Profitable Italian Restaurant-HUGE PRICE REDUCTION

Houston, TX
Harris County

Spring


Asking Price: Annual Revenue:
$149,500 $271,961

Food & Beverage: Restaurants, Fast Food, Deli


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RE: Profitable Italian Restaurant-HUGE PRICE REDUCTION Broker: Terra Caravella-Wolf
Owner Financing is Available!
Make Offer!

Quick Facts

Asking Price: $149,500
Annual Revenue: $271,961
Net Profit: Not Disclosed
Cash Flow: $114,309
Total Debt: Not Disclosed
FF&E: $25,000
Real Estate: Not Disclosed
Year Established: 1983
Employees: 8
BBN Listing #: 533343328
Broker Reference #: 2440

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Business Overview:

This is a family owned and operated Italian restaurant established in 1983 with its authentic Italian family recipes. A true hidden gem located in a busy shopping center with affordable prices and RECORD-LOW RENT! Close to a major freeway and in the vicinity of 5,000+ students and 4 local hospitals all within a few miles or less. The menu offers a variety of authentic Italian dishes including pizza, traditional classic, and unique style pastas, salads, amazing appetizers, fresh bread, and of course the best WINE! There is also a large banquet room that offers endless opportunities for the current and new owner, (see write-up for more details). Equipped with 140+ seats for dining inside and another 25+ seats for patio dining outside as well as ample parking. With its location, REPUTATION, amazing rent, and lease agreement with renewal options available, all its furniture, fixtures and equipment included makes this a GREAT OPPORTUNITY for a buyer seeking a profitable and well-established restaurant with TONS OF INCREASED REVENUE POTENTIAL! This restaurant is a “must see”. It is only up for sale because the owners have decided to RETIRE AND WANT TO DO SO ASAP. VERY MOTIVATED SELLERS SO MAKE AN OFFER! Also, of note is the fact that this Italian restaurant for sale has the capacity to handle increased business. The current owners know that this represents a significant opportunity, but they are ready to retire and pass this opportunity along to someone else. This location has amazing food, long track record, long-time employees, an easy landlord, the capacity to grow, and a fantastic owner benefit of owning a successful restaurant for a great price! If you are looking for a well-established and profitable restaurant for sale with both high sales and high caliber, stop looking now and contact us to learn more!

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Property Features and Assets:

Located in a busy shopping center.

Reason for Selling:

Retirement

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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