Office ID: #000971
The licensing opportunity of a locally well-known gourmet pizza restaurant in North Texas is now available for acquisition. This pizzeria started its legacy in 2001 and has rapidly grown to over 45 independently owned and operated stores in North Texas. What makes this restaurant different is its focus on fresh ingredients and handmade dough. All of the menu ingredients are top quality, freshly cut each day and the dough is made twice daily, once in the morning and in the afternoon to keep its freshness. All of its menu recipes were made from scratch and perfected by the current owner of this franchise who is not just a veteran business operator, but also an experienced chef as well. The full menu includes a variety of options including specialty pizza, oven-baked pasta, hot & cold sandwiches, salads, appetizers, desserts, etc. Each location has a strong relationship with local schools and organizations as well as local customers by providing personalized service, a strong and unique product line, and a comfortable atmosphere through exceptional built-out & interior. This licensing opportunity has a great advantage over franchised restaurants as there are no stringent requirements or recurring fees such as royalties and marketing fees that are usually required for the franchised restaurants. The licensor offers hands-on training and consulting for new licensed owners, including assistance with real estate evaluation, market analysis, interior design, purchasing, staffing, marketing, etc. Available territories are not limited to DFW area but it is wide open to greater San Antonia, greater Houston, greater Austin and beyond Texas. This is a great opportunity to acquire a license of and start up this reputable full-service gourmet pizza restaurant for a potential buyer who is seeking to open a new restaurant concept or acquire an existing restaurant opportunity.
The typical size of the restaurant ranges from approximately 2,000 SF to 2,500 SF and many locations are to be optimally placed in an end-cap space of retail strip centers. The average build-out cost (net after landlord's T.I. reimbursement) is anywhere between 175K and 200K for second-generation space or 250K and 300K for shell space in addition to the license fee.
The restaurant, which has been around for 19 years, has gained a great reputation in each local area, giving the new licensed owner a head start over many competitors from the get-go. Its strong products and business know-hows accumulated over 19 years will give an edge to the new licensed owner after the start up. In addition, this business licensing gives each owner the freedom to market their own territories based on its own demographic (instead of imposing ongoing marketing fee like other franchised restaurants), enabling each owner to better manage their cash flow in order to maximize profit.
Competition is expected in this industry, but this business has built up its own solid customer base that has been accumulated in the last 19 years of operation by providing a strong and unique product line and exceptional customer service which has differentiated them from the competition.
The licensor of the business will provide comprehensive hands-on training and consulting to smoothly initialize the business as seamless as possible.