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Well Known Italian Restaurant In South Houston For Sale

Texas, US
Asking Price:
$245,000 (USD) Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
$515,000 (USD)
Cash Flow:
$155,000 (USD)

This award winning Italian restaurant opened in 2008 and is located in south Houston. It's a great opportunity for a buyer to run on a semi-absentee basis.

The store atmosphere is family-friendly, casual and relaxed with an Italian vibe. Menu items include authentic brick oven pizzas, pastas, subs, and salads. Dine-in, carry out, delivery, and catering provide multiple revenue streams!

The restaurant for sale has 3,600 sq ft and is located in an area with excellent access, visibility, and traffic counts. The monthly rent (including CAM) is only $2,100! The business had $515,000 in annual revenue with $155,000 in discretionary earnings in 2021.

The listing price includes over $50,000 in FF&E, $50,000 in Leasehold Improvements, plus $4,000 in Inventory. There are 8 employees including a manager on staff. The owner will provide 2 weeks of training to ensure a smooth transition. Additional time is available upon request. The current owner wishes to relocate to spend more time with family.

Opening on Mondays and obtaining a beer/wine license are some immediate opportunities for sales growth. Increased marketing and sampling to nearby businesses, schools, and churches will also help increase revenue going forward. There are strong delivery, catering, and special event opportunities in the area.

Business Operation

Reasons for selling:

relocation

Trading hours:

Tues - Sun: 10a - 10p, Mon - closed

Employees:
8
Years established:
2008

Other Information

Support & training:

2 weeks

Owner financing:
Owner financing is available. Please contact the seller for more information.
Furniture / Fixtures value:
$50,000 (USD) - included in the asking price
Inventory / Stock value:
$4,000 (USD) - included in the asking price

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