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Texas Business For Sale |
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| DALLAS UPSCALE ITALIAN RESTAURANT |
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| Attn: Jeff Adam, PE, MCBC, FRC, CBB |
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| Dallas, TX, USA |
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| Asking Price: |
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$80,000 USD USA Dollars |
| Business for Sale Industry: |
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Food & Beverage: Restaurants, Fast Food, Deli |
Year Established: |
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2006 |
| # of Employees: |
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5 part time |
| Yearly Revenues: |
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$240,000 |
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Business for Sale Overview:
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Up-scale ethnic Italian restaurant serving lunch and dinner in a neighborhood location in Dallas, Texas. The business has a loyal following and is located in a residential area only two blocks from an active business center. The restaurant is also well-equipped for catering, which represents a significant business growth opportunity. Price: $80,000 - $40,000 down and seller will finance balance or $63,000 All-Cash Price. Price includes $1,000 inventory and FF&E (Furniture, Fixtures & Equipment) valued at $25,000. 2 weeks training included in price and seller is available to stay longer at mutually agreed compensation.
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Property Features and Assets:
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The 2,000 Square Feet corner space is in a strip center leased for $2,000 per month including NNN and CAM, with 36 months remaining. All equipment is owned except for the dishwasher line which is leased for $155 per month.
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Market Competition and Expansion:
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Two Asian restaurants are in the immediate vicinity. No Italian or upscale restaurants are within 1/2 mile. This is a strong location with excellent potential. A new owner can continue to grow the business in several ways: Promote catering Distribute menu flyers at local offices, businesses, schools, churches Add Patio service for Outside dining Add parking attendant Expand hours and open on Mondays.
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Additional Details:
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- The property is leased.
- The owner is willing to train/assist the new owner.
- The owner may be 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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