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Texas Restaurants Business For Sale 26245

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Restaurants Businesses For Sale
UNION BAY GROUP
3401 Evanston Ave. N. Ste. A
Seattle, WA 98103
UNITED STATES

p.2067831717
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Category: Restaurants SIC:
Detail: N/A Price: $995,000
County: Down: $149,250
State/Prov.: TX Adj Net: $285,614
Country: USA Sales: $2,225,835
Relocatable No Home based No Franchise No Lender pre-qualified No
Business Description

Throughout their 41 year history, this three location central Texas Pizza Restaurant Icon has become the gourmet pizza lover's first choice for an all-natural topping-filled thick and original deep pan pizza, inspired by an old Chicago recipe in their three Central Texas locations (North, Central and South). Reviews by the critics and testimonials from their customers attest to this, as do the millions of fans who have sat down in their unique restaurant booths and were served sizzling hot pizzas in old-fashioned seasoned deep pans in each of their three locations serving the Central Texas the marketplace over the last 41 years. As the first and only Deep Pan Specialty Pizza in the marketplace this Pizza restaurant operation has become and maintains its position as an icon in the Central Texas and the gourmet pizza leader. With the coverage of the Central Texas marketplace coupled with their long term relationship their loyal customer base, the Company is well position for continued growth in the Central Texas marketplace



Detailed Information

Facilities:

Headquarters (Leased) Monthly rent / Lease: $1,300.00 / Month Annual rent / Lease: $15,600.00 Annually

Lease expiration date: August 31, 2018

Space Leased 900 Square Feet



Central Location (Leased) Monthly rent / Lease: $5,835.20 / Month Annual rent / Lease: $70,024.40 Annually

Lease expiration date: July 31, 2018

Space Leased 2,121 Square Feet



North Location (Leased) Monthly rent / Lease: $8,650.00 / Month Annual rent / Lease: $103,800.00 Annually

Lease expiration date: August 31, 2018

Space Leased 3,100 Square Feet



South Location (Owned) Monthly rent / Lease: $4,500.00 / Month Annual rent / Lease: $54,000.00 Annually

Lease expiration date: August 31, 2018

Space Leased 2,000 Square Feet



Competition:

There are certainly other Pizza restaurants in the marketplace. The advantages of this operation over the competition are as follows;

1.) 41 years of success in the Central Texas / Austin marketplace

2.) The only Deep Pan Pizza available in the Central Texas marketplace

3.) Three locations (North, Central, South) serving the entire marketplace

4.) Efficient delivery services to the Central Texas marketplace

5.) Restaurant ambiance / service.

6.) Serves the a major Central Texas University locale.

7. ) The quality of the product they serve.

Growth & Expansion:

With the coverage of the marketplace coupled with their long term relationship with Central Texas Pizza followers, this Company is well positioned for continued growth in not only the Central Texas marketplace but marketplaces outside of the main marketplace currently served.



Financing:

Seller will seller finance to lender requirements



Support & Training:

Ownership will provide all the training necessary to insure a smooth transition of ownership.



Reason for Selling:

Planning for Retirement
A/R: Real Estate: $
Inventory: $47,439.00 Other Assets: N/A
FF&E: $125,792.00 Total Assets: N/A
Leasehold: $16,500.00 Included: N/A

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