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Exceptional Opportunity with this coffee shop for sale in South Austin

Austin, TX (Travis County)

Exceptional Opportunity with this coffee shop for sale in South Austin
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Asking Price: $369,999

Cash Flow: $112,978

Gross Revenue: $489,354

EBITDA: N/A

FF&E: N/A

Inventory: N/A

Rent: $8,500 /Month

Established: 2017

Exceptional Opportunity with this coffee shop for sale in South Austin

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Business Description

Sellers income of nearly $113,000 a year!

Exceptional Opportunity to purchase this coffee shop for sale in South Austin! Six Figure earnings! An owner operator will take have $113,000 this year! Bring your offers today!
Own a large, truly impressive, well-branded coffee shop for sale on one of the most well-known streets in Austin. For $399,999, you can be the owner / operator of this amazing business and make an income of nearly $113,000 a year!
This coffee shop for sale is the landmark location of an Austin brand that is growing rapidly. A fantastic amount of time and energy has gone into perfecting the offerings, pricing, and branding, and now this company is on the verge of major expansion. In order to concentrate on this, the owners of the company would like to sell this location. We Sell Restaurants presents this major opportunity!
In only a few years, the owners have very successfully expanded their offerings to include much of the supply chain, meaning they now source and roast their own coffee beans and, from their lab location, they even teach classes to others! In addition to their fierce commitment to great coffee, they also offer an assortment of well-sourced, well-priced food, including pizzas and pastries, and of course beer and wine at this coffee shop for sale.
It is hard to overstate how well-done this coffee shop for sale is. The team behind the franchise knew exactly what they wanted from the design and build-out, and it shows. It has a great vibe. This location is only a couple of years old, so it still feels completely fresh and new. Also, this is not the kind of place that needs to be fixed up or turned around!
The coffee shop for sale itself is 2,000 square feet and seats 45 customers inside. The significant 1,000 square foot outside patio accommodates another 36. Rent, including CAMS, is $8,500 per month. The current lease runs through 2027 and also includes 2 5-year options. Considering the location, locking in a long-term lease like this is fantastic and a real bonus to the sale.
Right now, the owner is both managing this location and managing the company as a whole. A new owner / operator would be able to give more time and attention to the store than even the very successful current owner has. Despite the fact that this is a well-run location, it is still fairly new -- it opened in 2017 -- and still has a lot of upside potential.
New businesses take an incredible amount of time, money, and energy to create, and in the end most of them end up failing anyway. Here is a chance to avoid all that and leapfrog right to the place where you are the owner of a gorgeous, profitable, nearly-new coffee shop for sale in one of the hippest parts of Austin. A coffee shop like this would normally not come to market… this is an anomaly created only because the coffee shop for sale is so successful that the owner needs their time back to expand the whole company!

Detailed Information

Location:
Austin, TX
Real Estate:
Leased
Building SF:
2,000
Lease Expiration:
4/30/2027
Employees:
9
Facilities:
Pizza Oven Italian Revolving Espresso Machine 3 group MVP Hydra Synesso 20 tap Draft system 3 Retail coolers Walk in Cooler 2 tap Kegerator Bakery cooler POS Coffee Brewer Coffee Grinder 2 Espresso Grinders 3 door Freezer Pizza Prep table Sandwich Prep table Ice maker 2 Undercounter cooler Ice box Ice cream freezer 2 blenders 1 Veg Juicer 3 comp Sink Dough mixer Bakery Sheeter 3 dough mixer Gelato maker Pasta Maker Roastery 25 LB Roaster gas Grinder Cold brew equipment Refrigerated cooler K Cup machine Exhaust for the roaster
Competition:
The Austin market is and will continue to be rife with competition This gorgeous space is highly visible on a major road however and has proven that is stands out from the crowd
Growth & Expansion:
This company is undergoing a major expansion The new owner can operate only this cafe or could later expand the franchise
Support & Training:
1 week
Reason for Selling:
Other
Business Website:
http://www.wesellrestaurants.com
Contact Seller

Contact the Seller

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Dave Duce

Business Listed By:
Dave Duce

We Sell Restaurants

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Memberships & Certifications:
The TABB Certified Business Broker certification distinguishes its holder as a seasoned professional who has a solid educational background, proven accomplishments in completing deals, and an active membership in the TABB.


Sponsoring Broker:
Eric Gagnon

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Demographic Information

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