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Established Italian Franchise In Nw Houston For Sale

Texas, US
Asking Price:
$95,000 (USD) Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
$582,923 (USD)
Cash Flow:
$51,457 (USD)

TRANSWORLD BUSINESS ADVISORS OF HOUSTON. LISTING REF. #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.

Established location. Brand is over 40 years old. Location opened in 2015.

Marketing efforts could be enhanced with the increased use of social media

Beautifully designed with gorgeous and quality leasehold improvements. Sits on a major road with heavy traffic and high visibility.

Business Operation

Reasons for selling:

Owner has multiple businesses and is looking to downsize

Trading hours:

Sun. - Thurs. 11AM - 9PM, Fri. - Sat. 11AM - 10PM

Employees:
13
Years established:
2015

Other Information

Support & training:

2 weeks

Owner financing:
Owner financing is available. Please contact the seller for more information.
Financing available:

50000.00

Furniture / Fixtures value:
$161,000 (USD) - included in the asking price
Inventory / Stock value:
$7,000 (USD) - included in the asking price

Contact Transworld Business Advisors of Houston

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