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- RE: Austin Premier Music Bar Venue
- Contact: Ryan Mortensen
Quick Facts
Asking Price: | $285,000 | |
Annual Revenue: | $643,000 | |
Net Profit: | Not Disclosed | |
Cash Flow: | $120,957 | |
Total Debt: | Not Disclosed | |
FF&E: | Not Disclosed | |
Real Estate: | Not Disclosed | |
Year Established: | Not Disclosed | |
Employees: | Not Disclosed | |
BBN Listing #: | 987816 | |
Broker Reference #: | 69071-393319 |
Business Overview:
In the heart of Austin’s booming East Side, High Dive is the bar that’s making a splash — and not just because of its killer cocktails. This high-end watering hole with a laid-back dive vibe has quickly become the “last call” everyone answers after a long day. Nestled among shiny new high-rises, High Dive stands as the beloved local spot where music meets mixology, and the vibe’s always just right.
What sets us apart? Well, for starters, we’ve got permits so exclusive you’d think they were the secret recipe to a perfectly shaken martini. While other bars are shutting their doors, we’re still playing live music outside until 10:30 PM and keeping the drinks flowing long past midnight — legally! That’s right; our grandfathered permits let us keep the party going while everyone else calls it a night.
And did we mention the outdoor patio? It’s not just big — it’s Texas-big. With ample room to enjoy live tunes, fresh air, and drinks under the stars, this space is the ace up High Dive’s sleeve. In a city where outdoor seating is as rare as a free parking spot downtown, our patio is packed with possibilities. Plus, being in the “Live Music Capital of the World,” that stage has seen some unforgettable acts.
With Austin hosting events like ACL, SXSW, and Formula 1, High Dive’s location isn’t just a spot — it’s the sweet spot. We're the pit stop for professionals heading home to the high-rises, and the local hangout where stories (and drinks) are poured after every show.
What’s the Best Part?
Owning High Dive is like being the headliner in Austin’s prime-time social scene. You’ll be stepping into a turnkey business with a loyal crowd that knows where the real party’s at. But don’t just sit there sipping on the idea — there’s plenty of room to grow!
Take social media by storm: We’re already trending with influencers, but with more creative collaborations, the bar will be more lit than ever (pun intended).
Partner with food trucks or expand the food program. Everyone knows great music needs great eats, and High Dive could easily become the spot where Austin comes for both.
Now, we could go on about SDE, margins, and multiples, but let’s skip the dry numbers and keep this as smooth as our signature cocktails. Yes, there’s real financial potential here, but the truth is, High Dive offers something even better — the chance to own a space where the music plays on, the drinks never stop, and the vibe is always right.
So, if you’re ready to step into a business that’s got local charm, big-city appeal, and more potential than a sold-out show, High Dive is calling your name. The spotlight’s on you — time to make your move.
Real Estate available upon request.
Seller Financing Available for a Well-Qualified Buyer.
Inquire for more details and learn how you can buy a business for as little as 10% down on qualified SBA listings or how to use creative financing options to get a deal done! At Transworld Business Advisors, we are the most active business brokerage in the country - listing and selling the most businesses in the state. Get added to our buyer list today to receive notifications as businesses with your criteria hit the market!
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Property Features and Assets:
Square Units (Foot, Meter): 2,500
Lease Expiration Date: September 1, 2030, 3:00:00 AM
Reason for Selling:
OtherAdditional Details:
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
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