Broker Name:Moon Kim
Broker Email:info@v-aidgroup.com
Broker Phone:1-866-519-2421
Broker Address:2727 LBJ Freeway #775 Farmers Branch, TX 75234
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Gorgeously-built Gourmet Pizza Dine-in Restaurant
(Restaurants)
Collin, Texas
Listed Price: $ 99,000
Listing ID: 000537

Listing DetailsDown Payment: $ 99,000
Gross Revenue: $ 330,000
FFE: $ 75,000 (Included in Price)
Inventory: $ 3,000 (Included in Price)
Reason for Sale:

Other Opportunities


Training & Support:

The owner of the business will provide the necessary training needed to smoothly transition into the business operation.


Listing SummaryBusiness Description:

Prime location gourmet pizza joint placed in an area where many people have large amounts of disposable income in Northeast Dallas is available for acquisition. Sale price includes all assets but the business name of the restaurant. This business was originally established by the current owner of the business in 2017. Competition is expected for this business industry, 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 customers are middle-income Caucasian individuals from the surrounding densely populated residential neighborhoods and nearby oncoming traffic for the highway. While no proactive marketing is in place, the sheer quality of the menu items at this business has attracted many individuals far and wide compared to the local corporate chains. There are many ways to proactively market this business such as direct mailing, weekly deals, coupons, social media outlets, magazine ADs and hiring additional staff. Right next door, a nationwide grocery chain anchors this business and brings immense traffic which can be utilized to increase sales as well as acquisition of untapped customers. 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. This business has everything in place for a potential buyer to be proactively marketing this business while being fully involved in the day-to-day operations.


Competition:

Few competitors are within the immediate market area, but all corporate chains and local competitors lack in unique menu items made with quality products that this business is known to excel at.


Potential Growth:

There's no marketing in place at the current time, but proactive marketing campaign is necessary if this business is to generate more cash flow and acquire untapped customers.


Financing/Terms:

100% down at time of closing or 50% Cash Down with SBA Financing for Qualified Buyers with Industry Experience.


LocationSquare Footage: 1800
Facilities:

This business is located in a 1,800 SF retail strip center that is placed in an area with densely packed traffic at all times of the day due to the nearby highway and numerous retail businesses that attract many locals. All equipment is in impeccable condition and in working order.


OperationYear Established: 2017
Employees: 2FT/8PT
Absentee Owner: Yes