Business Summary
A very motivated seller offers this great 2 year old Italian restaurant in the Arlington area of Dallas / Ft. Worth. The restaurant is a 3,600 square foot space, has a beautiful finish out, nice full service bar area, and seating capacity for up to 175 people. The restaurant occupies an end cap space in a strip shopping center. 80/20 ratio on food to alcohol sales, but alcohol sales could be grown significantly with additional promotion.
Menu prices are mid range of $8 - $14 for entrees. Good lunch and dinner crowds. Seller has other business interests and needs to divest of this venture, but has good ideas to help next owner.
The area is close to a college, and while the restaurant is successful as is, Seller suggests possibly converting restaurant to a sports bar to take advantage of area demographics.
Property Details
Other Business Details
Expansion Potential:
Seller suggests considering a conversion to sports bar theme.
Business Operation Details
Miscellaneous Details
Financing Available:
Yes
Seller may finance a qualified buyer with a minimum of $100K down.
Reason For Selling:
Seller other business interests that demand his time.