Newly established Upscale Italian & Steak restaurant with excellent location and FFE is now available for acquisition. This business was established in 2014 in South Dallas by the current owner of the business. Owner put a huge amount of effort, time/investment to new equipment and FFE at the start of the operation to establish the business as a high-end Italian Restaurant. Many individuals from the local area is middle to upper class providing a large growing market in the immediate area to grow sales significantly if proactively pursued in which the business is tailored to upper class society. Currently averaging $70,000-$80,000/month in gross sales in only a year of establishment shows the potential for the growth more in sales. In the next coming years of operation has potential to increase even more. A full size bar in located inside with many varieties of liquors, wines, and beer on tap which generates a fair amount of revenue. During the weekends, 8-9 employees are in place at the operation from the extreme amount of sit-down customers to compensate the customer traffic. While most Italian restaurants has the sale of pizza, this operation only does upscale quality rustic pastas, quality cuts of steaks & fish grilled to perfection, appetizers, salads, sandwiches / Panini, desserts, and also has the license for the sale of alcoholic beverages. This operation is an ideal business to acquire with a huge potential for growth in a well known middle-high class area.

Furniture, Fixtures & Equipment: $100,000 (Included in listed price)
Inventory: $10,000 (Included in listed price)
Financing: 100% down at the time of closing or 50% cash down with SBA financing for qualified buyers.
Year Established: 2014
Employees: 10FT/15PT

Facilities: Inside this operation, all the equipment is has been bought brand new except the dish washer and ice machine which is leased to the owner of the business. Additionally, a party room is available for private dining, wedding and company, numbers of customers for reservation is increasing.Support/Training: Owner will provide necessary training for a smooth transition into the operation.
Reason Selling: Owned other restaurants.
Competition: Few competitors within the immediate market area.
Growth And Expansion: This business has a large capacity for growth since the business has only been established for 1 year with all brand new equipment. To expand the recognition of this newly built operation this business uses door hangers, catering services, wedding services, local churches, and campuses to further increase the sales growth.

Posted Jul 15, 2016

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