MergerPlace

Decade Long Established Gourmet Pizza Sh

Northwest Dallas, Texas (Denton)


  • Asking Price: $165,000
  • Gross Income: $515,975
  • Cash Flow: $65,196
  • Real Estate: Not Disclosed
  • Inventory: $3,000
  • FF&E: $75,000
  • Listing ID: #222347
  • Established: 2010
  • Employees: 2FT/10PT

Business Description

Office ID: #001011

Locally well-known gourmet pizza dine-in & delivery restaurant in Northwest Dallas is now available for acquisition. The business was established by the founder of this brand in 2010, and later in 2018, the current owner bought the business with his son to grow the business. Various menu items are provided at these gourmet pizza restaurants ranging from hand-crafted pizzas, oven-baked pasta, hot & cold sandwiches, salads, appetizers, and desserts. The business is occupied in a 2,400 SF space of a retail strip center located in a prime location surrounded by numerous retail businesses and affluent residential neighborhoods. The customers are middle to upper-income individuals and students from the surrounding densely populated residential neighborhoods. There are few Italian restaurants and franchise pizza chains within the immediate market area, but this business has built up its solid customer base that has been accumulated in the last 10 years of operation by providing a strong and unique product line and exceptional customer service which has differentiated themselves from the competition. Annual average net sales of this business are around $40,000 to $45,000 for the last few years and have grown drastically over the last several years even with COVID-19 in 2020. Currently, some marketing is in place through the website, social media outlet, but more pro-active marketing to local area needs to be utilized to achieve maximum income capacity as well as growing the customer base beyond the immediate market area. These well-established gourmet pizza restaurants are ready for a potential buyer who can be actively involved in the business operation while marketing to grow the business to maximum income capacity.


Business Details

Primary Business Category: Restaurants, Bars & Other Food Services
Location: Texas
Metropolitan Area: Northwest Dallas
County: Denton

Company Information

Year Established: 2010
Home Based: No
Franchise: No
Relocatable: No
Number of Employees: 2FT/10PT

Financial Information

Asking Price: $165,000
Gross Revenue: $515,975
Cash Flow: $65,196
FF&E: $75,000
Inventory: $3,000
Seller Financing Available: No

Property Information

Facilities:

The business is occupied in a 3,000 SF space of a retail strip center located in a prime location surrounded by retail areas and affluent residential neighborhoods. All equipment is in great working condition.

Growth & expansion opportunities:

Some marketing is in place, but other proactive marketing methods need to be utilized to generate more revenue.

Competition:

Competition is expected in this industry, but this restaurant has a strong and unique product line far superior to any other corporate pizza restaurants in the area.

Reason for selling:

Other opportunities/Move out of the country

Support & Training:

The owner will provide sufficient training for an agreed-upon period to make the transition into the business as seamless as possible.

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Business Listed By:

V-AID Group

www.v-aidgroup.com