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Established Downtown Austin Restaurant for Sale in Downtown Austin, Texas

Reference #: 41180499
Location: Downtown Austin, Texas
Price: $250,000
Amount Down: $125,000
Revenues: $450,000
Discretionary Earnings: $100,000
Total Assets: $75,000
Business Description:

This restaurant has been operating in downtown Austin for 14 years serving delicious, fresh, healthy food in a unique style. The majority of sales are generated at lunch, despite the lack of advertising of the business.  Most of the equipment is 2 years old while some is brand new. The restaurant occupies 3,500 square feet in a highly desirable section of downtown and this is the only restaurant of its type in the area. Monthly gross rent is $5,500 and the lease runs through 2016.  Seller is willing to finance 50% of the purchase for a qualified buyer and will provide ample training for the new owner.


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The information above has been provided by the seller and/or the seller's financial advisors and has not been verified by this independently owned office, its representative, or VR. This independently owned office, its representative, and VR make no warranty regarding the accuracy of this information and advises prospective buyers to conduct their own due diligence prior to purchasing any business.