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Texas Business For Sale |
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| UPSCALE CASUAL ITALIAN RESTAURANT-BAR |
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| Attn: Jeff Adam, PE, MCBC, FRC, CBB |
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| Arlington area, TX, USA |
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| Asking Price: |
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$120,000 USD USA Dollars |
| Business for Sale Industry: |
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Food & Beverage: Restaurants, Fast Food, Deli |
| Reason for Selling: |
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Owner has started/grown business and is ready for |
| Year Established: |
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2004 |
| # of Employees: |
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6 |
| Yearly Revenues: |
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$388,372 |
| Yearly Cash Flow: |
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$101,967 |
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Business for Sale Overview:
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Smoking Allowed at this Upscale Casual Italian Pizza, Pasta, Seafood, Veal & Full Liquor License - dine-in, takeout, delivery. Profitable. Seller to prove numbers to qualified experienced food operator. Sales have increased 15-20% each of last 3 years. 2 Price options: $200,000 with $75,000 down and seller will finance for 5 years Or $120,000 cash at closing.
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Property Features and Assets:
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Located on busy road with good access. Stand-alone 2,800 Square Feet building with ample parking. Long-term lease available $3,000 plus options. Adaptable to multiple concepts. Price includes Furniture, Fixtures & Equipment valued at $35,000 and Inventory $9,000. |
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Market Competition and Expansion:
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Many opportunities to grow: 1) develop existing outside patio, 2) add live music, 3) advertise late-night bar, 4) market takeout/catering, 5) market delivery service to local business and homes. This Area Is One Of The Few That Allows Smoking. Bar Business Can Be Greatly Expanded. |
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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 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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