REDUCED | 15.47 CAP | 25.16% 1st Year Cash on Cash |  
Maxine's Cafe & Bakery | Bastrop TX 

REDUCED. $135,833 Net Operating Income. $89,639 Net Cash Flow. 25.52% 1st year cash on cash. 15.47% CAP. 2.94 Debt Service Coverage Ratio. Maxine’s Café and Bakery on Main ST in historic Downtown Bastrop. Established in 1997. Voted Best of Bastrop 2019 Overall Restaurant, Breakfast, Dessert and Home Cooking. Current owner 10 years. Owner retiring. Real estate and/or business for sale. Possible owner finance. Recently added adjacent 1,000 SF now 3,041 SF on two tracts. Not in flood zone. Over $40M in unmet restaurant and bar local demand in County. Growth rate nearly identical to Austin with much higher property value trends, higher % $500K net worth, lower crime. 1 MI or less from Buc-ee’s, TX 71 or TX 21. YouTube

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Possible Owner Finance

The owner may finance the real estate and/or the business depending on sale price, terms and other considerations.

For More Information

Diane Alexander, MBA, MHA
Chairman & CEO, SWPRE & SWPRE Philanthropy
m  +1 713.591.9902
o   +1 512.577.0079
e    diane@swpre.com
w   https://swpre.com/

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Bastrop Central Appraisal District Data 

Owners
Real estate: Zintek Properties LTD
Business: ZNTK Management LLC dba Maxines on Main LLC

Address: 905 Main ST

Legal:

Tract # 1
: PIDN 33103, Geographic ID: R33103, Legal Description: BUILDING BLOCK 4 W W ST, ACRES 0.0520
Tract # 2: PIDN 33231, Geographic ID: R33231, Legal Description: BUILDING BLOCK 4 W W ST, ACRES 0.0310

Land*: 0.083 acres

Tract # 1: Commercial: 0.052 acres | 2,265 SF | 210.425 m2 | .00195 hectares
Tract # 2: Commercial: 0.031 acres | 1,350.36 SF | 125.452 m2 | .01254 hectares

*m2 & hectares estimates by SWPRE

Improvements: 3,041 SF living area

Tract # 1: 2,041 SF living area
Commercial built in 1920: 1,987 SF
Paving concrete walk/paving built in 1976: 208 SF
Paving concrete walk/paving built in 1920: 72 SF
Commercial built in 1976: 54 SF
Covered porch/canopy built in 1920: 5 SF
Covered porch/canopy built in 1920: 5 SF
Covered porch/canopy built in 1920: 5 SF

Tract # 2: 1,000 SF living area
Main area built in 1970: 1,000 SF
Covered porch built in 1970: 160 SF

Taxes:

2018 taxes: $12,533.40
Tax rate: 2.5849
Exemption: None 

Directions

1 MI from Buc’ees at &TX 21/95 

Travel north on TX-21/TX-95 0.1 MI
Turn left (west) on Chestnut ST 0.8 MI
Turn left (south) on Main ST 0.1 MI
Property on your left at corner of Main ST & Pine ST

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3% Buyer Broker Commission

Only requirements for payment of 3% buyer broker commissions: Texas Broker License and submit contract that escrows, closes and funds.

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