Well-built Italian Restaurant

Not Disclosed, TX
Tarrant County

Fort Worth

Asking Price: Annual Revenue:
$279,000 $619,000

Food & Beverage: Miscellaneous

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RE: Well-built Italian Restaurant Broker: Stephen Lee

Quick Facts

Asking Price: $279,000
Annual Revenue: $619,000
Net Profit: Not Disclosed
Cash Flow: $130,000
Total Debt: Not Disclosed
FF&E: $100,000
Real Estate: Not Disclosed
Year Established: 2009
Employees: 3
BBN Listing #: 891219188
Broker Reference #: 000935

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Business Overview:

Authentic Italian restaurant in Forth Worth with a strong customer base that has been built for 10 years of operation is available for acquisition. The business was originally established a decade ago in 2009 and was later acquired by the current owner of the business in 2017. This business occupies a 2,500 Square Feet space of retail strip center that is located nearby the major highway of a city and is surrounded by densely populated residential neighborhoods. Most of the customers are families coming from nearby densely populated residential neighborhoods. Competition is expected for any Italian restaurant, but this business has been established in the area for a decade accumulating a loyal customer base that has lots of returning customers compared to the competition. This authentic Italian restaurant offers a great variety of quality Italian food with over 80 menu items such as appetizers, salads, soups & sides, seafood entrees, pasta entrees with a choice of protein, pizza, special pizza, hot subs, chicken entrees, veal entrees, hamburgers, child's menu, hot rolls (calzones, strombolli) and desserts & drinks that is superior to other Italian restaurant in the area in terms of high-quality products and reasonable price point. Gross sales have been $40,000 - $50,000 per month that has been consistent over the last several years of operation without any pro-active marketing except thru the website and a word of mouth. Although no marketing is in place other than its website, various marketing tactics need to be utilized, such as more online and social media outlet presence, direct marketing, coupons, daily special, senior discounts, 3rd party delivery etc. to acquire new customers in the untapped parts of the area. Marketing efforts on catering service to schools, companies, public agencies, etc. can also greatly improve the sales as catering business has remained untapped by the current owner. A potential buyer operating this business full-time along with proactive marketing tactics is what this business needs to truly reach full potential and operate at maximum capacity.

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Property Features and Assets:

The business is located in a 2,500 Square Feet space of a retail strip center nearby major highway of a city and is surrounded by densely populated residential neighborhoods. / Inventory: $3,000 (Included in listed price).

Market Competition and Expansion:

Competition: Few competitors are within the immediate market area, but this business has established itself in the area and the sales have been consistent over the last several years. Growth and Expansion: There is no marketing done ate the current time.

Reason for Selling:

Burnt out

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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