20 Year Est. Italian Pizza & Pasta with Real Estate #000272

Grayson County, TX

20 Year Est. Italian Pizza & Pasta with Real Estate #000272

Asking Price:$450,000

Cash Flow:$75,000

Gross Revenue:$395,000

EBITDA:N/A

FF&E:$40,000

Inventory:$5,000

Real Estate:$300,000

Established:1996

20 Year Est. Italian Pizza & Pasta with Real Estate #000272

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Business Description

Italian pizza & pasta restaurant in Far North Dallas including real estate and housing area for employees is available for acquisition. The business was established in 1996 by the current owner and in 2013 the building was leased by the owner. Customer base has been built during the almost 20 years of operation and now currently has a strong foundation of loyal/repeat customers. Most of the customers that visit this location consist of local residence in the area, employees of other businesses, and individuals from other nearby cities. Few similar business competitors lie within the immediate market area, but can't compete with this operation's quality food menu. No marketing is currently taking place at the operation, but proactive local marketing will help increase overall sales. Marketing such as Valpak, delivery system, local magazines, and local community involvement will further increase people’s recognition of the operation. Business is 2,441 SF and the real property housing is 1890 SF with a total of 13,950 SF including all the land size. Employees currently live in the housing area which can be used by the next owner of the business. This business is provided with high quality ingredients from one of the most renowned Italian food supplier (Roma) and has perfected recipes made from the provider's products. The location of the business is optimal for future increased sales since it's located in a very fast-growing populated area with large demand for good products. With these quality ingredients this restaurants provides an array of appetizers, pizzas, oven-baked pastas, subs, salads, desserts, and specialties made by the chef. This is the prime time to acquire this real property pizza restaurant in one of the fastest growing populated area in the surrounding city.
For more info, please call Moon Kim at 1-866-519-2421.

Detailed Information

Inventory:
Included in asking price
Real Estate:
Owned
Included in asking price
Building Sq. Ft.:
N/A
Employees:
3FT
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
Equipment is in fantastic condition and maintained by the employees of this operation. Stand-alone business and 2-story housing which employees current reside in.
Competition:
Three similar competitors are within the immediate market area of this business, but this operation is currently well-known in the area as the best quality pizza.
Growth & Expansion:
No marketing is currently done at this business, but local marketing such as Valpak and local magazine.
Financing:
100% down at the time of closing or 50% cash down with SBA Financing for qualified bu
Support & Training:
Owner will provide training during a 3-week period for a smooth transition to the operation.
Reason for Selling:
Lack of time to invest into business since the current owner owns 2 other restau

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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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