Turn Key Great Value – Upscale Gourmet Pizza Franchise

Richardson, TX (Dallas County)

This restaurant is in the perfect location right off the North Central Expressway and surrounded by area businesses and residential homes!
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Asking Price: $385,000

Cash Flow: N/A

Gross Revenue: $817,435

EBITDA: N/A

FF&E: $750,000

Inventory: N/A

Rent: $29,530,700 /Month

Established: 2008

Turn Key Great Value – Upscale Gourmet Pizza Franchise

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Business Description

Restaurant interior is beautifully maintained. All furnishings and fixtures are in excellent shape. You can’t beat this location-lots of area businesses and residential areas for delivery and catering!

Part of an established franchise chain based in Texas, this restaurant is a real gem! Located in Richardson, TX this long-standing pizza and Italian business has been a local staple for more than 10 years. Situated in a lifestyle retail center right off of the North Central Expressway and East Campbell Road, this site is highly-visible and convenient to local businesses and residents.

It gets better!

This location was currently revamped by the franchise corporate office and is up-to-date with current franchise specifications and equipment--leasehold improvements total $750K! The entire staff has been corporately trained and will stay at the location. The new owner will have the benefit of a vast network of local franchisees and the franchise home office support.

FACTS: Pizza in the Fast Casual Category*
- Pizza is the number one growing sector in the fast casual industry.
- World wide pizza is a $135B industry with the U.S. making up the largest share at $45.1B.
- Pizza chain stores AUVs out perform independent pizzerias, and are more successful.
- Top three as reasons North American’s use for choosing a restaurant were Reasonably - Priced Food (47%); Food Quality (30%); and Type of Cuisine (25%).
*The 2018 Pizza Power Report: A State-of-the-Industry Analysis, PMQ Magazine

Detailed Information

Real Estate:
Leased
Building SF:
2,900
Lease Expiration:
5/8/2023
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
Included in asking price--leasehold improvements total $750K!
Competition:
This location has been established in the Richardson area for more than 10 years and franchise locations in the Texas have been around for more than 20 years. You will enjoy the benefits of an established brand name with this business! Pizza is a competitive market, yet you will have several benefits of joining this franchise. There are four revenue streams with this business: catering, delivery, dine-in and take-out. This chain caters to a higher household income demographic with fresh, gourmet New York style pizzas and handcrafted Italian food.
Growth & Expansion:
There is room to grow with this business and this franchise! This is a perfect, turn-key location if you are looking to open a restaurant in the north Dallas area.
Support & Training:
4 - 6 weeks of home office and onsite training, corporate home office based in Houston.
Franchise:
This business is an established franchise
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Business Listed By:
Anthony Russo

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