Listing Number: 76931-172976
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.
Multiple revenue sources: dine-in, delivery, take-out, and catering. Revenues in 2020 for this business were $580K, $775K in 2019, and $905K in 2018. Seller invested approx $400K in buildout and equipment. Monthly rent is $11,595 for 3,200 square feet. Seats approximately 140 including patio. Licensed for liquor, beer and wine.
Currently absentee operated but ideal for owner-operator in order to get business back on track. Staff of approximately 11. Franchisor training provided. Owner has multiple businesses and is looking to downsize.
- Price: $ 119,000
- Down Payment: --
- Sellers Discretionary Earnings: $ 51,457
- Total Sales: $ 582,923
- Location: Harris County, Texas
- Inventory: $ 7,000
- FF&E: $ 161,000
- Employees: 13
- Year Established: 2015
- Reason for Selling: Owner has multiple businesses and is looking to downsize
- Category: Restaurants