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Cafe For Sale
Location: United States -> Texas -> Austin -> Austin
Industry: Food and Beverage > Restaurants and Fast Food (Non-Franchise)




Business Summary

This down-home country cafe for sale located in a town just outside of Austin boasts an amazing Owner Benefit of over a quarter of a million dollars a year! The sales price is very reasonable (with a payback period of just over two years) because after more than a decade, the owners have decided to retire. This is your chance to own a true Texas cafe for sale and have a fantastic standard of living in the process - two things that do not always go hand-in-hand!

This cafe for sale was recognized by Texas Monthly as one of best small-town eateries for a reason. All the food is made from scratch, from the fried green tomatoes and hand-battered chicken-fried steak to the amazing desserts. The owners pride themselves on their original recipes and fresh ingredients. This is what Grandma used to make!

The location of this cafe for sale is fantastic, right in the middle of one of the smaller towns on the outskirts of Austin, and the rent is a very reasonable $5,200 per month, including CAMS. Like everything in these parts, the population here is booming and there is no end in sight. Locals are a constant, and tourists drop by, too, especially after seeing the incredible pictures from the online reviews.his cafe for sale is a good candidate for a Small Business Association loan. After a 25 percent down payment of $143,750, the cash flow is so high on this property that even after paying the loan, the new owner's take-home pay would still be very significant!
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:   $1,399,189
Cash Flow:   $283,377
Cash Flow Type:  Sellers Discretionary Cash
Seller Financing:  No

About The Business

Year Established:  2004
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:  Retirement

Photos

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Cafe For Sale Photo 1




Print Listing Id: 700288129
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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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