0 Austin Bee Cave, TX 78738
Exceptional opportunity to acquire a thriving, fully equipped pizza restaurant in West Austin, Texas. This 2,096 square foot, second-generation space boasts a prime location near a major medical complex, residential areas, and other businesses. The restaurant comfortably seats 42 guests and features a fully operational kitchen, including a 6x8 hood system, grease trap, walk-in cooler, and two conveyor belt pizza ovens. All necessary inspections and a Certificate of Occupancy are in place, allowing for immediate operation. The lease extends until August 30, 2038, providing long-term stability. The current monthly rent is $6,550. The business generated $289,000 in gross revenue and employs 3 full-time and 7 part-time staff. Extensive equipment is included, encompassing a salad bar, buffet warmer, computers, dough rolling machine, freezer, extensive counter space, topping bar, pizza ovens, vent hood, cheese slicer, mixer, sinks, stainless steel tables, a dunnage rack, heater/proofer, and TVs. This turnkey operation presents a fantastic opportunity for an owner-operator or an established pizza chain seeking expansion. The adaptable space also lends itself to other restaurant concepts. The asking price is $99,000, and seller financing is not available. The reason for selling is personal.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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Property description
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Risks
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