Italian Restaurant With High End Bar

Listing ID: 700344490

Listing Title: Italian Restaurant With High End Bar

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Industry: Food and Beverage

Industry Segment: Restaurants and Fast Food (Non-Franchise)

Country: United States

State / Province: Texas


City: Dallas

Asking Price Range: < $250K

Gross Revenues: $480,000

Cash Flow: $95,000

Cash Flow Type: Sellers Discretionary Cash

Year Established: 2018

Number of Employees: 6 - 9

Business Description:
Prime location Italian restaurant with fast growing sales and modern interior design in Southwest Dallas is now available for acquisition. This business was originally established early 2018 by the current owner of the business. As a full-service Italian restaurant that was built from ground up in 2018, all equipment and the facility is made with state-of-the-art and top-of-the-line products. The business features a well-built bar that has yet to be utilized and spacious parking lots, and the interior facility is beautifully built as its brand new. Not only does this business offer a variety of quality Italian food such as appetizers, soups, salads, pizza, pasta, calzones, strombolis, hot subs, seafood dishes, veal dishes, house special etc., but it also serves alcoholic beverages which no other competitor does in the immediate market area. Most of the customers are individuals and families from the nearby densely populated residential neighborhoods filled with a large middle-class community of African Americans. Average net sales were $40,000/month over the last several years and have increased each month since its inception without any marketing. Competition is expected for this popular business industry, but most of competitors within the immediate market area solely focus on pizzas while this business is a full-service Italian restaurant that offers handmade cuisines not available from the competition. Pro-active 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, flyers for apartments, social media outlets, catering services, coupons, daily special, 3rd party delivery service and hiring a manager to help the operation of the business especially when the owner is not at the business. This business has done very well with its ground works, poised ...

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