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Excellent Restaurant for Sale with Certificate of Occupancy!

Restaurant for Sale location is on the Drag (Guadalupe St.) in Austin, next to the University of Texas!  Rare Opportunity will not last!

There is one and only one “Drag” in Austin, and this restaurant for sale could not be more in the heart of it! A property like this does not often emerge.

This 1,800 square foot restaurant for Sale by We Sell Restaurants is right in the center of things, on Guadalupe Street, directly across the street from 50,000+ potential customers at the University of Texas at Austin.  This space is literally awash in foot traffic for hours each day.

In 2021, a new 6’ hood and a 100-gallon grease trap were installed. These, along with all the kitchen equipment, would convey to the new owner. This location also has a Mixed Beverage Permit and a current Certificate of Occupancy.

And, there is a patio! This space has an ample 48 seats inside and another 8 right there on the front patio. The patio not only provides desirable seating, it also serves to visually make a restaurant in this space top-of-mind to the constant flow of pedestrians. This front space could be cosmetically transformed to create an eye-catching, branded entrance right there in front of a *zillion eyeballs a day. (*not the exact figure)

It cannot be overemphasized:  Location, location, location. This restaurant for sale is not two or three blocks deep into West Campus, or tucked down near the ends of the Drag -- places begging customers to walk just.that.bit.farther for their sustenance. No, this spot is right there, boom, as accessible as can be, begging the heat-stroked masses at UT to come right on in.

This restaurant for sale is your chance to either become instantly known or to expand your brand presence in Austin.  And amazingly, the rent is not outrageous, and the landlord is known for being reasonable. Current rent is $8,700 including CAMS, with a lease until
1/31/2032 and options after that.

This is a great location that could quickly be transformed to the concept of your choice. If you are considering opening or expanding a restaurant in Austin, this may be the perfect location to anchor you in the minds of both current Austinites and generations of college students to come.

Please click on the tab below to easily acknowledge confidentiality on this 2nd Generation restaurant fro sale. For many business opportunities, you will immediately receive the name, address, photos, and most recent financials. If you have any questions, please contact Certified Restaurant Broker Dave Duce at 512-773-5272.

This is an exclusive listing of We Sell Restaurants who is the rightful owner of all intellectual property associated with this website. This may not be duplicated without the express permission of We Sell Restaurants. We Sell Restaurants is a federally registered trademark.

Listing

  • Listing#: 8844
  • Price: $199000
  • Location: Austin

Lease Term: expires January 2032

Monthly Rent: $8700,

Indoor Seating: 48

Inside Sq. Ft: 1800,

Hood System: Yes

Hours Open: Mon-Thurs 11:30am - 8pm Fri-Sat 11:30am - 11pm Sunday 12pm - 8pm

# of Part-Time Employees: 11

# of Full-Time Employees: 1

Net Sales: $230000.00

Features

  • VERY RARE - sits directly across from the University of Texas!
  • Outstanding rent for the location.
  • Put in any concept you desire.
  • Tens of Thousands of students and tourists walk by each day.
  • Don't miss out on this one!!
  • Restaurant for Sale