Business For Sale

New York Style Pizza & Classic Italian Cuisine

Not Disclosed, TX
Collin County

North Dallas

Asking Price: Annual Revenue:
$335,000 $864,559

Food & Beverage: Miscellaneous

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RE: New York Style Pizza & Classic Italian Cuisine Broker: Kevin Chung

Quick Facts

Asking Price: $335,000
Annual Revenue: $864,559
Net Profit: Not Disclosed
Cash Flow: $235,946
Total Debt: Not Disclosed
FF&E: $50,000
Real Estate: Not Disclosed
Year Established: 2005
Employees: 10
BBN Listing #: 953619188
Broker Reference #: 000515

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Business Overview:

Authentic Italian restaurant with classic Italian dishes and NY-style pizza is available for acquisition. This business was originally established a decade ago in 2005 by the current owner of the business. Competition is expected for any Italian restaurants, but this business has long been established in the area for over a decade accumulating a loyal customer base that has high retention rate compared to the other competitors. Most of the customers are Caucasian individuals from all age groups that live in the surrounding densely populated residential neighborhoods and apartment complexes. Net sales average was $740,000/year that has been consistent throughout the last several years of operation 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, fully utilize liquor license to sell liquor, cocktails, and mixed drinks, which the business does not do currently. Owner involvement will be extremely beneficial to the overall health of the business as well as cutting unnecessary payroll expenses. Many products are provided at this business that can range from appetizers, soups, salads, homemade pastas, chicken entrees, seafood entrees, veal entrees, hot subs, cold subs, stuffed rolls, personal pizza and a wide selection of desserts. This business has everything in place for a potential buyer to be proactively marketing this business while being fully involved in the day-to-day operations.

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Property Features and Assets:

This business is located in a 2,000 Square Feet retail end-cap that is placed right between two major intersections with heavy traffic and densely populated residential neighborhoods. All equipment is in impeccable condition and in working order. / Inventory: $5,000 (Not Included in listed price).

Market Competition and Expansion:

Competition: Some competitors are within the immediate market area, but this business has been operating for over a decade and has established itself within the community. / Growth and Expansion: There is no marketing currently done, but proactive marketing methods are crucial to growing this business and acquiring new customers.

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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