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Texas Business For Sale

 

ARLINGTON PIZZA, PASTA & SUBS - DINE-IN, DELIVERY


Attn: Jeff Adam, PE, MCBC, FRC, CBB
Arlington, TX, USA
Listing Number: "17114 Pizza Pasta1"
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Asking Price: $60,000 USD USA Dollars
Business for Sale Industry: Food & Beverage: Restaurants, Fast Food, Deli
Reason for Selling: Absentee owner.
Year Established: 2006
# of Employees: 3
Yearly Revenues: $250,000
Yearly Cash Flow: $65,000



Business for Sale Overview:
Pizza, Pasta & Subs - dine-in, takeout, delivery. Profitable, seller-financed restaurant. Current sales are approximately $5,000 - $6,000 per week and are increasing weekly. Net sales for 2007 were about $225,000; The owner expects to top $300,000 with minimal effort in 2008. Seller reports that 50-60% is cash and balance credit cards. Seller to prove numbers to qualified, EXPERIENCED food operator. 2 Price options: (A) $90,000 with $45,000 down, seller will finance for 2-5 years or (B) $70,000 cash at closing. Don't wait! Easy to operate! Business can double by marketing to local schools, businesses, office buildings, college. Highly visible corner cap on the east side of major retail center. Major activity generators within the immediate area include: grocery Store, several churches & schools, Blockbuster Video & Starbucks, Shopping Center, Residential Neighborhoods, professional/office complexes. The restaurant seats 40 with room to expand. This is a strong location with excellent potential. A new owner can continue to grow the business in several ways: 1) Print and distribute menus to residences – owner started this on January 12th and saw a IMMEDIATE increase in business, 2) Add window advertising, 3) Offer sponsorships at lcoal High School, 4) Contact local businesses and get their weekly pizza orders, 4) Hand out menu flyers at local offices, businesses, schools, churches, 5) Add ‘pizza and pasta’ to outdoor channel letters on building, 6) Add vending machines/games.

Property Features and Assets:
located at high traffic intersection near Blockbuster and anchored by major grocery store. 1,200 Sq. Ft. with long-term lease. 4 years left on 5 yr lease $2133 incl NNN + options. The absentee owner relies on his manager to run the business.



Additional Details:
  • The property is leased.
  • 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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