Pizza & Italian Restaurant - Midtown Area

Houston, TX
Harris County

Midtown


Asking Price: Annual Revenue:
$625,000 $812,000

Food & Beverage: Restaurants, Fast Food, Deli


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RE: Pizza & Italian Restaurant - Midtown Area Broker: Jeffrey Jones

Quick Facts

Asking Price: $625,000
Annual Revenue: $812,000
Net Profit: Not Disclosed
Cash Flow: $191,000
Total Debt: Not Disclosed
FF&E: $150,000
Real Estate: Not Disclosed
Year Established: 2000
Employees: 13
BBN Listing #: 997427819
Broker Reference #: 82408

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Business Overview:

This is a first class New York style Pizza & authentic Italian food restaurant franchise using family recipes with their custom blend of spices and proprietary ingredients.  They make pizza dough and New York-style crust daily for their 12 inch, 16 inch, and giant 28 inch pizzas.  Salads are made with fresh produce.  Italian dishes include pasta dishes, calamari, seafood, meats, and fresh baked breads.  They also serve wine & beer.  Service includes sit down tables & chairs both inside and on their outside patio, take out service (35% of total sales), delivery service (25% of total sales), and catering special events (10% to 15% of total sales).  This is a franchisor owned store which they are now offering as a franchise.  Franchisor will provide complete training.  Franchise fee for a new franchise is $39,500. Royalty fee 6%, plus 1% advertising fee.

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Reason for Selling:

Franchisor selling company store

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 a franchise resale opportunity.

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