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Upscale Italian Restaurant For Sale

NW Dallas, Tarrant County, Texas, US
Asking Price:
$1,150,000 Furniture / Fixtures included
Sales Revenue:
$2,074,416
Cash Flow:
$324,108

An upscale Italian seafood restaurant with a full bar is now available for acquisition. Established in 2023, this dining destination offers high-quality Italian dishes during dinner service, with additional services including dine-in, catering, private events, wine pairing dinners, and cooking classes. The restaurant has quickly built a strong following for its innovative and high-quality menu.

Located in Northwest Dallas, the restaurant is situated in a retail strip along a busy intersection, providing excellent visibility in an affluent residential area. The space is 3,107 sqft, serving a clientele of well-educated professionals and families. The business attracts both young families and retirees who value quality dining, creating a steady and diverse customer base.

Competition in the area is minimal, with no direct competitors nearby. The restaurant stands out due to its high-quality offerings, innovative recipes, and upscale atmosphere, all of which have been enhanced by a recent $400,000 investment in renovations. The restaurant also features brand-new, top-of-the-line kitchen equipment from the renovations, enabling smooth operations and efficiency.

Marketing efforts are handled by a third-party company, managing SEO and website presence, while word of mouth has also played a key role in building the customer base. There is significant growth potential, with the possibility of expanding into an adjacent space, allowing for increased capacity and expanded offerings.

The current owner operates the restaurant as both the manager and executive chef. However, the skilled staff is capable of stepping into these roles, ensuring a smooth transition for a new owner. Due to personal reasons, the owner is seeking a qualified buyer to take over this well-established business, offering a prime opportunity to acquire a newly renovated, upscale restaurant with a strong reputation and growing revenue.

  • Dinner only
  • $400,000 in renovation
  • Brand New Equipment

Property Information

Real Estate:

Lease

Location:

Located in one of the most affluent cities in Northeast Fort Worth, the restaurant occupies a 3,107 SF space situated in a retail strip along a busy intersection.

Size in square feet:
3,107 SF

Business Operation

Expansion Potential:

There is significant growth potential, with the possibility of expanding into an adjacent space or expanding business hours to be open for brunch on the weekends.

Competition / Market:

Competition in the area is minimal, with no direct competitors nearby.

Reasons for selling:

Personal Reasons

Trading hours:

The owner will provide training for an agreed upon amount of time.

Years established:
2023

Other Information

Financing available:

100% cash down at closing or SBA financing with a 20% cash down for qualified buyers.

Furniture / Fixtures value:
$200,000 - included in the asking price
Inventory / Stock value:
$50,000
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