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Well Established Itailian Restaurant
Location Texas,United States
Asking Price Range $250K - $500K
Gross Revenues $672685
Net Profit / Cash Flow $177713
Cash Flow Type Sellers Discretionary Cash
Seller Finance No
Year Established 2000
Number of Employees 10 - 19
Relocatable No
Number of Employees 10 - 19
Real Estate Leased
Training Seller will provide adequate training to new owner for smooth transition.
Reason for Sale Other opportunities.
Description Well-established Italian restaurant in N. Dallas with a strong and loyal customer base is now available for acquisition. This gorgeous and authentic Italian restaurant is occupied in a 2,500 SF of busy retail shopping center located in a busy intersection of N. Dallas. Surprisingly, in this downward economy, sales of the restaurant have continued to grow every year ever since the end of 2008. The menu includes authentic Italian dishes from Italian subs, homemade pastas and pizzas, chicken entrees, veal entrees, and the house specialty dishes. More than 90% of all customers consist of regular customers, the base of which is consistently growing every year. Cozy interior and family atmosphere of the restaurant offers a comfortable dine-in experience to its guests. This is a great opportunity to acquire a fully established Italian restaurant that is continually growing every year.
Asking: $295,000
Furniture, Fixtures & Equipment: $50,000 (Included in listed price)
Inventory: $3,000 (Included in listed price)
Financing: Third party financing is available with 30% cash down.
Facilities: Occupied in a 2,500 SF of retail shopping center that is located on a busy intersection of N. Dallas. One of the largest grocery chains is found right across the street. All equipments are immaculately maintained.
Competition: Two direct and indirect competitions exist within 3 miles, but the sales of this restaurant have never been affected by these competitors. Rather, the restaurant has continued to grow over last 3 years.
Growth And Expansion: Sales are growing every year. Executing a consistent marketing is needed to keep up with the rate of the current growth.
Primary Phone: 972-247-3202 or 866-519-2421
Click Here To Contact Seller
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