12 Year Established Italian Restaurant #000232

Parker County, TX

12 Year Established Italian Restaurant #000232

Asking Price:$125,000

Cash Flow:$78,000

Gross Revenue:$405,000

EBITDA:N/A

FF&E:$70,000

Inventory:$3,000

Established:2003

12 Year Established Italian Restaurant #000232

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Business Description

Located in the hub of W. Fort Worth, this casual Italian Restaurant is now available for acquisition. Established in 2003 by the current owner, the 12 years of business has given this location a great foundation in sales and customer base with a very cozy interior with multiple booth chairs, sizable kitchen with full of restaurant equipment.. Only one direct competitor 4 miles away, but while there's other pizza chains around the area (Pizza Hut, Domino's, Papa Johns) they're not direct competitors to this business and the establishment of this building in 2003 to the current build-up in the present holds no issues to the sales. With such a great build-up of loyal customers over the many years of operation the sales of the business is very steady and growing. Profiting at minimum $6,000/month and making gross sales of $32,000-$38,000/month. Provided with quality products from vendors such as Lisanti and Farmers Market the cost of goods is only 22-24% of gross sales. The marketing currently is non-existent except word of mouth, but proactive marketing is necessary to greatly boost the sales of this business. As the city the current business is located in is growing every year, the use of delivery can be very beneficial for the sales of this restaurant. This restaurant brings an array of options to choose from in their food products such as appetizers, salads, pasta, subs, hand crafted brick oven pizzas, desserts, and a variety of different wines to suit your pallet. This is a great time to acquire this steadily growing Italian restaurant in the hub of West of Fort Worth.
For more info, please call Moon Kim at 1-866-519-2421.

Detailed Information

Inventory:
Included in asking price
Employees:
3FT/4PT
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
This location has a very cozy interior w/multiple booth chairs, sizable kitchen w/ full of restaurant equipment.
Competition:
Only one direct competitor 4 miles away, but while there's other pizza chains around the area (Pizza Hut, Domino's, Papa Johns) they're not direct competitors to this business.
Growth & Expansion:
The city this location in currently in is growing in population every year. While there's no marketing at the current moment, proactive marketing will be necessary for a boost in sales. Providing delivery services will add more to the current sales and increase the customer base in a wider area.
Financing:
100% cash down at the time of closing.
Support & Training:
Owner will provide training and support for a smooth transition into the restaurant.
Reason for Selling:
Other Opportunities.

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V-AID Group, Inc.

Business Listed By:
V-AID Group, Inc.

V-AID Group, Inc.

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Memberships & Certifications:
Indicates membership in the International Business Brokers Association (IBBA). The IBBA is the only certifying organization for Business Brokers and Intermediaries who assists people in buying or selling a business. Indicates membership in the M&A Source. The M&A Source is comprised of highly trained Intermediaries who advise on the preparation, sale and/or purchase of middle market (~$2M+ in revenue) business opportunities. Certified Business Intermediary (CBI) is a professional certification awarded to Business Brokers and Intermediaries that have achieved stringent requirements. CBI's work by an ethical code of conduct when working with business owners and buyers.

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