0 AustinJollyville, TX 78729

Property Details for 0 Austin

Year built

2008

Property size (Sq ft)

1,500 SF

Property type

Retail properties

Property subtype

Other retail properties

Description

This thriving pizza restaurant, established in 2008, presents a unique investment opportunity in Northwest Austin's vibrant culinary scene. Located in a bustling retail and restaurant complex, this 1,500 square foot establishment enjoys high visibility due to its position on two major roads with a combined daily traffic count of 70,000 vehicles. The restaurant benefits from a strategic adjacency to a high-volume bar lacking its own kitchen, creating a built-in, substantial customer base. This symbiotic relationship significantly boosts sales, effectively providing an additional 3,000 square feet of dining space without the associated costs. The restaurant's menu features high-quality, locally-sourced ingredients, appealing to Austin's discerning clientele. With a strong local following and a proven track record of success, the business boasts annual gross revenue of $471,000. The lease extends until April 29, 2029, with a monthly rent of $5,745. The fully equipped kitchen includes conveyor ovens, walk-in coolers and freezers, pizza prep and salad prep areas, a dough mixer, and a POS system. The restaurant currently employs eight staff members (two full-time, six part-time) and has indoor seating for 20 patrons. Operating hours are Monday-Thursday 11 AM-9 PM, Friday-Saturday 11 AM-10 PM, and Sunday 12 PM-9 PM. The restaurant is situated within a three-mile radius of over 80,000 residents with an average household income nearing $100,000, and is conveniently located near major tech company campuses, presenting significant untapped potential for large corporate catering orders. This turnkey operation offers a compelling opportunity for immediate revenue generation and substantial growth potential. The asking price is $180,000.

Location Insight

City

Jollyville

County

Travis county

State

Texas

Latitude

30.4647

Longitude

-97.7471

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