Growing Restaurant In High Traffic Area In Austin For Sale

Business description

This is a fantastic opportunity to take over and continue to grow a new restaurant in a great location in Central Texas. The build-out has been expertly done, and the menu today offers spectacular varied Asian cuisine including Vietnamese, Chinese, Japanese (Sushi), Korean barbeque, and Thai. The restaurant can be continued with this cuisine or changed by the new buyer to some other menu options. The restaurant is located in a high traffic area and is open 7 days a week. Sales have been growing very successfully with 2011 Revenue at $361,353

Property information

Real Estate:

Lease

Location:

Central Texas - Austin

Premises details:

Great location, brand new buildout in new strip mall.

Size in square feet:

2,500

Other information

Expansion potential:

Revenue for the restaurant continues to grow thru referral, good internet reviews, and local marketing. Advertisements are placed in local ad magazines. The new owner can continue with local marketing to broaden the awareness of the cuisines offered.

Competition / Market:

The restaurant is located in a high traffic area and there is limited competition of Asian restaurants in the immediate vicinity.

Support & training:

Training will be porvided by owner to new buyer for an effective transition

Reasons for selling:

Owner wants to pursue his other business profession

Trading hours:

11 AM - 10 PM 7 days a week

Financing available:

TBD

Furniture / Fixtures value:

$175,000 (included in the asking price)