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Austin, TX

  • Listing Number: 106-21556

  • Category: Convenience Store/Market

Asking Price $270,000
Down Payment
Gross Revenue $718,009
Total Adjusted Net Income $82,599
Equipment / Fixtures $130,675
Year Established 2009
General Location Austin, TX
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This market opportunity is on the corner space of a strip mall on a main street of an upscale neighborhood in Austin, Texas. Just 15 minutes from downtown, neighboring many office spaces, retail, restaurants, plus lots of new construction. Organic/local grocery items, snacks, craft beer, wine, tobacco and pre-packaged deli food. Indoor/outdoor market eatery with a kitchen which has been underutilized during covid. With restrictions lifted, the seller states there is additional untapped potential on that part of the business. The sale of the business includes $130,000 in furniture, fixtures and equipment, and $80,000 in salable inventory. Seller is motivated to sell.

Contact Ricardo at (619) 972-5088 for more details.

Gross Revenue $718,009 Listed Price $270,000
Total Income $82,599 Down Payment
Base Rent $7,117 Square Feet 3080
Total Rent $10,281 Lease Expiration 12/2024
Rent Deposit $14,502 Lease Options
Inventory $80,000 Leasehold Improvements $0
Equipment / Fixtures $130,675 Other Assets
Full-Time Employees 2 Training Period 4 Weeks
Part-Time Employees Special License Required TABC, Tobacco
Contract Staff Reason for Selling Personal Reasons

The information contained herein was received from the Seller and is deemed reliable but not guaranteed. First Choice Business Brokers (FCBB), has relied upon the Seller to provide the above details and has NOT verified this information. FCBB is not responsible for and does NOT warrant any statements, projections or any information provided by the Seller. The User/Buyer will be solely responsible for verification of the Seller's profits and business operation. By acceptance of this document, the Buyer/User agrees that all information contained herein is strictly confidential and will not be disclosed to any other party without prior written authorization. The Buyer/User confirms and understands that FCBB has NOT performed an independent investigation of the business or figures quoted herein.

FCBB strongly recommends that a Buyer should seek legal and accounting advice prior to purchasing a Business. Any change to the above information requires both the Seller's and FCBB's written approval. Any change made to this document without FCBB and Seller approval is not valid.

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