Downtown Austin Cafe
Austin, TX
| Asking Price: | $225,000 |
| Gross Revenue: | $552,434 |
| Rent: | $6,389/Month |
| Established Year: | 2020 |
| Cash Flow: | $95,170 |
| Inventory: | $10,000 |
| FF&E: | $40,000 |
Listing ID: 2254705Listing provided by BizBuySell
BUSINESS DESCRIPTION
Profitable turnkey owner/operator downtown coffee shop...with parking!
This franchise café opened in 2020 and survived Covid with quality products, excellent service, and an amazing downtown community. This location is steps from the capitol with indoor and outdoor seating. This cafe is semi-attached to a 100k sqft office building with on-site parking spaces for guests and employees. This clean and well maintained space is ready for new owners to have positive cashflow on day 1.
Please note that this listing is confidential. We request that all inquiries and discussions regarding the sale of this cafe be conducted discreetly to ensure our team members and guests remain unaware of the sale. No in cafe solicitation.
DETAILED INFORMATION
Location
Austin, TX
Inventory
Not Included in asking price
Real Estate
Leased
Lease Expiration
31/08/2030
Employees
10
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
Current lease expires in Sept 2030 with two 5yr options to renew. The space is 2,052 square feet including outdoor area.
Competition
The capitol district does not have much competition. 3 competing cafes within 0.5 mile.
Growth & Expansion
Spring 2025 is the next Texas Legislature and is prime time for this cafe. We expect 10% YoY growth to continue. Catering during TX Legislative session and expanding hours. Digital marketing targeting lobbyists and capitol staff.
Adding more weekend events and promotions to reach UT and ACC students
The franchise brand is expanding in TX with 8 total cafes, 2nd largest market for this brand. Austin can support more locations.
Financing
Will consider up to 20% seller financing
Support & Training
The Buyer will go through training as a new franchisee with franchisor. Franchisor will also provide ongoing training and support after the sale. Seller will be available for in person support in first week after sale and 30 days of phone support after the sale.
Reason for Selling
Need to relocate to provide care for family.
Franchise
This business is an established franchise
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