Prime location Italian Restaurant in Southeast Dallas with high end interior and upscale dining is available for acquisition. Established in 1998 and was later acquired by the current owner of the business in 2010. In 2015, the business was relocated across the street to a more visible and optimal shopping center. Although a pizza chain is located in the immediate market area, this doesn't affect the sales due to the pizza chain not being a true competitor that sells upscale Italian cuisine within the local area. The bulk of the customer base consists of individuals from the nearby neighborhoods and from local businesses near this operation. Sales after relocation average around $40,000 - $45,000/month which can easily be increased after proactive marketing. Recently delivery service was added to further improve the sales from their current marketing through door hangers and social media. Within the facility there's a fully operational bar that isn't currently being used that could potentially drastically increase the sales. Weekly special could prove to be extremely beneficial by diversifying the current customer base with a new crowd of younger individuals. Products provided from their menu consists of appetizers, soups, salads, baked pastas, chicken, veal, seafood, calzones, subs, different types of pizzas, and desserts. Once the various methods of marketing in the local area is in place, this Prime location Italian restaurant should see a huge increase in sales and change in demographics to the current customer base.
Furniture, Fixtures & Equipment: $100,000 (Included in listed price)
Inventory: $3,000 (Not Included in listed price)
Financing: 100% down at the time of closing or 50% cash down with SBA Financing for Qualified Buyers.
Year Established: 1998
Facilities: Located in a 2400 SF retail strip center in Southeast Dallas with recently updated High end interior design. All equipment is in impeccable condition and in working order.Support/Training: Owner will provide training during a 4 week period for a smooth transition into the business.
Reason Selling: Other Opportunities.
Competition: There's a pizza chain within the immediate market area, but the pizza chain doesn't affect sales since it is not a true competitor that sells Italian cuisine is within the area.
Growth And Expansion: Local marketing is done through door hangers and chambers of commerce to promote this business. Proactive marketing will drastically increase the sales after it reaches target audience.
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