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Restaurant For Sale - Generates 6 Figure Cash
Location: United States -> Texas -> Austin
Industry: Food and Beverage > Restaurants and Fast Food (Non-Franchise)




Business Summary

The Texas Restaurant for sale is producing incredible cash flow of $170,000 for the owner! Incredible Austin Texas Gorgeous Landmark Location. Full service with multiple patios and live music!

Earnings are incredible on sales of over a million dollars per year. The absentee owners and the GM combined are generating a significant $170,000 annual cash flow. Be your own GM and capture all of it! Bring 20% down and our SBA lenders will write a loan for the balance and finance it over 10 years.

Live music, great food, a laid-back ambiance, and an unparalleled location define this restaurant for sale offered by the restaurant brokers. The 1,900 square feet restaurant for sale seats 95 inside and the ample decks seat 79 (and up to nearly 100) more. This is the kind of place that is easy to agree on, as a group can show up and know they can be accommodated at this restaurant for sale.

Have a meal from the regular menu, or grab a freshly made pizza. And did we mention the live music scene? This location brings in local and regional bands to play on two different stages-another revenue stream for you when you acquire this iconic Texas restaurant for sale.

What is more Texas than sparkling lights over the deck, twinkling in the twilight as the band plays and the sun sets over the river? Cold beer, good food, live music, and friends-it could not get better when you buy this restaurant for sale.

Much of the restaurant was updated in the past two years. There is all new kitchen equipment, for example, and new landscaping.

Click on the tab below to receive the name, address, and additional photographs of this Gorgeous Landmark Location Restaurant for Sale by the Restaurant Brokers once you sign the electronic confidentiality agreement. If you have any questions please call Austin's only Certified Restaurant Broker, Dave Duce, at 512-773-5272.


Financials

Asking Price Range:  $500K - $1.0M
Gross Revenues:   $1,081,076
Cash Flow:   $169,454
Cash Flow Type:  Sellers Discretionary Cash
Seller Financing:  No

About The Business

Year Established:  2014
Number of Employees:  20 - 34
Relocatable:  No
Franchise:  No
Current Real Estate:  Leased
Property:  Property For Sale

About The Sale

Management Training and Support:  2 weeks
Reason For Selling:  Other

Photos

View Larger Photo(s) Of Business
Restaurant For Sale - Generates 6 Figure Cash Photo 1




Print Listing Id: 700274857
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Related Searches: Catering Services  >  Food Production and Packaging  >  Grocery and Supermarkets  >  Liquor Stores  >  Restaurants and Fast Food (Non-Franchise)  >  Vending Machines  >  Other Food and Beverage  > 

Also See: Franchise Opportunities > Franchise Resales > Texas Businesses For Sale > Texas Franchises For Sale > Texas Business Brokers



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