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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Decade Long Established Gourmet Pizza Shop
(Restaurants)
Denton, Texas
Listed Price: $ 165,000
Listing ID: 001011

Listing DetailsDown Payment: $ 49,500
Gross Revenue: $ 515,975
Cash Flow: $ 65,196
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 gourmet pizza dine-in & delivery restaurant in Northwest Dallas is now available for acquisition. The business was established by the founder of this brand in 2010, and later in 2018, the current owner bought the business with his son to grow the business. 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 business is occupied in a 2,400 SF space of a retail strip center located in a prime location surrounded by numerous retail businesses and affluent residential neighborhoods. The customers are middle to upper-income individuals and students from the surrounding densely populated residential neighborhoods. There are few Italian restaurants and franchise pizza chains within the immediate market area, but this business has built up its solid customer base that has been accumulated in the last 10 years of operation by providing a strong and unique product line and exceptional customer service which has differentiated themselves from the competition. Annual average net sales of this business are around $40,000 to $45,000 for the last few years and have grown drastically over the last several years even with COVID-19 in 2020. 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: 2400
Facilities:

The business is occupied in a 3,000 SF space of a retail strip center located in a prime location surrounded by retail areas and affluent residential neighborhoods. All equipment is in great working condition.


OperationYear Established: 2010
Employees: 2FT/10PT
Absentee Owner: No