Seller's Contact Information
- RE: Italian Restaurant 40% Growth And Room To Grow!
- Contact: Brian O'Connell
Quick Facts
Asking Price: | $358,800 | |
Annual Revenue: | $1,216,785 | |
Net Profit: | Not Disclosed | |
Cash Flow: | $202,287 | |
Total Debt: | Not Disclosed | |
FF&E: | 33,678 | |
Real Estate: | Not Disclosed | |
Year Established: | 1989 | |
Employees: | 23 | |
BBN Listing #: | 37841469 | |
Broker Reference #: | 0366-659133 |
Business Overview:
Offered for sale is an iconic pizza and and pasta restaurant located in the busy Central Arkansas area. The current owners have achieved 40% growth over the last five years and expect the growth trend to continue. The location is ideal for capturing traffic and provides free marketing just form the shear traffic count. The restaurant has several opportunities for growth including further development of bar business, catering and delivery and private parties in the the private party room.
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Property Features and Assets:
This business has been in operation for over 30 years in Central Arkansas and is an iconic brand. The business draws from a broad customer base built through decades of goodwill.
Market Competition and Expansion:
The owners have started catering and delivery but there is a lot of runway left on that development. There is other potential growth that will be released to buyers after signing and NDA.
Reason for Selling:
Retiring
Additional Details:
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
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