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Texas Business For Sale

 

ARLINGTON PIZZA, PASTA UTA CAMPUS MUST SELL


Attn: Jeff Adam, PE, MCBC, FRC, CBB
Muscaneres Pizza - Arlington
Arlington, TX, USA
Listing Number: "17778"
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Asking Price: $49,000 USD USA Dollars
Business for Sale Industry: Food & Beverage: Restaurants, Fast Food, Deli
Reason for Selling: focusing on another business
Year Established: 2007
# of Employees: 3-6
Yearly Revenues: $300,000
Yearly Cash Flow: $50,000



Business for Sale Overview:
Currently operates as a quick casual pizza, pasta, subs and chicken restaurant serving lunch and dinner in Arlington, Texas. Located immediately adjacent to the UT-Arlington campus, the site offers dine-in, take-out, delivery and catering. A new catering truck with refrigeration & heated storage operates delivery routes to area businesses and construction sites. (Catering Truck is available for $32k or assume balance of GMAC Loan.) The business has a loyal following and there is plenty of opportunity to grow this business. Students are out for the summer and sales are slow ... BUT that all changes when they begin arriving Aug 19th and sales shoot through the roof! The business is located in the center of Arlington near major banking business centers, attorney s offices, UT-Arlington, City of Arlington Municipal offices and Main Library. The absentee seller nets $3-4,000/month AFTER paying manager or $6,000-7,000/month or $70,000-80,000 per year (based on an owner-operator replacing the manager). The asking price for the business is $49,000 ALL CASH including inventory at cost of $3,000 and FFE (Furniture, Fixtures & Equipment) valued at $50,000. The seller is OPEN to all offers -- MUST SELL NOW!

Property Features and Assets:
The 1,300 Square Feet stand-alone building on approximately ½ acre is leased for $1,500 per month including NNN. The 6 year lease started January 2007 and the landlord is willing to offer a long-term lease to a new tenant. The lease calls for $150 per month increase in months 41 to 60.

Market Competition and Expansion:
Growth/Expansion: This is a strong location with excellent potential. A new owner can continue to grow the business in several ways: -Print and distribute menus to businesses & residences -Direct mail surrounding neighborhoods using mail list -Promote Call ahead or Fax-in ordering for Chase or Southwest Securities Banks -Promote and offer sponsorships at UT-Arlington (1/3 mile west) -Distribute menu flyers at local offices, businesses, schools, churches -Add vending machines/games -offer bring your own beer/wine for on-site consumption


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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