Updated Listing! Profitable Fine Italian Cuisine in DFW

, Texas 17 views 0 favorites

Financial Highlights
Asking Price
$395,000
Revenue
$1,052,676
Business Description

Texas Restaurant Advisors and bigInk Commercial Real Estate requires an NDA and buyer profile to be completed before any confidential information is released. Take advantage of profitably serving fresh antipasti, crisp salads, artisan hand tossed pizzas with premium toppings, fine wine and more in a fantastic location in North Dallas. This business was originally established in 2008, this nicely finished out space is comfortably decorated with upscale Italian themed décor, stained wooden chairs, bar stools, exposed brick walls, artistic tile work, pendant lighting, built in specialty pizza oven, glass display case for homemade desserts and more special touches. The business is located on an end cap with an open-air patio situated in a fine retail area directly off a major highway in North Dallas. The intersection and its thoroughfares have very high traffic counts plus the center enjoys a high volume of daily foot traffic making it a destination. The restaurant is perfect for dinner, family meal pick up, 3rd party delivery services, professional lunches, weekend shoppers, travelers and residents in nearby apartments and housing. The working owner has enjoyed its profitability. In 2020, the adjusted earnings $143,188. In 2021, year end sales were $1,052,676 with adjusted earnings of $139,307. That number includes net income, one working owners salary and partial GM salary. A new owner could self manage or keep the GM in place and profit $97,307. Location: Dallas, Texas Year Established: 2008 Number of Employees: 7 full / 2 part Franchise: Yes Real Estate: Leased Building Sq. Ft.: 2,600 Rent: $8,442.00 Per Month Lease Expiration: 5/31/2026 Facilities: The approximately 2,600 square foot restaurant is located in an exclusive retail center in North Dallas. Built in 2008, the mixed-use office and retail development on 4.5 acres is designed as a walkable neighborhood mall. In addition to numerous dining and shopping options, the three-building mall makes use of extensive landscaping, walkways, seating areas and a central fountain to provide an enjoyable outdoor experience for its patrons. Near a major intersection, the traffic counts are very high and the shopping center itself is a high foot traffic area. The kitchen is fully furnished with normal equipment along with specialty equipment needed for homemade pasta and pies. Market Outlook/ Competition: Competition in restaurants is inevitable. This restaurant does have a competitive advantage do to it's location, style of pizza that is served, homemade sauces and more. Growth & Expansion: New owners can continue what has shown to be a success since 2008. Expansion opportunities may include increased catering to local businesses, Yelp check in discounts to increase the number of reviews, increased social media presence on Facebook and Instagram, utilize Hootsuite to coordinate advertising daily specials and catering options across multiple platforms and more.

Business Details
Industry:
Restaurants & Food
Real Estate Included:
No
About the Seller
AU
Admin User
6498
Active Listings
New
Member Since

Listed: Apr 14, 2022

Updated: 14 hours ago

Views: 17

Favorites: 0