Office ID: #001051
Modern, fast-casual pizza/wing/bar restaurant located in the hub of a large corporate community is now available for acquisition. This prime location modern Italian Pizza/Wing/Bar concept is placed right next to a major highway that generates tremendous traffics daily and is placed in the epicenter of a corporate corridor with many warehouses for national brands. This business was established in 2017 by the corporate franchise, and this fully equipped and furnished restaurant can be easily converted into another cuisine. Most customers are individuals and families in well-mixed ethnic groups from the surrounding densely populated mid to high-income residential neighborhoods and immense oncoming traffic from the corporate corridor nearby this business, creating a strong lunch business. The restaurant next door in different cuisine is currently producing over 1 million dollars in sales, which shows the potential of this prime location has yet to be fully utilized. Pro-active marketing is crucial as this business needs to grow lunch sales and increase customer acquisition to reach full potential. There are many ways to proactively market this business, such as larger signage, social media outlets, delivery service, catering, third party delivery services, family packs, and daily deals. The area this business is located is filled with many families and individuals with high median income that can utilize lots of disposable income to increase the sales of this business. This gorgeously-built restaurant, which over $400K was invested in building it just 3.5 years ago, has everything in place for a potential buyer to acquire this restaurant with a modest investment and turn this into a considerable profit.
This business is located in a 2,500 SF end cap space of retail strip center that is surrounded by numerous corporate offices, upscale residential neighborhoods, and development of new residential neighborhoods. The restaurant also features outdoor patio.
Pro-active marketing tactics are needed to grow the business. Catering business to adjacent numerous corporate offices which have remained completely untapped by current owner can be a huge revenues driver.
Few competitors are within the immediate market area, but many of the competition specialize only in alcoholic beverages and have sub-par food items.
The owner of the business will provide the necessary assistance needed for a smooth transition.