Italian Franchise in NW Houston Below Asset Value

Houston, TX
Harris County


Asking Price: Annual Revenue:
$150,000 $582,923

Food & Beverage: Restaurants, Fast Food, Deli


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RE: Italian Franchise in NW Houston Below Asset Value Broker: Ron Hankamer
Owner Financing is Available!
50000.00

Quick Facts

Asking Price: $150,000
Annual Revenue: $582,923
Net Profit: Not Disclosed
Cash Flow: $51,457
Total Debt: Not Disclosed
FF&E: $161,000
Real Estate: Not Disclosed
Year Established: 2015
Employees: 13
BBN Listing #: 316744107
Broker Reference #: 76931-172976

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Business Overview:

Well-known brand. Multiple revenue sources: dine-in, delivery, take-out, and catering. Revenues in 2020 were $580K, $775K in 2019, and $905K in 2018. Seller invested approx $400K in buildout and equipment. Monthly rent is $11,595 for 3,200 square feet. Seats approximately 140 including patio. Licensed for liquor, beer and wine. Menu includes pizza, traditional Italian dishes, calzones, salads, etc. Currently absentee operated but ideal for owner-operator in order to get business back on track. Staff of approximately 11. Franchisor training provided. Seller financing available for a qualified buyer. Owner has multiple businesses and is looking to downsize.
Established location. Brand is over 40 years old. Location opened in 2015.
Marketing efforts could be enhanced with the increased use of social media
Beautifully designed with gorgeous and quality leasehold improvements. Sits on a major road with heavy traffic and high visibility.

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Reason for Selling:

looking to downsize

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 a franchise resale opportunity.

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