Mediterranean & Italian Restaurant, Event Venue - Dallas, TX

Featured on BusinessForSale.com . 3 viewed

Asking Price

$259,000

FOR SALE - ACTIVE

Detailed Information

Location

Dallas, Collin County,Texas, US

Reason for selling

Not Provided

Real Estate

NA

QUICK STATS

BUYER ANALYSIS

Down Payment

% down

Payback Period

months

Annual Debt Service

% interest, year term

Cash Flow After Debt Service

Debt Service Coverage

x

COMPANY FINANCIALS

Cash flow

(% CF Margin)

Revenue

Furniture, Fixture &
Equipment

Inventory

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Business Description

This well-established Mediterranean and Italian restaurant, also serving as an event center, is now available for acquisition. With a rich history of over 30 years, the venue hosts a variety of events such as karaoke nights, weddings, live music, and private gatherings. The diverse menu features Mediterranean and Italian specialties, complemented by a full bar and live entertainment like belly dancing on weekends. Located at the end of a retail strip center in Dallas, the restaurant attracts a primarily mid to upper-class clientele. The business has seen steady growth in sales, driven by increasing private event bookings and positive reviews. The restaurant's reputation for top-quality food and service has fostered a loyal customer base. Marketing efforts have potential for expansion to further enhance visibility and capitalize on the growing interest in the event business. The current owner oversees weekend events and bookkeeping, presenting an opportunity for a buyer with industry expertise to take the restaurant forward. With continued buzz and the potential for increased marketing, the event business is poised for further

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