Iconic Austin tavern up for sale for undisclosed amount
The Tavern, a fixture on Austin’s bar scene since 1933, will soon have a new owner. Ellis and Austin Winstanley — the brothers behind Austin mainstays El Arroyo, Cain and Abel’s, Abel’s on the Lake, Abel’s North, Star Seeds Cafe, and Hill’s Cafe — have put the downtown party spot up for sale.
They’re selling the business, including the equipment, but not the 101-year-old building; the brothers don’t own the structure.
“My brother and I are known for rescuing local and historical small restaurant brands, and turning them around to maintain their place in the community as job creators,” Ellis Winstanley said in testimony before a congressional committee in 2013.
No word on the price tag that the Winstanleys have put on the West 12th Street and North Lamar Boulevard bar. The brothers took over The Tavern in 2012.
According to the Austin Business Journal, the Winstanleys are also shutting down Abel’s North on West Parmer Lane to convert the space into “creative” offices. The Winstanleys say they are reducing their food and beverage holdings so they can focus more on their other business ventures as well as their families.