6 Day a Week Fine Dining Italian Restaurant #000334

Kaufman, TX (Kaufman County)

6 Day a Week Fine Dining Italian Restaurant #000334

Asking Price:$225,000

Cash Flow:$60,000

Gross Revenue:$701,229

EBITDA:N/A

FF&E:$100,000

Inventory:$3,000*

Rate/Sq. Ft.:N/A

Established:1998

*not included in asking price.

6 Day a Week Fine Dining Italian Restaurant #000334

Get Financing Save Print Share Valuation Report

Business Description

Prime location Italian Restaurant in Southeast Dallas with high end interior and upscale dining is available for acquisition. Established in 1998 and was later acquired by the current owner of the business in 2010. In 2015, the business was relocated across the street to a more visible and optimal shopping center. Although a pizza chain is located in the immediate market area, this doesn't affect the sales due to the pizza chain not being a true competitor that sells upscale Italian cuisine within the local area. The bulk of the customer base consists of individuals from the nearby neighborhoods and from local businesses near this operation. Sales after relocation average around $40,000 - $45,000/month which can easily be increased after proactive marketing. Recently delivery service was added to further improve the sales from their current marketing through door hangers and social media. Within the facility there's a fully operational bar that isn't currently being used that could potentially drastically increase the sales. Weekly special could prove to be extremely beneficial by diversifying the current customer base with a new crowd of younger individuals. Products provided from their menu consists of appetizers, soups, salads, baked pastas, chicken, veal, seafood, calzones, subs, different types of pizzas, and desserts. Once the various methods of marketing in the local area is in place, this Prime location Italian restaurant should see a huge increase in sales and change in demographics to the current customer base.
For more info, please call Emilio Marin at 1-866-519-2421.

Detailed Information

Inventory:
Not included in asking price
Real Estate:
Leased
Building Sq. Ft.:
N/A
Lease Expiration:
N/A
Employees:
3FT/5PT
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
Located in a (number) SF retail strip center in Southeast Dallas with recently updated High end interior design. All equipment is in impeccable condition and in working order.
Competition:
There's a pizza chain within the immediate market area, but the pizza chain doesn't affect sales since it is not a true competitor that sells Italian cuisine is within the area.
Growth & Expansion:
Local marketing is done through door hangers and chambers of commerce to promote this business. Proactive marketing will drastically increase the sales after it reaches target audience.
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 4 week period for a smooth transition into the business.
Reason for Selling:
Other Opportunities.

Listing Statistics for Premium Members

Ad#:1300453 Report an issue with this listing

The information in this listing has been provided by the business seller or representative stated above. BizBuySell has no stake in the sale of this business, has not independently verified any of the information about the business, and assumes no responsibility for its accuracy or completeness.
Read BizBuySell's terms & conditions before responding to any ad.

Contact the Seller

(from currently available funds)
 
Sign up for the BuyerNewsletter.
Learn to use your IRA/401K to buy a business: Guidant Financial (min. $50K needed in IRA/401K)
Contact Seller Loading

V-AID Group, Inc.

Business Listed By:
V-AID Group, Inc.

www.v-aidgroup.com

Show Phone Number

View My Listings

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.

Find out more...

Get more details about this business.


Similar Listings


Rich Farm Ice Cream

Franchise Opportunity In TX
Capital Required: $150,500