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Italian Restaurant With Consistent Sales
Location: United States -> Texas -> Fort Worth
Industry: Food and Beverage > Restaurants and Fast Food (Non-Franchise)




Business Summary

Prime location mom & pop Italian restaurant placed in a fast growing city next to a major highway is available for acquisition. This business was originally established almost two decades ago in 2001 and was acquired in 2016 by the current owner of the business. Most of the customers are upper-class Caucasian families and blue collar workers from the surrounding densely populated residential neighborhoods as well as nearby construction developments. Many of the residents in the local area are retired upper-class individuals whom live with their families and are next to a medical building that bring immense traffic. Gross sales are $455,000/year that has been consistent over the last several years of operation without much marketing done other than delivery service and word of mouth. Although the delivery service has provided ample customer retention, other forms of active marketing needs to be in place for this business to further expand their sales and increase customer acquisition rate from the surrounding local areas. There are many ways for this business to be proactively marketing in present time such as direct mailing, social media outlets, 3rd party delivery services, catering service, print ADs, coupons and family meal bundles. Due to the rise in developments in the local area, marketing will be crucial for this business to truly expand upon their sales and realize the full potential capacity this business can handle. This business is fantastic for any potential buyer to proactively market this business while being fully involved in the day-to-day business operation.
For more info, please call Stephen Lee at 1-866-519-2421.

Asking: $165,000
Furniture, Fixtures & Equipment: $100,000 (Included in listed price)
Inventory: $2,500 (Included in listed price)
Financing: 100% down at the time of closing or 50% Cash Down with SBA Financing for Qualified Buyers with Industry Experience.
Facilities: This business is located in a 2,500 SF space of a retail s...


Financials

Asking Price Range:  < $250K
Gross Revenues:   $481,083
Cash Flow:   $99,733
Cash Flow Type:  Sellers Discretionary Cash
Seller Financing:  No

About The Business

Year Established:  2001
Number of Employees:  4 - 5
Relocatable:  No
Franchise:  No
Current Real Estate:  Leased
Property:  Property For Lease

About The Sale

Management Training and Support:  The owner of the business will provide substantial training for a smooth transition into the business operation.
Reason For Selling:  Other opportunities




Print Listing Id: 700343646
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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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