Pizza Cafe Owner Absentee

Business Overview:

Owner absentee franchise gourmet pizza cafe located in far Southwest Fort Worth, has been listed for your acquisition. This business was established in 2015 by the previous owner and the current owner acquired the business in mid-2020. The city itself is relatively small but is considered a recreational city with a lake nearby and a favorable area for retirement. The majority of the customers consist of older middle to upper-middle-class, predominantly Caucasian families. This gourmet pizza restaurant is occupied in an end-cap 2,600 SF of a retail shopping center anchored by several nationwide retail stores and a supermarket nearby which draws natural traffic. The business was originally established by the previous owner in 2015 and the current owner acquired it in 2020. This restaurant's flagship dish is its specialty pizzas; it also serves pasta, desserts, salads, wings, and sandwiches. Serving variations of high-quality dishes other than pizza is the x-factor that distinguishes this pizzeria from its immediate competitors. With all the good things that can be said about this establishment, there will always be room for improvement. The new owner can apply for a TABC liquor license to take advantage of the current vacancy in the alcoholic beverage industry and have an immediate effect on the generation of new sources of revenue. The sales are consistently growing where during the first two years since the acquisition, the average monthly net sales were approximately $70,000-$72,000 and in 2022, it has grown to approximately $80,000. The interior of the restaurant has a warm and cozy appearance decorated with unique frames and decorations with more than 100 seating capacity and a patio. There are few other competitors in the immediate area, but this business has established and captured the customers who prefer personalized and quality food and dining experience. This establishment is employed with competent, reliable, and cross-trained staff eliminating the owner's involvement in day-to-day operations, and is a great opportunity to acquire a growing local favorite franchise pizzeria.

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Property Features and Assets:

This establishment is located in an end-cap of 2,600 SF retail strip center anchored by national retail stores and a supermarket. All equipment is in great condition. / Inventory: $5,000 (Included in listed price).

Market Competition and Expansion:

Competition: Other delivery pizza chains are within the immediate market area but fail to meet the quality of this establishment and customers appreciate the higher quality ingredients, service, and friendly dine-in experience. / Growth and Expansion: Personalized local advertisements for the business will create new revenue streams and will be hugely beneficial to the growth of sales. Owner involvement in marketing and operational functions would lower operational costs and thus creating potential growth.

Reason for Selling:

Retirement

Additional Details:

Documents:

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