Established Italian Franchise in NW Houston

Houston, TX
Harris County

Asking Price: Annual Revenue:
$119,000 $582,923

Food & Beverage: Restaurants, Fast Food, Deli

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RE: Established Italian Franchise in NW Houston Broker: Ron Hankamer
Owner Financing is Available!

Quick Facts

Asking Price: $119,000
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:

The franchisor of this popular Italian concept opened its first location over 40 years ago and has been consistently ranked in the Top 100 Pizza Companies in America. Their mission is to serve New York style pizza and genuine Italian dishes in an upscale but casual environment. The company now has over 50 locations worldwide, serving up menu items such as margherita pizza, calamari, meatball calzones, chicken parmesan sandwiches, classic lasagna, baked ziti, freshly tossed salads, gourmet soups and more.
Multiple revenue sources: dine-in, delivery, take-out, and catering. Revenues in 2020 for this business 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.
Currently absentee operated but ideal for owner-operator in order to get business back on track. Staff of approximately 11. Franchisor training provided. 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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