Gourmet Pizza Cafe & Delivery #000307

Denton County, TX

Gourmet Pizza Cafe & Delivery #000307

Asking Price:$375,000

Cash Flow:$140,363

Gross Revenue:$552,704

EBITDA:N/A

FF&E:$75,000

Inventory:$3,000

Established:2010

Gourmet Pizza Cafe & Delivery #000307

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Business Description

Casual pizza cafe in the epicenter of a large and fast growing city is now available for acquisition. Established in 2010 by the previous owner of business and was later acquired by the current owner in 2015. No competition in the immediate market area, but there's some fast food pizza restaurants that serve a different audience than this gourmet pizza restaurant. Since the establishment in 2010, customer base has been built strong consisting of many workers nearby, families, young adults, and the elderly who come during lunch time. Sales trend shows a $11,000 - $13,000/week in gross sales which can be grown through proactive marketing in the local area. Online marketing is currently done through many social media outlets such as Facebook, Yelp, Twitter, and Google. Construction is being done in the nearby area due to population increase and once completed should increase dine-in customers. Local marketing is done by newspaper and fundraising/donations which lets local individuals gain knowledge of this gourmet pizza restaurant. All products in this restaurant was made to have a strong mix to provide individuals a great experience such as gourmet pizzas, pastas, salads, calzones, and sandwiches which are made of all high quality ingredients. Acquisition of this business is a priority as this business is in the progress of producing a larger scale of customers and well as cash flow.
For more info, please call Moon Kim at 1-866-519-2421.

Detailed Information

Inventory:
Included in asking price
Employees:
2FT/7PT
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
This facility is located in an end cap space with a large patio where construction is currently in place due to increase of population in the area. Once construction is complete, more dine-in customers are expected. All equipment is in impeccable condition.
Competition:
No direct competitors are within the area that provides gourmet pizzas, but fast food pizzas are still in the area whose concept is aimed towards a different group of customers.
Growth & Expansion:
Increase in population has created many new construction sites to accommodate the growing population. Local marketing will be needed to further grow the business as only online marketing is done.
Financing:
100% down at the time of closing or 50% cash down with SBA Financing for Qualified Bu
Support & Training:
Owner will provide a training period of 2 - 4 weeks to smooth out the transitioning process.
Reason for Selling:
Family Concerns.

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V-AID Group, Inc.

Business Listed By:
V-AID Group, Inc.

www.v-aidgroup.com

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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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