Well Established & Profitable Italian Restaurant and Pizzeria For Sale

Plano, TX
Asking Price:
$599,000
Cost Flow:
N/A
Gross Revenue:
$1,488,158
Inventory:
$5,000
EBITDA:
N/A
Rent:
N/A
FF&E:
$184,000
Established:
2020

Business Description:

Priced for Quick Sale!

Little Rome Restaurant & Pizza is a very well known successful and highly profitable full service BYOB Italian restaurant located in West Plano, located in an established neighborhood with many businesses close by. The business has potential of 20% – 25% profit with proper management and optimization of high cost items. This restaurant has been serving their community while establishing a loyal customer base. This is a destination for the locals and surrounding communities. This popular restaurants offers a potential buyer a substantial yearly income. This turnkey business presents an excellent opportunity for a passionate entrepreneur or an experienced restaurant owner looking to expand their portfolio. With its strong financial performance, prime location, and dedicated customer base, this Italian restaurant and pizzeria is poised for continued success.

Little Rome Restaurant & Pizza offers private events, catering, take out and an outstanding dine-in experience with some of the finest Italian food around. There is a beautiful dining room and a private room that together seat over 80 people. There is also outdoor seating providing a wonderful atmosphere with additional seating capacity of 24 people.

Little Rome Restaurant & Pizza creates a warm and inviting atmosphere for patrons and prides itself on great service, quality food, and reasonable prices. In addition to a full staff of excellent employees, this restaurant has an experienced, full-time manager in place that runs all the day to do operations.

A new buyer could grow the business even more by opening on Sunday. This is an outstanding turnkey opportunity for a buyer with restaurant knowledge and experience.

Please fill out the designated form with your contact details to receive more information. You will receive NDA email, which can be signed electronically. We recommend checking your junk mail folder if you do not find the NDA email in your inbox. Once we receive your completed NDA, we will promptly share additional details of the business.

Detailed Information:

Location:
Plano, TX
Inventory:
Included in asking price
Real Estate:
Leased
Building SF:
3000
Lease Expiration:
2025-07-01
Employees:
27
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
Little Rome Restaurant & Pizza is a turnkey operation with all the equipment in place to operate a business. It has a grease trap of 2000 gallons. Equipped with 20 ft Type 1 vent and a 6 ft Type 2 vent. There are a couple of delivery vehicles also included in the sale. Outside patio has multiple heaters and beautiful lights. Furniture, fixtures, equipment used in business activities are included in the offering. A detailed list of FF&E and vehicles is in process and will be provided upon request.
Competition:
After the pandemic, the restaurant industry faced profound changes which lead to a shift to takeout and delivery, and the acceleration of technology adoption. This restaurant has been able to stay ahead of the labor shortages and supply chain disruptions by embracing strong relationships with both employees and the community. The restaurant maintains a robust and loyal customer base, which allows it to stand out from its competition.
Growth & Expansion:
Opening on Sunday and additional marketing for special events and catering would increase the business revenue. The United States Full Service Restaurants Market size is estimated at 324.90 billion USD in 2024, and is expected to reach 554.12 billion USD by 2029, growing at a CAGR of 11.27% during the forecast period (2024-2029).
Support & Training:
2 weeks
Financing:
Upto $200K of seller financing available for Qualified Buyer
Reason for Selling:
The absentee owner has other more lucrative venture where he wants to focus.
Business Website:
https://thelittlerome.com
Franchise:
N/A

Contact Form

Business Listed By:

Wasim Khan
Paradigm Business Brokers