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Established Schlotzsky’s/Cinnabon fast casual restaurant

Austin, TX
listing image
Asking Price:$995,000
Inventory:$20,000
FF&E:$300,000
Gross Revenue:$1,600,000
Rent:$10,000/Month
Established Year:2001
Listing ID: 2183933Listing provided by BizBuySell
BUSINESS DESCRIPTION

We offer great food the whole family will love! Sandwiches, pizzas, et

Schlotzsky's/Cinnabon long time franchisee. New location at 8900 S. Congress Ave. Established fast casual restaurant in Austin Texas. $1,600,000 in sales. Great 10 year lease with 5 year options. Financials can be reviewed for serious buyer. Reason for sale is retirement. We have been a Schlotzsky's franchisee since 1997!

DETAILED INFORMATION
Location
Austin, TX
Inventory
Included in asking price
Real Estate
Leased
Building SF
2,600
Employees
20
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
Includes all equipment.
Competition
Austin is one of the fastest growing cities in the US. Great Market in South Austin. Near IH35.
Growth & Expansion
Also have rights to open new location.
Financing
With bank approval
Support & Training
Schlotzsky's Corporate training school as well as in store training.
Reason for Selling
Retirement. We have been Schlotzskys Franchisees for 27 years.
Franchise
This business is an established franchise
BUSINESS LOCATION
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Michael Thomas
Phone Number
Michael Thomas
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