Asian Cuisine Restaurant for Sale in Austin/Round Rock, TX

This is a beautiful Asian Cuisine restaurant located in a high-traffic area of Austin/Round Rock, TX. The establishment features a beautiful layout, approximately 100 seats, booths, and bar counters, and is situated less than half a mile from major companies. Future development including a shopping mall, hotels, and luxury apartments is projected for 2019-2020, indicating significant growth potential. The restaurant is currently owner-operated and offers sit-down table service. It was established in 2016 and has 2875 square feet. The asking price is $399,990, with Sellers Discretionary Earnings (SDE) of $100,000. The business includes FF&E valued at $100,000 and inventory. The lease has 3 years remaining with a monthly rent of $9,000. The owner is selling due to a shortage of kitchen staff. The business is well-positioned for a new owner to potentially serve a variety of cuisines and capitalize on projected income growth to $500k-$1M within two years.