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Profitable Italian Restaurant For Sale
Location: United States -> Texas -> Dallas/Fort Worth
Industry: Food and Beverage > Restaurants and Fast Food (Non-Franchise)




Business Summary

Available now is a rare, well established, high volume, exceptional, non-franchise Italian pizza and pasta restaurant producing over $1,200,000 in sales. Restaurant is run 100% absentee and is extremely profitable and very easy to run for even an EB2 investor with managers and staff in place. The current owner has put processes and technology in place allowing remote monitoring of the restaurant. Point-of-sale is state of the art geared towards high volume. The restaurant is SBA loanable with detailed revenue documentation available. If the new owner is a hands-on operator, the cash flow will be higher because number of managers can be reduced.

Facilities:
Located in a busy, upscale location with ample parking available, the restaurant is approx. 2800 sq.

Competition:
There are a few other Italian restaurants in the neighborhood; however, this one is very popular among its clientele.

Growth & Expansion:
Restaurant is very brand-able and continues to grow year over year. Restaurant offers dine-in, takeout and delivery in the upscale neighborhood.

Asking price: $699,000 Serious inquiries only.


Financials

Asking Price Range:  $500K - $1.0M
Gross Revenues:   $1,200,000
Cash Flow:   $240,000
Cash Flow Type:  Sellers Discretionary Cash
Inventory:  $100,000
Seller Financing:  Yes

About The Business

Year Established:  2009
Number of Employees:  10 - 19
Relocatable:  No
Franchise:  No
Current Real Estate:  Leased
Property:  Property For Lease

About The Sale

Management Training and Support:  2-3 weeks or negotiable
Reason For Selling:  Need capital for another business

Photos

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Profitable Italian Restaurant For Sale Photo 1 Profitable Italian Restaurant For Sale Photo 2 Profitable Italian Restaurant For Sale Photo 3




Print Listing Id: 700261262
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Related Searches: Catering Services  >  Food Production and Packaging  >  Grocery and Supermarkets  >  Liquor Stores  >  Restaurants and Fast Food (Non-Franchise)  >  Vending Machines  >  Other Food and Beverage  > 

Also See: Franchise Opportunities > Franchise Resales > Texas Businesses For Sale > Texas Franchises For Sale > Texas Business Brokers



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