Brand new Italian restaurant with express concept located in wealthy city is available for acquisition. This business was originally established by the current owner in 2017. Competition is expected for Italian restaurant businesses, but the surrounding immediate market area has no true competitor that can compete with this business. Most of the customers are Caucasian individuals with high level of income from the nearby office buildings and families from the surrounding densely populated residential neighborhoods. Net sales average was $35,000/month that has grown steadily since the inception of the business and after some local marketing was done. While some marketing was done locally through direct mailing and print ADs, other forms of proactive marketing is crucial to the further growth of this business as there are many areas left untapped. There are many ways to proactively market this business such as daily specials, delivery service, 3rd party delivery service, catering, social media outlets, family combos and more owner involvement. Utilization of the local marketing campaign will be very beneficial to growing the business since the traffic from the highway is immense and has potential to attract many individuals as this is an express concept meant for quick service. Owner involvement is necessary for this business to achieve the cash flow shown in the AD and generate much more potential sales. This business has everything in place for a potential buyer to be proactively marketing this business and being fully involved in the day-to-day operations.
Furniture, Fixtures & Equipment: $90,000 (Included in listed price)
Inventory: $5,000 (Included in listed price)
Financing: 100% down at the time of closing or 50% Cash Down with SBA Financing for Qualified Buyers with Industry Experience.
Year Established: 2017
Facilities: This business is located in a 2,600 SF retail end-cap placed next to a major highway with immense traffic and densely populated residential neighborhoods. All equipment is in impeccable condition and in working order.Support/Training: The owner of the business will provide the necessary training needed to smoothly transition into the business operation.
Reason Selling: Other Opportunities
Competition: There is no true competitor that is within the immediate market area of this business.
Growth And Expansion: Some marketing has been done locally, but other methods of proactive marketing online and locally is needed to generate more cash flow.
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