Modern Authentic Italian Grill & Pizza restaurant in Tarrant County well-known throughout the nearby hospitals, office buildings, and the new developing areas is available for acquisition. Established in 2011 and acquired in 2012 by the current owner of the business. The interior of the restaurant was built to provide a comforting family dining experience with a fantastic menu to accommodate for the home-style atmosphere. Few competitors are within the immediate market area, but since 2012 the sales are rising and the business is becoming known in the local area. The sales from 2013 - 2015 has stayed consistently at $580,000/year to $660,000/year in gross sales. From an outsourced catering business, the restaurant provides the products for the catering business and in-return gives a portion of the sales to the restaurant. Catering sales running around $45,000-$55,000 is all revenue and if catering is provided from the main restaurant, the sales will grow drastically. There's no marketing except word of mouth, but with proactive marketing through Valpak and SNS will provide a great increase in overall sales. Products such Italian house specialty pizza, appetizers, chicken, veal, pasta, seafood, and a variety of native Italian cuisine are available. This high cash flow establishment with reasonable on rent is fantastic business to acquire.

Furniture, Fixtures & Equipment: $75,000 (Included in listed price)
Inventory: $3,000 (Included in listed price)
Financing: 100% cash at Closing or 50% SBA Financing with 50% cash down for qualified buyer.
Year Established: 2011
Employees: 3FT/4PT

Facilities: Located in 3,000 SF near most known Hospitals and medical buildings in Tarrant County.Support/Training: Owner will train for smooth transition of 3weeks
Reason Selling: Other opportunities
Competition: 2 direct competitions are 2 to 3 miles radius in the area but sales has been strong and was never affected by competition but instead sales been arising steady through 2011-2015.
Growth And Expansion: Right now this Italian restaurant owner does not advertise, only word of mouth. There are huge potential in sales by adverting and delivery services on close by area for lunch. Giving discounts for hospitals, medical buildings and other offices employees nearby will help generate new customers. Also, Group-on and other online advertisement company will help untapped first timer to this good review Italian restaurant.

Posted May 18, 2016

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