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Open Your Dream Restaurant With $50,000
Location: United States -> Texas -> Austin -> Austin
Industry: Food and Beverage > Restaurants and Fast Food (Non-Franchise)




Business Summary

If you have been dreaming of owning your own restaurant here is your chance to move in and start serving the food of your dreams. The small bistro type restaurant is fully equipped and furnished and ready for someone to move in and serve this Northwest Community , which has been very supportive of present owners for almost 10 years. The owners of this restaurant are ready to move on and the landlord is motivated to sign a new lease with new potential leasees. The restaurant had annual gross sales of $100k last year and on similar course this year. The restaurant seats 58 people, which includes seating for 4 at the counter. There is a small patio, which could be spruced up with railing and awning for outside seating for an additional 3-4 tables. Lots of windows and in good shape. The restaurant for sale is located in a strip center, which has been fully leased for the entire 10 years of operation. Owners are asking for cash and are not interested in financing a deal. Only serious buyers are encouraged to send proposals via e-mail and make an appointment to see the restaurant via e-mail only.


Financials

Asking Price Range:  < $250K
Gross Revenues:   $100,000
Cash Flow:   $10,000
Cash Flow Type:  Sellers Discretionary Cash
Inventory:  $20,000
Seller Financing:  No

About The Business

Year Established:  2000
Number of Employees:  4 - 5
Relocatable:  Yes
Franchise:  No
Current Real Estate:  Leased
Property:  Property For Lease

About The Sale

Reason For Selling:  Time to move on and do something different.

Photos

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Open Your Dream Restaurant With $50,000 Photo 1 Open Your Dream Restaurant With $50,000 Photo 2 Open Your Dream Restaurant With $50,000 Photo 3




Print Listing Id: 700106605
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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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