Profitable Austin Cajun Restaurant for Sale- mostly Absentee owner

Austin, TX
listing image
Asking Price:$650,000
Rent:$5,248/Month
Gross Revenue:$901,553
Established Year:2007
BUSINESS DESCRIPTION

Austin Cajun Restaurant for Sale!

Profitable and Well-Established Cajun Restaurant for Sale with outstanding Owner Benefit! 2024 Seller Discretionary Earnings of over $130,000 from January to August, 2024.This 17 year-old Cajun seafood Restaurant for Sale is stellar: stellar food, stellar numbers, stellar track record. This long tenured and well loved restaurant in North Austin is available to buy. The owner is mostly absentee, and is still bringing in over 6 figures. This is the kind of Restaurant for Sale that the SBA loves to lend on! For 10% - 20% down, you can buy an incredible restaurant that will afford you both the lifestyle and income you desire. Dave at We Sell Restaurants can get you in touch with an SBA lender and have approval in a matter of days!
This Cajun Restaurant for Sale is the perfect place for a quick lunch or a relaxing dinner with family and friends. The menu offers a wide variety of delicious seafood and Cajun foods that will leave bellies full and hearts happy. After 17 years, the restaurant has perfected their offerings and the menu. The sign of a great place is when everyone has a different favorite!
This Restaurant for Sale has 1965 square feet and seats 62 customers. It has high visibility from the road, as it sits directly off a main thoroughfare in its part of Austin, a road carrying thousands of vehicles daily. The restaurant employs 8 full-time employees and 4 part-time employees, and they add more emplyees during the busy season (January - August). Rent including CAMS is an excellent 5248 per month, and the current lease runs through May 31, 2026, with a 4-year option to extend to 2030. There is also a fully wrapped and branded delivery vehicle that can also be purched seperately.
What an incredible opportunity this creates! This is a well-run, well-managed restaurant for sale that has been successful for many years. They have both a loyal fan base and new customers, as the city around them continues to grow. This Restaurant for Sale is an amazing opportunity!
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DETAILED INFORMATION
Location
Austin, TX
Inventory
Not Included in asking price
Real Estate
Leased
Building SF
1,952
Lease Expiration
31/05/2030
Employees
12
Facilities
12 foot vent hood grese trap HVAC Ice maker (new as of 2022) Walk in Cooler and Freezer 2 deep fryers new (both under 3 years old) Dish Machine (leased) Fountain Unit (owned by beverage company) 2 sandwich tables; both under 3 years old 4 stock pot burner 1 grill prep tables 1 three compartment sink Bar 3 compartment sink beverage fridge dining tables and chairs 5 tvs 2 POS systems (plus 3 old POS systems in office) w/ additional tableside tablet units 2 phone lines Outside trailer used for cold storage
Competition
Cajun offerings are rare in Austin and provide a real service in the marketplace.
Growth & Expansion
This model could be easily expanded to other locations.
Support & Training
Negotiable
Reason for Selling
Personal
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Dave
Duce
We Sell Restaurants
Dave Duce