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Two Fast Casual Gourmet Pizza Dine In
Location: United States -> Texas -> Collin County
Industry: Food and Beverage > Other Food and Beverage




Business Summary

Two-location in Northeast Dallas well-established fast food gourmet pizzerias placed in affluent cities are now available for acquisition as a package deal. The first location was originally established in 2007 by the current owner of the business that has built the business from scratch, and occupied in a 1,525 SF space of retail strip center next to a busy intersection with heavy traffic coming from nearby main road of a city. The second location was established by the current owner in 2012, and is located in a 2,320 SF end-cap space of retail strip center that is anchored by a nationwide grocery, and there is an enormous presence of retail chains around the business with heavy traffics. Both businesses are located in different city, but both of them were well established in prime location of each city since their inception. Demographic of the customers for both locations are a well mix of different ethnicities of high income individuals and families from surrounding upscale residential neighborhoods. Competition is inevitable within these prime locations, but this business is known for their high quality ingredients used in the menu items compared to the mass produced menu items from corporate chains that are located nearby. Most of the competitors in the immediate market area have products that are either expensive or cheap with nothing in between, but this business has accumulated a number of customers in the middle ground with reasonable price point for their unique product line made with high quality ingredients. Various menu items are provided at this business that can range from appetizers, salads, soups, baked wings, calzone, specialty pizzas, create-your-own pizza, pastas, sandwiches, desserts and a dedicated kids menu. Gross sales of first location have been very consistent over the last several years and does $550K to 600K per year, and second location have been consistent as well for last several years around $600K to 650K per year. Although some m...


Financials

Asking Price Range:  $500K - $1.0M
Gross Revenues:   $1,190,000
Cash Flow:   $250,000
Cash Flow Type:  Sellers Discretionary Cash
Seller Financing:  No

About The Business

Year Established:  2007
Number of Employees:  20 - 34
Relocatable:  No
Franchise:  No
Current Real Estate:  Leased
Property:  Property For Lease

About The Sale

Management Training and Support:  Owner will provide a sufficient training for an agreed upon period to make the transition into the business as seamless as possible.
Reason For Selling:  Looking for other opportunities




Print Listing Id: 700348721
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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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