Gourmet Pizza Restaurant, North Texas

8 months ago Texas City, United States Ad Views:524 Ad ID: 3482

Additional Details

  • Ad ID3482
  • Posted On8 months ago
  • Ad Views524
  • Price$425,000

Description

Very Successful Gourmet Pizza Cafe that originated in North Texas is selling one of its very profitable locations. It has the benefit of name recognition, but it is not a franchise—so there is freedom and flexibility without franchise fees and direct oversight. This successful Pizza Cafe is unique in design and provides a casual-dining atmosphere with relaxing elegance for all to enjoy. The dough is made two-to-three times a day for freshness, and all of the ingredients are FRESH, as well. The Restaurant is located in a high-traffic, visible location and has many faithful, repeat customers. The owners have put additional dollars in the decor over the past year to keep the location looking great and to provide a comfortable atmosphere for their customers.

Last year sales at this location were $976,000.00 dollars and the SDE over the last three years is $144,000.00 per year. This opportunity is priced right at $425,000.00. We used a 2.5 multiplier and a very conservative FFE and Inventory value of $65,000.00. It is a turn key operation with full staff and cooks in place. Great Opportunity to get into the Restaurant industry! 

3482