Traditional Italian Restaurant

Not Disclosed, TX
Denton County

Northwest Dallas

Asking Price: Annual Revenue:
$200,000 $1,350,000

Food & Beverage: Miscellaneous

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RE: Traditional Italian Restaurant Broker: Stephen Lee

Quick Facts

Asking Price: $200,000
Annual Revenue: $1,350,000
Net Profit: Not Disclosed
Cash Flow: $193,000
Total Debt: Not Disclosed
FF&E: $80,000
Real Estate: Not Disclosed
Year Established: 1985
Employees: 25
BBN Listing #: 577719188
Broker Reference #: 000684

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Business Overview:

Prime location high-end Italian restaurant with handmade recipes and known in the area for decades is available for acquisition. This business was originally established over three decades ago by the current owner of the business in 1985. Most of the customers are office employees from the nearby medical facility and families that live in the densely populated residential neighborhoods that carpet the city as the population grows. Net sales average was $1,330,000/year that has increased each year due to active efforts done on social media outlets and 3rd party delivery service. Although some marketing is in place that has actively grown the business over the last several years, other proactive marketing tactics is necessary to allow this business to reach full capacity in sales and customer acquisition. Competition is expected for this popular business industry, but all competitors within the immediate market area solely focus on pizzas while this business is a full-service Italian restaurant that offers handmade cuisines not available from the competition. There are many ways to proactively market this business such as direct mailing, flyers for apartments, better signage, social media outlets, catering services, in-house delivery service and hiring a manager to help the operation of the business. Placing a manager to help the flow of the business will be extremely beneficial in allowing the owner of the business more time allocated to marketing the business and actively increasing the customers that regularly come. This business has everything in place for a potential buyer to proactively market this business while being fully involved in the day-to-day business operations.

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Property Features and Assets:

This business is located in a 5,200 Square Feet retail strip center that is very easy to spot from the street and is surrounded by many residential areas that is currently utilized for delivery service. All equipment is in impeccable condition and in working order. / Inventory: $5,000 (Included in listed price).

Market Competition and Expansion:

Competition: Few competitors are within the immediate market area, but the competition is solely focused on pizzas rather than full-service Italian restaurant with a variety of main entrees. Growth and Expansion: Some marketing is in place through coupons and word of mouth, but other proactive marketing methods needs to be utilized to grow the business further.

Reason for Selling:

Focus on 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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