Established Italian Franchise in NW Houston

, Texas 6 views 0 favorites

Financial Highlights
Asking Price
$119,000
Revenue
$582,923
Business Description

TRANSWORLD BUSINESS ADVISORS OF HOUSTON. LISTING REF. #76931-172976 The franchisor of this popular Italian concept opened its first location over 40 years ago and has been consistently ranked in the Top 100 Pizza Companies in America. Their mission is to serve New York style pizza and genuine Italian dishes in an upscale but casual environment. The company now has over 50 locations worldwide, serving up menu items such as margherita pizza, calamari, meatball calzones, chicken parmesan sandwiches, classic lasagna, baked ziti, freshly tossed salads, gourmet soups and more. Multiple revenue sources: dine-in, delivery, take-out, and catering. Revenues in 2020 for this business were $580K, $775K in 2019, and $905K in 2018. Seller invested approx $400K in buildout and equipment. Monthly rent is $11,595 for 3,200 square feet. Seats approximately 140 including patio. Licensed for liquor, beer and wine. Currently absentee operated but ideal for owner-operator in order to get business back on track. Staff of approximately 11. Franchisor training provided. Owner has multiple businesses and is looking to downsize. Established location. Brand is over 40 years old. Location opened in 2015. Marketing efforts could be enhanced with the increased use of social media Beautifully designed with gorgeous and quality leasehold improvements. Sits on a major road with heavy traffic and high visibility. Location: Houston, Texas Year Established: 2015 Number of Employees: 13 Real Estate: Leased Building Sq. Ft.: 3,200 Rent: $11,595.00 Per Month Lease Expiration: 12/31/2024

Business Details
Industry:
Restaurants & Food
Real Estate Included:
No
About the Seller
AU
Admin User
6498
Active Listings
New
Member Since

Listed: Apr 18, 2022

Updated: 6 hours ago

Views: 6

Favorites: 0