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Two Location Gourmet Pizza Shop
Location: United States -> Texas -> Denton County
Industry: Food and Beverage > Other Food and Beverage




Business Summary

Two locally well-known gourmet pizza dine-in & delivery restaurants in Northwest Dallas and Northeast Dallas is now available for acquisition as a package deal.

The first location was established by the founder of this brand in 2010, and later in 2018, the current owner bought the business with his son to grow the business. This location is occupied in a 2,400 SF space of a retail strip center located in a prime location surrounded by numerous retail businesses and affluent residential neighborhoods. The customers are middle to upper-income individuals and students from the surrounding densely populated residential neighborhoods. There are few Italian restaurants and franchise pizza chains within the immediate market area, but this business has built up its solid customer base that has been accumulated in the last 10 years of operation by providing a strong and unique product line and exceptional customer service which has differentiated themselves from the competition. Annual average net sales of this location are around $40,000 to $42,000 for the last few years and have grown drastically over the last several years even with COVID-19 in 2020.

The second location was newly established by the current owner in 2019. This location is occupied in a 1,600 SF space of a retail strip center in an open mall. This shopping center is anchored by many nationwide department stores, national retailers, all placed in a high traffic area between a cluster of major highways. The customers are middle to upper-income individuals and families as well as visitors to the shopping center. There is no direct competitor in the shopping center area, while there are few corporate pizza chains outside of the shopping center area. This gourmet pizza restaurant is by far superior to any other corporate pizza chains within the immediate market area in terms of high-quality products, services, facilities, and price points. Gross sales have been very consistently growing since its incep...


Financials

Asking Price Range:  $250K - $500K
Gross Revenues:   $936,117
Cash Flow:   $161,788
Cash Flow Type:  Sellers Discretionary Cash
Seller Financing:  No

About The Business

Year Established:  2010
Number of Employees:  20 - 34
Relocatable:  No
Franchise:  Yes
Current Real Estate:  Leased
Property:  Property For Lease

About The Sale

Management Training and Support:  The owner will provide sufficient training for an agreed-upon period to make the transition into the business as seamless as possible.
Reason For Selling:  Other opportunities/Move out of the country




Print Listing Id: 700351360
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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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