For Sale
$80,000

2nd Gen.Austin, TX 78753

Established Austin eatery, fully equipped, high-traffic location.

Overview

Added:
Dec 11, 2024
Days on market:
116
This turnkey restaurant and bar opportunity in North Austin, situated conveniently off I-35, presents a unique chance for immediate operation. The 1,330 square foot space boasts a full kitchen featuring a 9-foot hood, grease trap, ample refrigeration (including two reach-in freezers and two single-door refrigerators), a two-burner stove, a 3-foot grill top, a six-foot prep table, and a full-size oven. The existing setup includes seven 65-inch TVs and a comprehensive entertainment package, perfect for a lively atmosphere. The property benefits from a large parking lot and is located in a high-traffic area with nearby homes, apartments, and businesses, ensuring consistent customer flow. A mixed beverage permit is in place, simplifying the transition for the new owner. The asking price is $80,000, and the current lease, with options extending through June 2033, has a monthly rate of $4112 (NNN included). The previous gross revenue was $70,000. Inventory is not included in the asking price. Seller financing is not available. This second-generation restaurant is ready for immediate occupancy, saving the new owner significant time and expense associated with build-out and permitting. The current lease terms are available through June 2026. The business is being sold for personal reasons. This presents a fantastic opportunity for either establishing a new concept or expanding an existing one.

Highlights

  • Turnkey restaurant and bar for sale in North Austin, conveniently located off I-35.
  • High-traffic location near homes, apartments, and businesses.
  • Includes a valid mixed beverage permit.
  • Features a full kitchen with a 9-foot hood and grease trap.
  • Ample parking available.
  • $80,000 asking price; $4,112/month NNN lease through June 2033 (with options).

Property Details for 2nd Gen.

Property type
Retail properties, Restaurants
Square Feet
1,330 SF

Location Insight

City
Austin
County
Travis
State
Texas
Latitude
30.3889868
Longitude
-97.6710889
2nd Gen., Austin, Texas

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2nd Gen.
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