Pizza & Pasta Italian Restaurant

Not Disclosed, TX
Victoria County


Asking Price: Annual Revenue:
$650,000 $1,378,142

Food & Beverage: Restaurants, Fast Food, Deli


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RE: Pizza & Pasta Italian Restaurant Broker: Dominick Caravella

Quick Facts

Asking Price: $650,000
Annual Revenue: $1,378,142
Net Profit: Not Disclosed
Cash Flow: $235,084
Total Debt: Not Disclosed
FF&E: $133,301
Real Estate: Not Disclosed
Year Established: 2017
Employees: 14
BBN Listing #: 931343328
Broker Reference #: 2524

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Business Overview:

This is a freestanding building with great parking. This Italian restaurant is well known in the community and has a great following. They have a full menu of pizza & pasta. Currently, only serving beer & wine. There are 3 dining rooms. One has a large bar. It should be noted that the equipment list (attached) is at Fair Market value, according to the Seller. This is a true Mom & Pop. They employ approximately 12 employees. A great lease, they pay $5,600 including property tax for approximately 5,800 square feet. Priced at 2.85 x ODE. 2021 thru 2019 tax returns are available. Large Facebook following and they have a 4.7-star rating.

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Reason for Selling:

Retirement

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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