Dave Duce, Franchise Partner in Austin, Texas, Sells 416 Bar and Grille and Garden Spot Café and Catering.
We Sell Restaurants, the franchise restaurant brokerage concept selling more restaurants than anyone else nationwide, announces the latest transactions in Austin, Texas. 416 Bar and Grille, located in the heart of one of Austin's premier restaurant areas, recently changed hands, as did Garden Spot Café and Catering. Dave Duce, Certified Restaurant Broker and Franchise Partner for We Sell Restaurants in Austin, represented the seller in both transactions.
416 Bar and Grill went into contract and sold to the new owner, Michael Moyer, an Austin resident. He is excited to take over a beautifully built-out location, and he and will soon be changing the concept. Michael plans to update the local flavor, recipes and customer service at this location with an all vegetarian menu and a new atmosphere. Restaurant Broker Dave Duce said of the sale, “It is always exciting to see someone with a real vision take over a concept and prepare to put their own spin on it. This was a great fit for both parties in a market where we are seeing strong restaurant sales.”
In a second restaurant sales transaction, Dave Duce sold Garden Spot Café to excited new owners Cindy and Raymond Choi. The 1,582 square foot café location will keep the same name and local vibe as it has for the last 30 years. The buyer and seller plan to closely coordinate on training and transition in order to retain the flavor and ambience of the business. The seller, Rich Pogrund, is retiring after several successful decades in business, and he is so pleased that We Sell Restaurants could help him achieve such a milestone.
Eric Gagnon, President of We Sell Restaurants, said, “We are very excited to see the continued strong activity in the Austin, Texas market in particular. National tracking shows that business sales were only slightly ahead of last year at the national level. Our firm is seeing restaurant sales activity that significantly outperforms last year in transaction counts and shorter days on market. The Austin office is a strong performer in the restaurant-for-sale marketplace.”
We Sell Restaurants, a franchise concept focused on helping the food service industry buy and sell restaurants through a unique branded and systemic approach, is now operating in 32 states, including those served by both the corporate headquarters and the franchisees, like Dave Duce in the Austin market.
About We Sell Restaurants: You can find We Sell Restaurants online at wesellrestaurants.com, Facebook, YouTube and Twitter. To learn more about franchising with We Sell Restaurants, visit www.wsrfranchise.com or call 888 814 8226. We Sell Restaurants is the nation’s largest restaurant brokerage firm assisting those in the market to buy and sell restaurants.