Decade Long Established Italian Restaurant

Not Disclosed, TX
Collin County

Far Northeast Dallas

Asking Price: Annual Revenue:
$179,000 $480,000

Food & Beverage: Miscellaneous

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RE: Decade Long Established Italian Restaurant Broker: Stephen Lee

Quick Facts

Asking Price: $179,000
Annual Revenue: $480,000
Net Profit: Not Disclosed
Cash Flow: $95,000
Total Debt: Not Disclosed
FF&E: $100,000
Real Estate: Not Disclosed
Year Established: 2007
Employees: Not Disclosed
BBN Listing #: 958919188
Broker Reference #: 000897

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Business Overview:

Well established Italian Restaurant placed in a prime location of a fast growing city in Far Northeast Dallas is available for acquisition. This business was originally established over a decade ago in 2007 and was later acquired by the current owner of the business in 2015. Most of the customers are Caucasian individuals living in the surrounding densely populated residential neighborhoods and traffic from the major highway that is placed next to the business. Gross sales average is $37,000/month that has been consistent over the last several years of operation without any marketing done other than word of mouth and their online website. Although their online website bring $3,000-4,000/month in online delivery/pick-up sales, other proactive marketing methods needs to be utilized to generate more cash flow and acquire new customers from the untapped areas in the city. Competition can be expected for this industry, but this business has established them in the local area the longest and has a fantastic relationship within the local community. There are many ways to proactively market this business such as direct mailing, family meal, 3rd party delivery service, TABC License and social media outlets. The construction on the road next to the business will be complete soon and will bring much more traffic to this business after completion. This business is perfect for any potential buyer that wishes to grow the business through active involvement and marketing in the local area.

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Property Features and Assets:

This business is located in a 3,000 Square Feet space of a retail strip center placed right next to a major highway. All resident within the local area uses this major highway to travel which brings consistent exposure for this business. / Inventory: $5,000 (Included in listed price).

Market Competition and Expansion:

Competition: Few competitors are within the immediate market area, but this business has been established in the area for the longest and has a wonderful reputation within the local community. Growth and Expansion: Some marketing is in place through word of mouth and the online website, but other proactive marketing methods needs to be in place for this business to grow further.

Reason for Selling:

Other Opportunities/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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