Business For Sale

6 Day A Week NY Style Pizza & Pasta #000554

Not Disclosed, TX
Tarrant County

Arlington


Asking Price: Annual Revenue:
$99,000 $344,325

Food & Beverage: Miscellaneous


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RE: 6 Day A Week NY Style Pizza & Pasta #000554 Broker: Kevin Chung
License #: 567204

Quick Facts

Asking Price: $99,000
Annual Revenue: $344,325
Net Profit: Not Disclosed
Cash Flow: $62,112
Total Debt: Not Disclosed
FF&E: $40,000
Real Estate: Not Disclosed
Year Established: 1992
Employees: 5
BBN Listing #: 19619188
Broker Reference #: 000554

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Business Overview:

Prime location Italian restaurant serving NY-style pizza and casual Italian cuisine is available for acquisition. This business was originally established over two decades ago in 1992 by the current owner of the business. Competition is expected for this type of business industry, but this business has established itself in the area for two decades accumulating loyal customers and bringing in new customers by their competitive price point that is more affordable than the competition. Most of the customers are middle-class individuals of all demographics that come from the surrounding densely populated residential neighborhoods and oncoming traffic from the major highway that is placed next to this retail strip center. Net sales average was $320,000/year which have been consistent every year with minimal marketing done in the local area. Although word of mouth and the business website brings consistent traffic to the business, but other proactive marketing methods needs to be utilized if this business is to keep growing in sales and acquisition of untapped customers within the local area. There are many ways to proactively market this business such as direct mailing, social media outlets, updating menu items, catering services, extended delivery hours, 3rd party delivery service, hire more staff and participating in community events. Hiring additional staff and a well-trained manager will free up some time for the owner of the business to focus on marketing the business to grow cash flow. Various menu items are provided at this business that can range from appetizers, salads, subs, calzones, pasta, create-your-own pizza, deep dish pizza, signature pizza, special entrees and desserts. This business has everything in place for a potential buyer to proactively market this business while being fully involved in the day-to-day operations of the business.

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Property Features and Assets:

This business is located in a 1,974 Square Feet retail strip center that is placed right next to a major highway and a busy intersection with tons of traffic. All equipment is in good condition and in working order. / Inventory: $1,500 (Not Included in listed price).

Market Competition and Expansion:

Competition: Few competitors are within the immediate market area of this business, but this business has a competitive price point that other competitors can't match and has operated in the area for over two decades. / Growth and Expansion: Marking is done on a minimal basis, but more proactive marketing tactics is needed if this business is to generate more cash flow and acquire 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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