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Listing 19104

Business Type: Restaurant, Bar/Restaurant
Location: Austin
Asking Price: $195,000
Gross Sales: $929,301
Net Income: $119,215
3 Years Average Cash Flow:
Down Payment: $195,999
Status: Available
Score: 73%
ROI: 62%
Details:

Popular restaurant at the same location for over a dozen years and great reviews. Busy for lunch weekdays and live music in the evenings and weekends. Serving appetizers, burgers, sandwiches and entrées in a comfortable atmosphere with inside and outside seating, makes this an inviting and convenient destination with ample parking.
Between food and alcohol, doing almost $1mm in sales and room for improvement. Absentee owner has other businesses and has not focused on
managing this location and expenses. An owner operator should net between $150k to $200k in the first year and recapture the asking price. Also, business hours can be extended to add more sales.
Extensive equipment and turnkey operation looking for an experienced restaurateur.
Priced to Sell and a great opportunity for a new owner.

Agent: Sunil Z. Verma contact at 512-800-7085

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