Italian Five Star rated - established ten years in same location
Lakeway, TX
| Asking Price: | $450,000 |
| Gross Revenue: | $800,000 |
| FF&E: | $150,000 |
| Cash Flow: | $150,000 |
| Inventory: | $10,000 |
| Established Year: | 2013 |
Listing ID: 2225560Listing provided by BizBuySell
BUSINESS DESCRIPTION
Old time and old country recipes from moms Italian kitchen bring repeat and very satisfied customers every day to this most popular five star restaurant in one of Austin’s most affluent locations with an excellent cashflow on a monthly basis.Just the right size so you can manage with minimum employees.
DETAILED INFORMATION
Location
Lakeway, TX
Inventory
Included in asking price
Employees
8
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
Complete high end buildout including a full bar area with a liquor license for festivities, parties and celebrations.
Nicely appointed throughout.
There is a plenty of parking available at all times.
Competition
Well known for its fine Italian cuisine that brings everyone back for more just like mom’s home cooked recipes. Tremendous repeat business from within the community and many out of town guests. Excellent location with tremendous traffic count on Highway 620 at the entrance to the Lakeway golf course and boating marina.
Growth & Expansion
There is a tremendous upside for the new management if they choose to open for lunch since the present ownership is not currently choosing to do so due to her up coming retirement that is most well deserved.
Support & Training
Owner will stay on to ensure a smooth transition for a period to be determined.
Reason for Selling
Owner is retiring.
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