Italian Restaurant for Sale is Priced to move

Conroe, TX
Montgomery County


Asking Price: Annual Revenue:
$65,000 $336,286

Food & Beverage: Restaurants, Fast Food, Deli


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RE: Italian Restaurant for Sale is Priced to move Broker: Robin Gagnon

Quick Facts

Asking Price: $65,000
Annual Revenue: $336,286
Net Profit: Not Disclosed
Cash Flow: $80,134
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 2013
Employees: 5
BBN Listing #: 37038096
Broker Reference #: 7177

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Business Overview:

This Italian Restaurant for sale in Conroe, Texas is real money maker! Owner Operator will take home roughly $80,000. Priced to move quickly as the seller is relocating out of state! Potential for owner financing for qualified buyer! Bring your offers!

Buy this Italian restaurant for sale in fast-developing Conroe Texas that is delivering cash flow to the semi-absentee owner of $80,000 over the last twelve month period. The seller needs to relocate, and his loss is your gain on this listing priced to move. In business for 6 years and owned by the current operator for over three years, this location has won "Best Italian Restaurant" and "Best Pizza" in Montgomery County!

Contact We Sell Restaurants to make this amazing location yours Perfectly situated at a major intersection, just off the highway on the way to Lake Conroe, a huge draw in the area. Any car going to this destination passes this highly visible Italian restaurant for sale. The business draws not only locals but also the strong tourist population coming to and from the Lake.

The business has great food and all the fantastic recipes will pass to the next owner. The pictures and reviews are mouth-watering, and the lasagna is a standout. There is always room for the family! This 3,120 square foot Italian restaurant for sale has seating for nearly 100 customers, in a combination of booth, chair, and stool arrangements. The decor includes one fantastic feature wall at this Italian Restaurant for sale.

The current owner works for about 20 - 30 hours a week. A true owner / operator who was working full-time and serving in the management capacity may increase their cash flow by another $30,000 per year.

Rent, including CAMS (plus signage and water bills) comes to $5,040 per month. The Italian restaurant for sale has a full commercial kitchen with grease trap and 14’ hood.

Tremendous opportunity at this Italian Restaurant for sale as Conroe was literally the Number 1 the fastest growing large city (over 50,000) in the country in 2015 and has shown little sign of slowing since. In fact, right near where this business is located, there is yet another huge commercial and residential development currently under construction. Conroe still has land ripe for development, and its proximity to Houston ensures that the area will continue to grow quickly. In other words, not only is this business profitable now, but it is poised for increased growth and earnings in the short and long term.

This Italian restaurant for sale is large, visible, has good rent, has a full commercial kitchen with all permits, and is TABC-approved. Keep this concept or convert to something new. This Italian restaurant for sale is priced to sell.

The current owners have an opportunity to move back to their hometown of New Orleans. Their asking multiple is intentionally low for a quick sale. Buy this Italian restaurant for sale, become the manager, and you have a growing six-figure income. Not to mention, you are your own boss!

To request more information regarding this listing, simply check the ADD TO REQUEST INFO BASKET button and when you are done searching and have made all your selections, simply click on the REQUEST INFO button at the bottom of the page.

Property Features and Assets:

7 Wood Square Tables 4x4 18 Wood Rectangle Tables 4x2 40 Wood Matching Chairs 5 two person Single Booths 11 four person Double Booths Custom Built 12x6 Bar 4 months old 8 Matching Bar Stools Iron Mountain 54in Back Beverage Cooler 3 Door IceOMatic 336lb Ice Machine owned 4 42in Television 3 in lobby 1 in kitchen 18in Television office Traulsen 66in Pizza Prep Station 2 door with overhead storage shelf Delfield 66in Prep Table 6 drawer with overhead storage shelf Radiance 6 burner gas stove Radiance 4 burner gas stove Double Pizza Oven 60x36 Chef Supreme Full Size Upright Holding Cabinet Warmer with glass door Hobart Dough Bread Mixer Migali salad bar table 48in 2 six ft Bread Rack Thermo Rigid Walk in Cooler Thermo Rigid Walk in Freezer American Range 2 Basket Fryer Newair 6 rack Wine Chiller 3 compartment sink 4 ft tall wood host station 4 High Chair and Booster Seats respectively Waiting Area Wrought Iron Bench Slate Top Waiting Area table 8x6 Work table POS Technology storage Ipad and in ceiling Sound System with bass tube 4 Wine Beer Display Wall Racks holds 16 wines or 20 beers each for display purpose Auto Chlor Dishwasher commercial lease 2 reach in Coca Cola Coolers leased 8 head Coca Cola fountain machine leased Office desk and 4 drawer cabinet in the office Stainless Work Table 24x60 Stainless Work Table 24x48 Misc Shelving Necessary Smallware to operate the restaurant comfortably 40 pictures sign artwork decorative figurines etc

Market Competition and Expansion:

There is some competition in the market, as always with restaurants, but nothing close to saturation. In addition, this community is growing in a nearly unprecedented fashion, bringing both new residents and more visitors each year.

Reason for Selling:

Relocation

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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