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Details - Information last confirmed on September 10, 2020
Prime location gourmet pizza restaurant located in a high-end growing city in North Dallas serving high-quality products is available for acquisition. This business was established in 2013 by the previous owner from scratch and was completely renovated in May 2019 since the current owner acquired this business. This business is occupied in a 2,222 SF space of premier retail strip center, which features gorgeous build-outs with a sophisticated interior conveniently located just off the major road of this fast-growing city and is surrounded by densely populated residential neighborhoods. Most of the customers are upper-class business people in the local area during lunch hours and families during dinner hours that live in the surrounding high-end densely populated residential neighborhoods. Few competitors are within the immediate market area, but this business has built up its own solid customer base that has been accumulated in the last 7 years of operation by providing a strong and unique product line and exceptional customer service, which has differentiated itself from the competition. This gourmet pizza restaurant offers a fine variety of quality handcrafted pizzas, oven-baked pasta, hot & cold sandwiches, salads, appetizers, and desserts that are far superior to any other pizza restaurants in the area in terms of high-quality products and services. Gross sales have been running around $50-60K per month before the pandemic. Since the new owner's acquisition, the owner has made the best efforts to clean the mismanagement of the former owner and streamline the operation to revitalize the business. A partial remodel has been done by the current owner as well. Currently, minimal to no marketing is in place, and proactive marketing methods such as social media outlets, email marketing, web-based advertisements, direct mailing, daily special, and 3rd party delivery services are needed to be fully utilized to achieve maximum income potential. Marketing efforts on increasing catering business to corporate offices and headquarters, medical offices, car dealerships, and churches nearby can also greatly improve the sales as the catering business remain under-served. This gourmet pizzeria has great potential because the city where the business is located still has plenty of room to grow and has a good demographic with a large amount of disposable income, resulting in additional revenues by undertaking proactive marketing. This is a great opportunity to acquire a well-established high-volume gourmet pizzeria for a potential buyer who is willing to be more hands-on in the day-to-day operation and marketing to reach out to untapped areas of the city.
Furniture, Fixtures & Equipment: $75,000 (Included in listed price)
Inventory: $3,000 (Included in listed price)
Financing: 100% down at the time of closing.
Year Established: 2013
Facilities: This business is located in a 2,222 SF of an end-cap space in retail strip center that is placed right beside a major road that brings immense traffic throughout the day. The business has been gorgeously built out with upscale furniture and materials and uniquely branded with a high-end image.
Support/Training: The owner will provide sufficient training for an agreed-upon period to allow the transition into the business as seamless as possible.
Reason Selling: Other Opportunities
Competition: Competition is expected in this industry, but the restaurant has accumulated a solid ...
Disclaimer: DealStream has not independently verified any of the information in this listing and makes no warranty as to its accuracy or completeness. This listing does not constitute an offer to sell, solicit or make an offer to buy an investment interest. Offers to sell, or the solicitation of offers to buy, any security can only be made through official offering documents, such as a subscription agreement and private placement memorandum.