Pizzeria And Italian Restaurant - 80 Seats
Location Texas,United States
Asking Price Range < $250K
Gross Revenues $450000
Net Profit / Cash Flow $0
Cash Flow Type EBITDA
Seller Finance Not Disclosed
Year Established 1995
Number of Employees 6 - 9
Inventory 75000
Relocatable No
Number of Employees 6 - 9
Real Estate Leased
Training Yes.
Reason for Sale Retiring.
Description Located on a major road with 75,000 cars daily traffic. Inside a very large shopping center with hundreds of cars daily. Gross sales $450,000. Selling pizza and Italian foods + fast foods. 4 cooks. 80 seats seating in sections. Live music on weekends. This restaurant used to do $600,000 - $700,000 annually. The current owner since 2009 was new to the restaurant business and together with the economy downturn sales are down to $450,000. The restaurant needs an experience operator with fresh energy and marketing to get it back to $700,000. Owner is ready to retire and will sell at $150,000, ready to accept offers. This could be a good opportunity to an experience restauranteur.
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