Business For Sale

Freestanding Authentic Italian and NY Style Pizza

Not Disclosed, TX
Tarrant County

West Dallas


Asking Price: Annual Revenue:
$299,000 $620,000

Food & Beverage: Miscellaneous


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RE: Freestanding Authentic Italian and NY Style Pizza Broker: Kevin Chung

Quick Facts

Asking Price: $299,000
Annual Revenue: $620,000
Net Profit: Not Disclosed
Cash Flow: $130,000
Total Debt: Not Disclosed
FF&E: $80,000
Real Estate: Not Disclosed
Year Established: 1996
Employees: 12
BBN Listing #: 274519188
Broker Reference #: 000671

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Business Overview:

Authentic Italian food and NY-style pizza restaurant located in a prime freestanding building with ample parking space is available for acquisition. This business was originally established over two decades ago in 1996 by the current owner of the business. Most of the customers that visit during lunch hours are major corporate employees nearby, including from Lockheed Martin, GM, and Bell Helicopters, and others and during dinner time is teacher faculty as well as families from the nearby densely populated residential neighborhoods. Net sales average was $580,000/year that has been consistent over the last decade with a slight increase due to renovating the business and word of mouth. Although there is no marketing currently in place, other forms of proactive marketing is needed for this business to generate more cash flow and acquire new customers that doesn't know this two decade long business. Competition can be expected for this very popular industry, but there are no true competitors within the immediate market area except fast food pizza places that serve mediocre products. There are many ways to proactively market this business such as direct mailing, catering, hiring more deliver drivers and utilizing all third party delivery service, utilizing liquor license to sell alcohol during happy hours, large signage, social media outlets and full-time owner involvement. Currently, 1,000 Square Feet space upstairs is being used as storage and not being fully utilized as dining area and liquor license is not being fully utilized as well due to absence of a full bar. By remodeling and renovating, overall sales could be significantly increased by utilizing the extra dining area and alcohol sales. Full-time owner involvement is crucial to the further growth of this business as the owner will be able to cut on payroll expenses and fully focus on bringing the quality of the business to a higher degree. This business has everything in place for a potential buyer to proactively market this business while being fully involved in the day-to-day business operations.

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Property Features and Assets:

This business is located in a 2,800 Square Feet freestanding building that with ample parking space near multiple major corporations and heavily surrounded by single homes and apartments.1,000 Square Feet upstairs is being used as storage and could be turned into extra dining area or private room with renovation. / Inventory: $5,000 (Not Included in listed price).

Market Competition and Expansion:

Competition: There is no true competitor within the immediate market area of this business. / Growth and Expansion: There is no marketing done other than word of mouth that is utilized at the current time. Technical school has opened late 2017 and is now fully enrolled and has had positive effect in overall sales. Needs to hire extra drivers to deliver further distance and also use UBER Eats to fully utilize all third party deliveries.

Reason for Selling:

Relocation / Retirement.

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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