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37692 - Pizza Tavern With Growth Trends! For Sale

DFW, Texas, US
Asking Price:
$199,999 (USD) Furniture / Fixtures included
Sales Revenue:
$824,096 (USD)
Cash Flow:
$54,575 (USD)

Location, location, location! Conveniently located in a high traffic location within the Dallas area of DFW, Texas, this full-service restaurant specializes in the sale of traditional and vegan gourmet pizzas, sandwiches, appetizers, salads and classic cocktails or beers. This niche 1,975 square foot facility features a dining room occupancy of 50 guests and a commercial grade kitchen, leased with options to renew. Natural growth is underway as the city has begun a multi-million dollar renovation project for events & attractions in the immediate area, within a quarter mile, the brand new hotel coming with it will have hundreds of rooms and is certain to attract and retain more patrons within walking distance. Also, several of the entertainment venues within walking distance are scheduling events and this will surely increase the walk-in first time customer base. With raving reviews, the vegan options are increasing the restaurant’s popularity. The pizza oven is less than 2 years old and the location has also been well maintained, able to handle the extra capacity of five cooks. During the standard transition of up to three months and open to staying longer with compensation, owner can assist individual or franchise buyer with many facets of the business, such as hiring new staff as needed. Many growth opportunities exist through enhanced advertising, delivery, and diversification of menu items. Total revenues for 2019 reached $824,096, alongside Seller Discretionary Earnings of $54,575, based on an independent evaluation!

Property Information

Real Estate:

Lease

Lease Terms:

Holds a monthly tenancy of $3,300.

Size in square feet:
1,975+/-

Business Operation

Reasons for selling:

Approaching retirement and/or pursuing other interests.

Trading hours:

Mondays from 5PM - 11PM; Tuesday to Thursday & Sundays from 11:00AM to 11:00PM; Fridays and Saturdays from 11AM to 12AM.

Employees:
9 nonunion.
Years established:
2009

Other Information

Support & training:

Standard transition of up to 3 months.

Furniture / Fixtures value:
$155,025 (USD) - included in the asking price

Contact IAG

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