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Business for Sale Summary

Italian Restaurant for sale in Travis County - 34347

Business Type: other eating & drinking places,restaurant/ cafes/ diners,pizza parlour
Italian Restaurant for sale in Travis County
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This business has received 4 indications of interest - Act Quickly!

Financial Information (non-confidential)

General Information
Asking Price $480,550 Down Payment $480,550
Gross Revenues $688,806 Lease Remaining Register Free to View
Owner’s Cash Flow $171,624 Number of FT Employees Register Free to View

Financing

$480,550 Down and

Business Description

This is an award-winning pizza & Italian franchise opportunity available. This is an established franchise location which does not require the normal up-front expenses for build out, furniture, fixtures, equipment and other start-up expenses which makes this business very attractive to a new owner. Royalty fees will be 3 percent monthly the first 12 months! Our location offers gourmet coal fired pizza with fresh from scratch Italian entree lasagna, baked ziti, fettuccine Alfredo and more. The restaurant is 2200 square feet. A new owner can start up catering service and network with local schools and businesses to increase sales 20% or more. Food cost average is 21%. The restaurant in counter service only. No waitstaff is required making this business operational with less employees. The staff is fully trained and will stay with the new franchisee. We are looking for the next franchisee to build the Austin market. Asking price includes the Franchisee fee. Owner has 3rd party financing for the right prospective new owner. For more information about this prime location contact the broker, Gary Meyn at 1-877-735-5224 today! Check out our video at https://www.youtube.com/watch?v=WS-6jgJhYNo

Attention Business Owners: We are always in search of quality businesses to list, so if you are thinking of selling your business or would like to acquire another business, please email us at listingmanager@vestedbb.com or call us at 1-877-735-5224 to discover the difference that is Vested Business Brokers.

Disclaimer: The financial information in this business listing has been provided by the Seller. Vested Business Brokers, Ltd. (VBB) has not independently verified this information. Therefore, we make no claims as to the accuracy of this financial summary. Vested recommends that you consult with an accountant, attorney and/or other professionals to represent and assist you in any business transaction. One of our associate brokers will arrange a meeting between you, your representatives, and the Seller, but they are not authorized to make any representations or warranties on behalf of the seller or VBB. You agree to hold Vested Business Brokers and its associated brokers harmless for any misrepresentations made by seller.