MergerPlace

Authentic Italian Restaurant

West Dallas, Texas (Dallas)


  • Asking Price: $269,000
  • Gross Income: $419,090
  • Cash Flow: $109,047
  • Real Estate: Not Disclosed
  • Inventory: $2,000
  • FF&E: $100,000
  • Listing ID: #216221
  • Established: 2015
  • Employees: 2FT/5PT

Business Description

Office ID: #000859

Prime location Italian Restaurant in the heart of a historic town serving authentic Italian cuisine in West Dallas is available for acquisition. This business was originally established in 2015 and later acquired by the current owner in 2016. Located in a 2,200 SF retail shopping center in the center of a historic town, the area is full of traffic and pedestrians. Few competitors were found within the immediate market area, but those competitors are either solely focusing on fast food pizza concept or non-authentic Italian cuisine while this business provides full-service as well as offers authentic Italian products not available from the competition. The demographic of the customers are predominantly middle to upper class Blue-collar workers who work at construction nearby the business and individuals living in the densely populated residential areas. Net sales average was $35,000-38,000/month that has steadily increased over the last several years of operation with minimal marketing. Some marketing such as 3rd party delivery and In-house delivery service is in place, but other pro-active marketing is crucial to the further growth of this business as there are many untapped areas that has yet to be fully utilized to generate more cash flow. There are many ways to proactively market this business such as direct mailing, social media outlets, door hangers, catering, cocktails, mixed drinks and utilization of a TABC license to sell alcohol. Their menu consists of various appetizers, salads, Stromboli, soups, risotto pastas, chicken entrees, seafood entrees with a choice of protein, NY-style pizza, calzones, and desserts. The business has everything in place to generate much more cash flow as long as a potential buyer proactively markets this business and be fully involved in the day-to-day operations.


Business Details

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

Company Information

Year Established: 2015
Home Based: No
Franchise: No
Relocatable: No
Number of Employees: 2FT/5PT

Financial Information

Asking Price: $269,000
Gross Revenue: $419,090
Cash Flow: $109,047
FF&E: $100,000
Inventory: $2,000
Seller Financing Available: No

Property Information

Facilities:

This 2,200 SF fully-equipped Italian restaurant is located in the heart of city's historic town that is next to a heavy traffic intersection and residential neighborhoods. All equipment is in impeccable condition and in great working order.

Growth & expansion opportunities:

In-house delivery and 3rd party delivery service is in place, but other proactive marketing methods needs to be utilized to grow the business further. Since 3rd delivery service is already set up, more focus on catering services through 3rd party delivery to the local area will also increase the sales by reaching out to customers within untapped areas of the business.

Competition:

Competition is expected in this type of industry, but this business is the most authentic Italian restaurant in terms of menu selection and product quality in the immediate marketing area.

Reason for selling:

Other opportunities

Support & Training:

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