Broker Name:Stephen Lee
Broker Email:info01@v-aidgroup.com
Broker Phone:1-866-519-2421
Broker Address:2727 LBJ Freeway #775 Farmers Branch, TX 75234
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Renovated Highly Rated Pizza Shop with Facility Growth Option
(Restaurants)
Denton, Texas
Listed Price: $ 95,000
Listing ID: 000788

Listing DetailsDown Payment: $ 47,500
Gross Revenue: $ 287,707
Cash Flow: $ 63,012
FFE: (Included in Price)
Inventory: $ 3,000 (Included in Price)
Reason for Sale:

Other opportunities/Another location expansion


Training & Support:

Owner will provide a sufficient training for an agreed upon period to make the transition into the business as seamless as possible.


Listing SummaryBusiness Description:

Prime location authentic New Jersey style pizza shop place next to a major highway and university is available for acquisition. This business was first established in 2016 by the current owner of the business. Most of the customers are students living in the nearby university campus and mid-income families that live in the nearby densely populated residential neighborhoods. Due to the large amount of students that live nearby the area, student discounts can help immensely to grow the sales of the business as this method of marketing suits the area this business is located in. The Landlord can also provide the next door suite for expansion if needed to increase the amount of in-store customers this business can hold at a given time. Gross sales was $270,000/year that has steady grown each year of operation since inception as word of mouth about the quality of the product is spread throughout the local area. Competition can be expected for this type of business, but this pizza shop is known in the local area for providing large amount of toppings and quality hand tossed pizzas made fresh to order. Marketing is in place through 3rd party delivery service and social media, but various proactive marketing outlets needs to be utilized to maximize income potential and increase customer acquisition. Expanding the current marketing to increase the sales is necessary through methods such as direct mailing, website creation, student discounts, social media outlets, catering service, expanding 3rd party delivery services and online ordering system. Placing a modern POS system will also help the business flow much better and allow for this business to increase capacity of customers being handled at one time. Expanding the current operation hours will help the business increase sales immediately as this business is only open for six days a week. This business has everything in place for a potential buyer to proactively market the business while being fully involved in the day-to-day business operation.


Competition:

Best New Jersey / NY style Pizza in the area


Potential Growth:

Some marketing is done through social media and word of mouth, but other proactive marketing methods needs to be utilized to reach full potential of this business.


Financing/Terms:

100% down at the time of closing or 50% cash down with SBA financing for qualified buyers.


LocationSquare Footage: 1050
Facilities:

This business is located in a 1,050 SF space of a retail strip center that is fully furnished with almost brand new or well-maintained equipment.


OperationYear Established: 2016
Employees: 1FT/2PT
Absentee Owner: No