Casual Gourmet Pizza Cafe

Not Disclosed, TX
Collin County

Far North Dallas

Asking Price: Annual Revenue:
$309,000 $686,211

Food & Beverage: Miscellaneous

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RE: Casual Gourmet Pizza Cafe Broker: Moon Kim

Quick Facts

Asking Price: $309,000
Annual Revenue: $686,211
Net Profit: Not Disclosed
Cash Flow: $156,821
Total Debt: Not Disclosed
FF&E: $100,000
Real Estate: Not Disclosed
Year Established: 2013
Employees: 12
BBN Listing #: 939819188
Broker Reference #: 000979

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Business Overview:

Prime location gourmet pizza restaurant located in a high-end growing city in North Dallas serving high-quality products is available for acquisition. This business was established in 2013 by the previous owner from scratch and was completely renovated in May 2019 since the current owner acquired this business. This business is occupied in a 2,222 square feet space of premier retail strip center which features gorgeous build-outs with a sophisticated interior that is conveniently located just off the major road of this fast-growing city and is surrounded by densely populated residential neighborhoods. Most of the customers are upper-class business people in the local area during lunch hours and families during dinner hours that live in the surrounding high-end densely populated residential neighborhoods. Few competitors are within the immediate market area, but this business has built up its own solid customer base that has been accumulated in the last 7 years of operation by providing a strong and unique product line and exceptional customer service which has differentiated themselves from the competition. This gourmet pizza restaurant offers a fine, variety of quality handcrafted pizzas, oven-baked pasta, hot & cold sandwiches, salads, appetizers, and desserts that is far superior to any other pizza restaurants in the area in terms of high-quality products and services. Gross sales have been $50,000 to 60,000 per month in 2019 without proactive marketing. Currently, minimal to none marketing is in place, and proactive marketing methods such as social media outlets, email marketing, web-based advertisements, direct mailing, daily special, and 3rd party delivery services are needed to be fully utilized to achieve maximum income potential. Marketing efforts on increasing catering business to corporate offices and headquarters, medical offices, car dealership, and churches nearby can also greatly improve the sales as catering business still remains under-served. Since this business has run as an owner absentee, owner involvement is absolutely needed to enhance the operation of the business this business in terms of the quality of customer services provided and help cutting unnecessary payroll expenses that was allocated to management salary by delegating tasks to the non-management team. This gourmet pizzeria has a great potential because the city where the business is located still has a plenty of rooms to grow and has a good demographic with a large amount of disposable income which can be resulted in additional revenues by undertaking proactive marketing. This is a great opportunity to acquire a well-established high volume gourmet pizzeria for a potential buyer who is willing to be more hands-on in the day to day operation and marketing to reach out to untapped areas of the city.

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Property Features and Assets:

This business is located in a 2,222 Square Feet of an end-cap space in retail strip center that is placed right beside a major road that brings immense traffic throughout the day. The business has been gorgeously built out with upscale furniture and materials and uniquely branded with a high-end image. / Inventory: $2,500 (Included in listed price).

Market Competition and Expansion:

Competition: Competition is expected in this industry, but the restaurant has accumulated a solid repeat customer base for the past 7 years of operation due to its strong product line and personalized service. Growth and Expansion: Minimal marketing is done and proactive marketing methods are needed to fully utilize to achieve maximum income potential.

Reason for Selling:

Other Opportunities.

Additional Details:

  • The property is leased.
  • The owner is willing to train/assist the new owner.
  • This is not a homebased business opportunity.
  • This is not a franchise resale opportunity.

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