Italian Restaurant with High-end Bar

Not Disclosed, TX
Dallas County

Southwest Dallas

Asking Price: Annual Revenue:
$185,000 $480,000

Food & Beverage: Miscellaneous

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RE: Italian Restaurant with High-end Bar Broker: Stephen Lee

Quick Facts

Asking Price: $185,000
Annual Revenue: $480,000
Net Profit: Not Disclosed
Cash Flow: $95,000
Total Debt: Not Disclosed
FF&E: $135,000
Real Estate: Not Disclosed
Year Established: 2018
Employees: 8
BBN Listing #: 977119188
Broker Reference #: 000847

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Business Overview:

Prime location Italian restaurant with fast growing sales and modern interior design in Southwest Dallas is now available for acquisition. This business was originally established early 2018 by the current owner of the business. As a full-service Italian restaurant that was built from ground up in 2018, all equipment and the facility is made with state-of-the-art and top-of-the-line products. The business features a well-built bar that has yet to be utilized and spacious parking lots, and the interior facility is beautifully built as its brand new. Not only does this business offer a variety of quality Italian food such as appetizers, soups, salads, pizza, pasta, calzones, strombolis, hot subs, seafood dishes, veal dishes, house special etc., but it also serves alcoholic beverages which no other competitor does in the immediate market area. Most of the customers are individuals and families from the nearby densely populated residential neighborhoods filled with a large middle-class community of African Americans. Average net sales were $40,000/month over the last several years and have increased each month since its inception without any marketing. Competition is expected for this popular business industry, but most of competitors within the immediate market area solely focus on pizzas while this business is a full-service Italian restaurant that offers handmade cuisines not available from the competition. Pro-active marketing is crucial to the further growth of this business as there are many untapped areas that has yet to be fully utilized to generate more cash flow and customer acquisition. There are many ways to proactively market this business such as direct-mailing, flyers for apartments, social media outlets, catering services, coupons, daily special, 3rd party delivery service and hiring a manager to help the operation of the business especially when the owner is not at the business. This business has done very well with its ground works, poised for next level growth with an owner that has a proven recipe. A potential buyer should be able to realize the growth by getting more involved in the day-to-day business operation and conducting pro-active marketing.

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Property Features and Assets:

This business is located in a 1,400 Square Feet retail strip center that is anchored by a nationwide grocery placed next to busy intersection and surrounded by densely populated residential neighborhoods and small retail shops. All equipment is brand new (less than 2 years old) and in great working order. / Inventory: $7,000 (Included in listed price).

Market Competition and Expansion:

Competition: Few competitors are found within the immediate market area, but this Italian restaurant is the only one serving alcoholic beverages and has a gorgeous built-interior with a modernized design. Growth and Expansion: Pro-active marketing is needed to grow the sales to full potential since there's no marketing currently done.

Reason for Selling:

Other opportunities.

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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