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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Newly Established Gourmet Pizza Shop
(Restaurants)
Dallas, Texas
Listed Price: $ 180,000
Listing ID: 001012

Listing DetailsDown Payment: $ 54,000
Gross Revenue: $ 420,142
Cash Flow: $ 96,592
FFE: $ 75,000 (Included in Price)
Inventory: $ 3,000 (Included in Price)
Reason for Sale:

Other opportunities/Move out of the country


Training & Support:

The owner will provide sufficient training for an agreed-upon period to make the transition into the business as seamless as possible.


Listing SummaryBusiness Description:

Locally well-known and newly established gourmet pizza dine-in & delivery restaurant in Northeast Dallas is now available for acquisition. This business was established by the current owner in 2019. The business is occupied in a 1,590 SF space of a retail strip center in an open mall. This shopping center is anchored by many nationwide department stores, national retailers, all placed in a high traffic area between a cluster of major highways. 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 customers are middle to upper-income individuals and families as well as visitors to the shopping center. There is no direct competitor in the shopping center area, while there are few corporate pizza chains outside of the shopping center area. This gourmet pizza restaurant is by far superior to any other corporate pizza chains within the immediate market area in terms of high-quality products, services, facilities, and price points. Gross sales have been very consistently growing since its inception, even under COVID-19, and are currently running at $40,000 to $42,000 on a monthly basis. 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.


Competition:

Competition is expected in this industry, but this restaurant has a strong and unique product line far superior to any other corporate pizza restaurants in the area.


Potential Growth:

Some marketing is in place, but other proactive marketing methods need to be utilized to generate more revenue.


Financing/Terms:

100% down at the time of closing or 15% Cash Down with SBA Financing for Qualified Buyers with Industry Experience.


LocationSquare Footage: 1590
Facilities:

The business is occupied in a 1,590 SF space of a retail strip center in an open mall. All facility and equipment are brand new and excellent working order.


OperationYear Established: 2019
Employees: 2FT/8PT
Absentee Owner: No