Prime location Italian Restaurant perfect for Small Family

Dallas, TX (Dallas County)

Prime location Italian Restaurant perfect for Small Family
Contact Seller

Asking Price: $99,000

Cash Flow: $40,000

Gross Revenue: $400,000

EBITDA: N/A

FF&E: $60,000

Inventory: $3,500

Established: 2003

Prime location Italian Restaurant perfect for Small Family

Save Print Share Valuation Report

Business Description

Authentic Italian restaurant in North Dallas with a strong customer base that has been built for over 15 years of operation is available for acquisition. The business was originally established over a decade ago in 2003 and was later acquired by the current owner of the business in 2018. Located in a 2,742 SF space of a retail strip center, this business is anchored by a nationwide grocery chain and is surrounded by many densely populated residential areas. Quite a few competitors were found in the immediate market area, but this business has long been established in the area for over 15 years accumulating a loyal customer base with their strong menu items that has a competitive price point compared to the other competitors. Majority of the customers are local families and individuals coming from the surrounding neighborhoods as well as the retail businesses next to the business. The nationwide grocery chain in the same strip center also provides a steady rate of customers to the area unlike other retail strips nearby the business. All customers whether new or regular form a well-mix of all generations of individuals and families from the nearby neighborhoods. The most recent gross sales of this full-service Italian restaurant has been running at around $33,000/month without any marketing done locally or online. Proactive marketing is crucial to the further growth of this business as there are many untapped areas that has yet to be fully utilized to generate more cash flow and customer acquisition. There are many ways to proactively market this business such as direct mailing, social media outlets, delivery service, 3rd party delivery service, door hangers, cocktails, mixed drinks and utilization of a TABC license to sell alcohol. This fully-equipped Italian restaurant just installed a brand new pizza prep table made of high quality materials and other equipment that is top-of-line within the industry. Their menu consists of various appetizers, salads, soups, pasta entrees with a choice of protein, NY-style pizza, hot subs, cold sandwiches, calzones, and desserts. This business is well suitable for those who want to run this business as a small family business, and a potential buyer should be able to realize the growth by getting more involved in the day-to-day business operation and conducting pro-active marketing.

Listing ID #000860
For more info, please call Stephen Lee at 1-866-519-2421.

Detailed Information

Location:
Dallas, TX
Inventory:
Included in asking price
Employees:
3FT/3PT
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
This business is located in a 2,742 SF retail shopping center anchored by a nationwide grocery store including a fully equipped kitchen utilizing all necessary space. All equipment is in impeccable condition and in working order including a new pizza prep table.
Competition:
Several competitors are within the immediate market area which is unavoidable for this particular industry, but the strong products of this Italian restaurant along with their strong relation with the community are a huge competitive advantage.
Growth & Expansion:
No marketing is done other than online marketing through 3rd party delivery services and word of mouth. Proactive marketing is needed in the local area to truly increase sales.
Financing:
100% down at the time of closing or 50% Cash Down with SBA Financing for Qualified Bu
Support & Training:
The owner of the business will provide the necessary training needed to smoothly transition into the business operation.
Reason for Selling:
Other Opportunities
Contact Seller

Contact the Seller

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. Merger and Acquisition Master Intermediary (M&AMI) is a professional certification awarded to Intermediaries who've achieve very stringent educational and professional requirements. M&AMI's agree to abide by an ethical code of conduct when working with business owners and buyers. The TABB Certified Business Broker certification distinguishes its holder as a seasoned professional who has a solid educational background, proven accomplishments in completing deals, and an active membership in the TABB.

Listing Statistics

Unlock

Demographic Information

Unlock


Ad#:1656926 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 of Use before responding to any ad.


Similar Listings


Checkers Drive In Restaurants, Inc.

Franchise Opportunity In TX
Capital Required: $203,600