Business Overview:
This is a great pizza and pasta place that sells mostly take-out and delivery to a loyal clientele at good prices. Menu favorites include make-your-own pizza and gourmet pizzas, calzones, bread sticks, wings, salads as well as a delicious variety of pasta: lasagna, spaghetti & meatballs, ravioli and your choice of fettuccine Alfredo, shrimp or chicken. Catering to parties and events is also popular. Low costs and good profit margin make this restaurant very attractive to own. For an operator seeking passive ownership, this operation can be easily situated to run absentee. Currently making Sellers Discretionary Earnings of $90,000 a year (based on prorated 2022 sales, provided by seller), it can easily be increased with a modest marketing strategy. With the current operations, nearly 60% of orders are delivery and/or take-out leaving significant potential for growth with dine-in options. Significant opportunities exist for a new buyer to provide beer & wine options. A new more involved owner with experience can easily increase revenues, contributing to the bottom-line owners’ profits.
This well located pizza restaurant with a good clientele was remodeled during the pandemic and has been selling great pizzas and other Italian plates ever since. They are mostly getting Take-out orders through phone and various delivery apps in the market. Before current owner, the place was already an Italian restaurant so the location is established as a restaurant for more than ten years. Owners (2) own other businesses while attending this one. The two partners are working all aspects of the business while attending their other businesses, they want to concentrate in the other businesses, that’s why they are selling. This location was established in 2008 and is serving the Cinco Ranch area, new owners remodeled in 2021. Business is doing well and can be greatly improved.
Marketing activity on social media can greatly increase revenues.
Sellers are prepared to negotiate some financing of the deal to a qualified buyer.
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Reason for Selling:
Can't attend.
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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