Neighborhood Italian Restaurant

Not Disclosed, TX
Dallas County

North Dallas

Asking Price: Annual Revenue:
$99,000 $400,000

Food & Beverage: Miscellaneous

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RE: Neighborhood Italian Restaurant Broker: Stephen Lee

Quick Facts

Asking Price: $99,000
Annual Revenue: $400,000
Net Profit: Not Disclosed
Cash Flow: $40,000
Total Debt: Not Disclosed
FF&E: $60,000
Real Estate: Not Disclosed
Year Established: 2003
Employees: 6
BBN Listing #: 10819188
Broker Reference #: 000860

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Business Overview:

Authentic Italian restaurant in North Dallas with a strong customer base that has been built for over 15 years of operation is available for acquisition. The business was originally established over a decade ago in 2003 and was later acquired by the current owner of the business in 2018. Located in a 2,742 Square Feet space of a retail strip center, this business is anchored by a nationwide grocery chain and is surrounded by many densely populated residential areas. Quite a few competitors were found in the immediate market area, but this business has long been established in the area for over 15 years accumulating a loyal customer base with their strong menu items that has a competitive price point compared to the other competitors. Majority of the customers are local families and individuals coming from the surrounding neighborhoods as well as the retail businesses next to the business. The nationwide grocery chain in the same strip center also provides a steady rate of customers to the area unlike other retail strips nearby the business. All customers whether new or regular form a well-mix of all generations of individuals and families from the nearby neighborhoods. The most recent gross sales of this full-service Italian restaurant has been running at around $33,000/month without any marketing done locally or online. Proactive 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, social media outlets, delivery service, 3rd party delivery service, door hangers, cocktails, mixed drinks and utilization of a TABC license to sell alcohol. This fully-equipped Italian restaurant just installed a brand new pizza prep table made of high quality materials and other equipment that is top-of-line within the industry. Their menu consists of various appetizers, salads, soups, pasta entrees with a choice of protein, NY-style pizza, hot subs, cold sandwiches, calzones, and desserts. This business is well suitable for those who want to run this business as a small family business, and 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 2,742 Square Feet retail shopping center anchored by a nationwide grocery store including a fully equipped kitchen utilizing all necessary space. All equipment is in impeccable condition and in working order including a new pizza prep table. / Inventory: $3,500 (Included in listed price).

Market Competition and Expansion:

Competition: Several competitors are within the immediate market area which is unavoidable for this particular industry, but the strong products of this Italian restaurant along with their strong relation with the community are a huge competitive advantage. Growth and Expansion: No marketing is done other than online marketing through 3rd party delivery services and word of mouth. Proactive marketing is needed in the local area to truly increase sales.

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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