Pizza Restaurant for Sale available in NW Austin

Austin, TX
listing image
Asking Price:$180,000
Rent:$5,745/Month
Gross Revenue:$471,000
Established Year:2008
BUSINESS DESCRIPTION

This store is in a retail and restaurant complex with a number of significant national stores as tenants, right off two major roads (with a combined 70,000 daily vehicle count). In addition, this Pizza Restaurant for Sale is right next door to a major bar that does a tremendous amount of business and has no kitchen of its own. The importance of this cannot be overstated!Not all pizza is created equal, and the food served at this Pizza Restaurant for Sale is a cut above the rest. Austinites care what they put in their bodies, and this local franchise knows its customers. Austinites are fully prepared to spend more disposable income on a food with impeccable ingredients and a local pedigree. That's what's served up at this pizza restaurant for sale. The ingredients are real, and the sauce is made from scratch instead of arriving in cans. The slices and huge and satisfying.The bar next door, as mentioned, is a significant source of revenue. The menus of the Pizza Restaurant for Sale offered by We Sell Restaurants are literally on the tables of the bar, and delivery is as simple as walking next door. It is like having a 3,000 square foot dining room that you don't have to pay for. In addition, the patrons of the bar are not the most, shall we say, price-sensitive of consumers and are willing to spend real money on a fresh, hot pizza so that they can stay longer at the bar with their friends.The location Pizza Restaurant for Sale also makes delivery easy. There is a population of over 80,000 people within a three mile radius of the store, with a significant household income of almost $100,000. Also, the store is near some of the major tech company campuses. Significant orders (of several thousand dollars) are not uncommon, and there are invoices to prove it. Currently, this pizza restaurant for sale does not actively solicit these large corporate orders, meaning there is real upside potential for a new owner to grow that side of the business. Since the fixed costs are already covered, just a few more corporate orders a month would seriously contribute to bottom-line revenue.
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DETAILED INFORMATION
Location
Austin, TX
Inventory
Not Included in asking price
Real Estate
Leased
Building SF
1,500
Lease Expiration
30/04/2029
Employees
8
Facilities
Conveyor ovens Walk in cooler Walk in freezer Pizza prep Salad prep Pizza oven Dough Mixer Tv menu POS Toast Misc work tables
Competition
High visibility with large bar right next door.
Growth & Expansion
Great spot for your first location, or to add another location with your own concept.
Support & Training
Negotiable
Reason for Selling
Other
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Dave
Duce
We Sell Restaurants
Dave Duce