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Texas Business For Sale

 

PIZZA RESTAURANT FOR SALE


Attn: Robert (Bob) Dale
Not Disclosed, TX, USA
Listing Number: "1040"
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Asking Price: $259,000 USD USA Dollars
Business for Sale Industry: Food & Beverage: Restaurants, Fast Food, Deli
Reason for Selling: Owner wishes to pursue other business interests
Year Established: 1982
# of Employees: 30 PT
Yearly Revenues: $714,598
Yearly Cash Flow: $87,114



Business for Sale Overview:
This independent pizza restaurant has been operating at the same location for over 20 years. It is conveniently located in the heart of one of the fastest growing towns in Central Texas. It is a popular destination for students, professionals, and families. It offers seating for 60 diners, and has a large delivery and pick-up operation. Sales are on track to grow about 10% this year. This is a turn-key opportunity, with all equipment, furniture, and recipes included in the sale.

Property Features and Assets:
2,400 square feet -- seating for 60 diners -- $2,500 per month triple net. The seller owns the building and will provide a long-term lease at market rates. Seller will also provide a remodeling allowance to buyer. There is adequate parking in the area. All kitchen equipment, including the pizza oven, are in good working order. Refrigeration equipment was replaced within the past 12 months.

Market Competition and Expansion:
Over 130,000 people live within a few miles of the restaurant. People from all over the area come to this restaurant to have an enjoyable, inexpensive dining experience. There are nine competitors in the area. Five of them are members of franchise chains. Two others are primarily take-out and delivery operations and not dine-in restaurants. Two others are new businesses.


Additional Details:
  • The property is owned.
  • The owner is willing to train/assist the new owner.
  • The owner is not willing to work for the new owner.
  • This is not a homebased business opportunity.
  • This is not a franchise opportunity.
  • This is not a distressed business or bankruptcy situation.

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