Fast Casual Pizza Franchise in Central Houston

TRANSWORLD BUSINESS ADVISORS OF HOUSTON. LISTING REF #76931-949417 This build-your-own pizza restaurant opened in 2016 and is located in central Houston just minutes from popular downtown venues. This franchise has been rated as a top food franchise by Entrepreneur, Fast Casual, and Restaurant Business! This brand started in 2008 and has over 75 locations across the United States. The store atmosphere is centered around the hearth of the signature brick oven and designed to blend their Italian heritage with the eclectic vibe of their hometown by mixing industrial elements with reclaimed wood and vintage tile. Menu items include authentic brick oven pizzas, pastas, chopped salads, paninis, gelato, and 25 taps of craft beer. Dine-in, carry out, delivery, and catering provide multiple revenue streams! The restaurant for sale has 3,093 sq ft and is located in an area with excellent demographics, visibility, and traffic counts. The monthly rent (including CAM) is $7,176. The business averaged about $550,000 in annual revenue (pre-covid) with $80K in discretionary earnings. Lunch business was weak in 2020 and beginning of 2021 since many offices were closed in the area due to covid. Revenues in 2021 are returning to normal levels and will continue to increase into 2022 as offices, conference centers, and nearby venues reopen. A new 326-unit apartment building is also opening nearby in early 2022. The listing price includes over $60,000 in FF&E, $150,000 in Leasehold Improvements, plus $5,000 in Inventory. There are 7 employees including 2 managers on staff. The owner will provide 2 weeks of training to ensure a smooth transition. Additional time is available upon request. The current owner is active in the business but wishes to retire in order to spend more time with family. Increased marketing and sampling to nearby businesses, schools, and churches will help increase revenue going forward. Obtaining a liquor license is another opportunity for growth. There are also strong delivery, catering, and corporate opportunities in the area. Location: Houston, Texas Year Established: 2016 Number of Employees: 7 Real Estate: Leased Building Sq. Ft.: 3,093 Rent: $7,176.00 Per Month Lease Expiration: 6/29/2025