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




Business Summary

Locally well-known gourmet pizza dine-in & delivery restaurant in Northwest Dallas is now available for acquisition. The business 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. Various menu items are provided at these gourmet pizza restaurants ranging from hand-crafted pizzas, oven-baked pasta, hot & cold sandwiches, salads, appetizers, and desserts. The business 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 business are around $40,000 to $45,000 for the last few years and have grown drastically over the last several years even with COVID-19 in 2020. Currently, some marketing is in place through the website, social media outlet, but more pro-active marketing to local area needs to be utilized to achieve maximum income capacity as well as growing the customer base beyond the immediate market area. These well-established gourmet pizza restaurants are ready for a potential buyer who can be actively involved in the business operation while marketing to grow the business to maximum income capacity.
For more info, please call Stephen Lee at 1-866-519-2421.

Asking: $165,000
Furniture, Fixtures & Equipment: $75,000 (Included in listed price)
Inventory: $3,000 (Included in listed price)
Financing: 100% down at the time of closing or 15% Cash Down ...


Financials

Asking Price Range:  < $250K
Gross Revenues:   $515,975
Cash Flow:   $65,196
Cash Flow Type:  Sellers Discretionary Cash
Seller Financing:  No

About The Business

Year Established:  2010
Number of Employees:  10 - 19
Relocatable:  No
Franchise:  No
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: 700351362
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Also See: Franchise Opportunities > Franchise Resales > Texas Businesses For Sale > Texas Franchises For Sale > Texas Business Brokers



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