Business For Sale

BEST PRICED Italian Rest. - Reduced for Quick Sale

Conroe, TX
Montgomery County

Asking Price: Annual Revenue:
$120,000 $371,000

Food & Beverage: Restaurants, Fast Food, Deli

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RE: BEST PRICED Italian Rest. - Reduced for Quick Sale Broker: Dominick Caravella

Quick Facts

Asking Price: $120,000
Annual Revenue: $371,000
Net Profit: Not Disclosed
Cash Flow: $105,000
Total Debt: Not Disclosed
FF&E: $90,000
Real Estate: Not Disclosed
Year Established: 2012
Employees: 8
BBN Listing #: 364243328
Broker Reference #: 2377

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Business Overview:

Montgomery County award winning Italian Restaurant! This restaurant has a strong following in the community and is applauded for being family friendly. The eatery now offers onsite or offsite catering, delivery (up to 8 miles), special events, and online ordering. Parking is abundant and located in the fastest growing residential corridor of Conroe which was just named the fastest growing city in the United States. Live entertainment is offered several times per month.
Opportunities for Growth:
• Pole Sign in now complete.
• DoorDash & Uber Eats are now delivering in the county, a new owner can use them to expand delivery.
• Just built a bar in the restaurant will start offering wine flights, happy hour, etc., by month end.
• Year End Sales $371K, yearend discretionary income $105
• Continue to grow Delivery Business – currently 17% of sales (Chinese & Pizza are the only options in Conroe).
o Expand Delivery Area – currently limited to 8 miles unless a large order, turns down 20+ calls per month.
o Expand Delivery Drivers – Uber Eats is moving into Conroe in Q3 2017.
• Add additional school and business accounts – Presently just scratching the surface on the potential with the schools, car dealerships, hospitals, local businesses and churches.
• Be consistent in the marketing approach, specifically direct mailing flyers & social media.
• Open on Monday’s – 2 main competitors and most table service restaurants are closed! This is the largest customer request as minimal eatery options are available!
• Currently serve beer & wine, add full liquor license and/or build out bar seating area in restaurant with expanded offerings.

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Reason for Selling:

Other Opportunity.

Additional Details:

  • The property is leased.
  • The owner is not 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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The information has been supplied by the Seller. BBN has not verified any of the information provided in this listing. Any agreement or decision by a buyer to pursue a transaction of this listing should be based on further investigation and due diligence. BBN expressly disclaims any and all liability resulting from the sale of this business. For full disclosure please read BBN's full Legal Disclaimer.

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