Well Established New York Style Pizza & Classic Italian Cuisine

Contact Seller
Asking Price:
$335,000

Gross Revenue:
$872,693
Cash Flow:
$255,987
(Seller's Discretionary Earnings)

EBITDA:
 Not Disclosed
Inventory:
$5,000
not included in asking price

FF&E:
$50,000
included in asking price

Real Estate:
 Not Disclosed

Share this business:

Business Description

Authentic Italian restaurant with classic Italian dishes and NY-style pizza is available for acquisition. This business was originally established a decade ago in 2005 by the current owner of the business. Competition is expected for any Italian restaurants, but this business has long been established in the area for over a decade accumulating a loyal customer base that has high retention rate compared to the other competitors. Most of the customers are Caucasian individuals from all age groups that live in the surrounding densely populated residential neighborhoods and apartment complexes. Net sales average was $740,000/year that has been consistent throughout the last several years of operation without any marketing done locally or online. Proactive marketing is crucial to the further growth of this business as there are many untapped areas that has yet to be fully utilized to generate more cash flow and customer acquisition. There are many ways to proactively market this business such as direct mailing, social media outlets, delivery service, 3rd party delivery service, door hangers, fully utilize liquor license to sell liquor, cocktails, and mixed drinks, which the business does not do currently. Owner involvement will be extremely beneficial to the overall health of the business as well as cutting unnecessary payroll expenses. Many products are provided at this business that can range from appetizers, soups, salads, homemade pastas, chicken entrees, seafood entrees, veal entrees, hot subs, cold subs, stuffed rolls, personal pizza and a wide selection of desserts. This business has everything in place for a potential buyer to be proactively marketing this business while being fully involved in the day-to-day operations.

Listing ID #000515
For more info, please call Kevin Chung at 1-866-519-2421.

About the Business

Location:
Dallas, Texas
Year Established:
2005
Number of Employees:
6FT/4PT
Facilities:
This business is located in a 2,000 SF retail end-cap that is placed right between two major intersections with heavy traffic and densely populated residential neighborhoods. All equipment is in impeccable condition and in working order.
Market Outlook/
Competition:
Some competitors are within the immediate market area, but this business has been operating for over a decade and has established itself within the community.
Growth & Expansion:
There is no marketing currently done, but proactive marketing methods are crucial to growing this business and acquiring new customers.
Contact the Seller

About the Sale

Reason For Selling:
Other Opportunities
Training/Support:
The owner of the business will provide the necessary training needed to smoothly transition into the business operation.
Seller Financing:
100% down at the time of closing or 50% Cash Down with SBA Financing for Qualified Bu

Listing Info

ID:
1618789
Ad Detail Views:
0

Contact the Seller
Please confirm you're not a robot
Contact the Seller
Business Listed by

V-AID Group, Inc.

www.v-aidgroup.com
License# 567204

 Show Phone Number

View My 171 Active Listings
U.S. Census Data for Collin, Dallas and Denton Counties, TX
Age

Gender

Ethnicity

Source: Decennial Census (2010), United States Census Bureau.

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

U.S. Community Survey Data for Collin, Dallas and Denton Counties, TX
Income

Education

Source: American Community Survey (2010-2014), United States Census Bureau.

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.


Similar Listings


Report an Issue The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms & Conditions.