Owner Operated Italian Restaurant Chain (3 Locations) For Sale
Texas
| Asking Price: | $649,000 |
| Gross Revenue: | $3,954,807 |
| Established Year: | 1998 |
| Cash Flow: | $90,000 |
| Inventory: | $20,000 |
Listing ID: 2142651Listing provided by BizBuySell
BUSINESS DESCRIPTION
3 Italian Franchise Restaurants For Sale
3 franchised restaurants for sale (all cash deal required). Seller will need to run one restaurant (or break even until business improves) and manage the others through the great GMs on staff. Restaurant experience/ownership required for disclosure and typical franchise operational and financial requirements will need to be met. The restaurants have been open since 1998, facilities recently refreshed and have survived the many annual ebbs and flows, including COVID and inflation. These three restaurants are doing a per store sales average of $1.3M. Stores are fully staffed at management and staff levels and poised for growth. Seller is retiring after owning the business since 2014.
DETAILED INFORMATION
Location
Texas
Inventory
Not Included in asking price
Employees
60
Facilities
3 restaurants in very solid markets and locations. Survived COVID and inflation and beginning to show promise. Buyer will need to understand the market and the current trends in the quick service restaurant market and also have the liquid and net worth to be approved by a national Franchisor. This business will flourish if the buyer invests in marketing and some facility upgrades to build the business. It is required by the seller that the prospective buyers understand the above and has restaurant and franchise experience.
Support & Training
Seller will transition for 30-60 Days
Reason for Selling
Retirement
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