Business For Sale

Business Overview:

MegaBite Restaurant Brokers LLC offers, for your ownership consideration, a quick service Italian restaurant in a free-standing building with drive through in Texarkana, Arkansas. Well-established, it offers delicious, pizza, pasta and Italian dishes serving the local Texas and Arkansas community. The restaurant has established a strong reputation for quality and service. The operating owner lives in Fort Worth, Texas and is tired of the separation from his family. The business is located in Texarkana, Arkansas, on the border between Texas and Arkansas. The city population is approximately 37,000 in Texas and approximately 30,000 in Arkansas for a community of approximately 67,000. The asking price for the assets of the business is $300,000 ALL-CASH or $385,000 with $250,000 down and $135,000 owner finance for 5 years at 6% (approximately $2,610 per month). The assets include inventory at cost of $4,000 and FF&E (Furniture, Fixtures and Equipment) valued at $50,000. Purchaser will need to assume a dishwasher lease approximately $84 per month and ice machine lease approximately $148 per month.

For more information regarding this listing please contact us by completing the "Contact the Seller" form to the left. We look forward to hearing from you.

Property Features and Assets:

The building consists of approximately 3,500 Square Feet free-standing building with drive through leased for $4,500 per month. The space seats 110 and has a large seating area, front counter, two bathrooms, office, prep area, large walk in cooler and a well-equipped cooking line.

Market Competition and Expansion:

This is a strong location with excellent potential. A new owner can continue to grow the business and profits in several ways: 1) Work with schools, 2) Expand business with International paper, 3) Expand catering, 4) Do more promotion, 5) Expand takeout, 6) Expand use of delivery

Reason for Selling:

Travel

Additional Details: