Close

Choose your country

Or view all businesses for sale

Worldwide

Advertisement

Absentee Owner Business For Sale

North Dallas, Collin County, Texas, US
Asking Price:
$779,000 Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
$1,047,032
Cash Flow:
$225,000

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.

Property Information

Real Estate:

Lease

Location:

The location is prime and heavily benefits the business; this pizza restaurant occupies a 2,000 sq. ft. 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.

Size in square feet:
2,000 SF

Business Operation

Expansion Potential:

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.

Competition / Market:

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.

Reasons for selling:

Other Opportunities

Employees:
5FT/5PT
Years established:
1992

Other Information

Support & training:

The owner will provide a two-week training period to allow a smooth transition into the business.

Financing available:

100% down at the time of closing or 50% Cash Down with SBA Financing for Qualified Buyers with Industry Experience.

Furniture / Fixtures value:
$50,000 - included in the asking price
Inventory / Stock value:
$4,500 - included in the asking price
Related Documents: