Fast Growing Prime Location Casual Pizza Cafe 001146
Fast growing casual gourmet pizza cafe located in Denton county has been listed for your acquisition. Located right next to a well-known, nationwide grocery chain and surrounded by luxurious apartment complex and other national retailers, this establishment is a shining example that the best foundation for nourishing a healthy customer base is location. This 2, 400 SF gourmet pizzeria is nestled between affluent neighborhoods, highly concentrated residential areas, and strong retail market. Directly across the street from this business is a luxurious apartment that houses hundreds of residences. The customer base is predominantly upper-middle-class Caucasian families peppered with other minorities with similar social standings. Financial trends also have a promising trajectory. 2020's gross monthly average revenue was around $60,000 a month, with annual revenue of $720,000. Fast forward to 2021, and the annual revenue was around $920,000. 76% of all revenue has consisted of delivery and carry-out orders, showing that even amongst the pandemic, sales have been favorable. Due to the increase of pick up orders, less in-house staff is needed to maintain the operation of the business. The exterior and interior are well-groomed and maintain an air of comfortable refinement. The restaurant features a covered outdoor patio which can accommodate up to 15 guests. All major equipment in kitchen is in excellent condition. This restaurant's flagship dish is its specialty pizzas; it also serves pasta, desserts, salads, wings, and sandwiches. Serving variations of high-quality dishes other than pizza is the x-factor that distinguishes this pizzeria from its immediate competitors. With all the good things that can be said about this establishment, there will always be room for improvement. The new owner can apply for a TABC liquor license to take advantage of the current vacancy in the alcoholic beverage industry and have an immediate effect on the generation of new sources of revenue. Proactive advertising to capitalize on the surrounding residential hubs could have a quick and direct impact on sales. The current owner have done some door-to-door advertisement in neighborhoods which has turned out to be highly effective. Event catering to churches or offices is the area that can be promoted to boost revenues.
The owner will provide sufficient training for an agreed-upon period to make the transition into the business as seamless as possible.
This establishment is located in a 2,400 SF retail strip center in Denton county.
Other delivery pizza chains are within the immediate market area but fail to meet the quality of this establishment.
More pro-active marketing is necessary in order to grow further from here. Catering is an huge opportunity which still remains untapped by current owner.
100% down at the time of closing or 30% Cash Down with SBA Financing for Qualified Buyers with Industry Experience.