Listing Number: 76931-972695
Seller-financing now available with $300K down payment! Sales for May and June are higher than 2019!
Located in fast growing Fort Bend county, this full service Italian Restaurant has multiple revenue streams including sit-down dining, takeout, delivery, and catering.
The franchisor of this popular Italian concept opened its first location over 40 years ago and has been consistently ranked in the Top 100 Pizza Companies in America. Their mission is to serve New York style pizza and genuine Italian dishes in an upscale but casual environment. The company now has over 50 locations worldwide, serving up menu items such as margherita pizza, calamari, meatball calzones, chicken parmesan sandwiches, classic lasagna, baked ziti, freshly tossed salads, gourmet soups and more.
The business for sale is located in a shopping center and consists of 2,450 square feet. It's located at a high traffic intersection with easy access and excellent demographics.
This business is very profitable and currently has 14 employees. Per seller's financials, sales in 2019 were $1,056,699 with $302,570 in seller discretionary earnings. The listing price includes FF&E of $300,000, Leasehold Improvements of $300,000, and Inventory of $15,000. The seller is motivated to sell and wants to pursue another business opportunity. The seller will provide two weeks of training in addition to the training provided by franchisor.
This location would be perfect for an owner-operator that enjoys working with people and is looking for a stable business with growth potential.
- Price: $749,000
- Down Payment: $300,000
- Sellers Discretionary Earnings: $302,570
- Total Sales: $1,056,699
- Location: Harris County, Texas
- Inventory: $15,000
- FF&E: $300,000
- Employees: 14
- Year Established: 2008
- Reason for Selling: Other Business Interests
- Category: Restaurants