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  • RE:  Absentee Owner Business For Sale
  • Contact:  Kevin Chung
  • License #: 567204

Quick Facts

Asking Price: $779,000
Annual Revenue: $914,123
Net Profit: Not Disclosed
Cash Flow: $293,473
Total Debt: Not Disclosed
FF&E: $50,000
Real Estate: Not Disclosed
Year Established: 1992
Employees: 10
BBN Listing #: 950546
Broker Reference #: #001333

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Business Overview:

Absentee owner business for sale! An established pizza restaurant with absentee ownership is now available! Over 30 years ago, the current owner set up this beloved pizza joint in North Dallas, quickly becoming a community favorite. The menu boasts a delectable selection of NY-style pizza, pasta, wings, soups, salads, subs, and other Italian dishes. Its prime location on a bustling retail strip in prominent North Dallas ensures a steady flow of foot traffic, thanks to its proximity to a hospital, medical offices, churches, schools, upscale homes, luxury complexes, and other retail shops anchored by a national chain grocery store.

The customer base primarily consists of mid to upper-income individuals and families. Additionally, this business maintains an established catering account with a nearby hospital and recently acquired an account with a nearby mega-church. Despite competition in the area, this pizza restaurant stands out by offering high-quality cuisine at competitive prices. The business also benefits from strong word-of-mouth referrals, thanks to its loyal customer base cultivated over three decades.

There is minimal marketing outside of the website, but there are positive reviews on Google and Yelp. Implementing proactive marketing strategies could prove highly effective. Expanding the online presence through social media, utilizing direct mail coupons, and using door hangers are all viable options to increase awareness and attract more customers. Additional avenues for growth include slight price adjustments, partnering with third-party delivery companies, offering more gluten-free and healthier menu options, and acquiring more catering accounts.

This is a truly owner-absentee operation with a well-trained staff, including several long-tenured employees managing day-to-day operations. A potential buyer could focus on higher-level management, improving marketing efforts, and expanding corporate catering accounts. The dedicated employees will continue to deliver the consistent quality that customers have come to expect. This business is an ideal investment opportunity, best suited for an investor rather than an owner-operator. To learn more about this lucrative opportunity, fill out a Buyer Registration and NDA with V-AID.

To request more information regarding this listing, simply check the ADD TO REQUEST INFO BASKET button and when you are done searching and have made all your selections, simply click on the REQUEST INFO button at the bottom of the page.

Property Features and Assets:

The location is prime and heavily benefits the business; this pizza restaurant occupies a 2,000 square feet space along one of the busiest retail strips in a prominent North Dallas area near a hospital, several medical offices, churches, schools, upscale single-family homes, townhomes, condos, and luxury apartment complexes creating a steady flow of foot traffic to the immediate area. The kitchen equipment is in great condition, but the POS system should be updated to increase efficiency. The interior should also be updated and improved cosmetically. / Inventory: $4,500 (Included in listed price).

Market Competition and Expansion:

Competition: There is some competition in the area, but this established pizza restaurant stands out by offering high-quality cuisine at competitive prices. The business also enjoys a loyal customer base cultivated over three decades. / Growth and Expansion: Additional avenues for growth include slight price adjustments, partnering with third-party delivery companies, offering more gluten-free and healthier menu options, and acquiring more catering accounts.


Reason for Selling:

Other Opportunities

Additional Details:

  • The property is Leased.
  • The owner is willing to train/assist the new owner.
  • This is not homebased business opportunity.
  • This is not a franchise resale opportunity

Documents:

Relevant Links:

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