For Sale: Popular Pizza Restaurant
Offered at $60,000
Restaurant Realty Group has been retained to offer for sale a small and profitable pizza restaurant in Helotes Texas, a rapidly growing area literally a minute or two outside of San Antonio. Rome's Pizza is a popular San Antonio pizza chain and one of the franchisees is ready to retire, leaving an opportunity to buy the franchise or place your own concept in this well designed and well maintained space.
Photographs
The following photographs represent the current condition of the restaurant space and the property inside. Clearly, it's a beautiful turnkey restaurant in need of a solid concept and operator. To view additional photos, click the icons below. Or, click the "Play" button in the upper left hand corner of the current photo to automatically cycle through the full set of photos. (You may first need to click the current photo to see the "Play" button.)
Financial Info
The owner has provided the following financial reports for your review. They include P&L Statements for 2017 and 2018 as well as a payroll summary for 2018. Tax returns are available for viewing.
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2016 FINANCIALS
Gross Sales: $639,427 Reported Income: $26,122 Seller's Discretionary Income: Approx $66,122 2016 Tax Return 2016 P&L Part Time Employees: 6
Full Time Employees: 4 |
2017 FINANCIALS
Gross Sales: $493,828 Reported Income: $22,010 Seller's Discretionary Income: Approx $62,010 2017 Tax Return 2017 P&L |
2018 FINANCIALS
Gross Sales: $356,224 Reported Income: $54,203 Seller's Discretionary Income: $XX,XXX 2018 P&L |
Facilities
Located literally a minute or two outside of San Antonio in Helotes, Rome's is strategically located in Hill Trail Center which is within a high traffic area that is dense with rooftops and nearby businesses. Rome's operates in a 2,064 sf space that is perfectly sized for the operation. The shopping center and the restaurant are both very fresh and well maintained.
Furniture, Fixtures & Equipment (FF&E)
This is can be either a stock sale or an asset sale. Either way, it includes all of the furniture, all of the fixtures, and all of the equipment inside of the space... including tables & chairs, menu boards, walk in cooler/freezer, multiple vent hoods, pizza ovens, fryers, prep tables, small wares, POS system, office equipment, security system, audio system, and much more. It's a complete and working restaurant that's been profitable from Day 1.
The cost of starting a restaurant from scratch is HUGE. Fundamentals like heating, air conditioning, vent hoods, plumbing, electrical, grease traps, sewage and fire suppressant systems cost far more than many people realize. For example, starting with a 2,000 SF shell, it's not uncommon for tenants to pay $400,000 and up for a complete build out... making it much less expensive for independent and small chain operators to purchase an existing restaurant operation than to start from a shell.
| Romes Equip List.pdf |
Premises Lease
The current owner is in a lease agreement with the landlord. The term of the lease is through September 30, 2022 with two five (5) year options. The base lease is fixed at $3096 per month plus taxes, insurance and CAM of $1527, combined they equate to a total monthly rent payment of about $4,623 per month. The entire lease can be downloaded below.
| Rome's Lease Agreement |
Location Information
The restaurant is located just outside Loop 1604 at 12411 Bandera Rd, Helotes, TX 78023, and is currently operated as Rome's Pizza. It's strategically located in a small shopping center that is perfectly situated to serve both San Antonio and Helotes.
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Demographic Data
The following demographic report provides valuable information and insights specific to Rome's Pizza in Helotes, broken down into the traditional one, three and five mile rings. The report is in-depth and interactive. Move the mouse over pictures and graphs for additional information. Please, take your time and study this information. If you have a current location, or locations, you wish us to compare in a report, please contact us and we will be happy to work with you.
Use the up and down arrows on the report below to view additional pages.
If you are a qualified buyer with further interest in this business, please contact us. We'll be happy to help you with any questions, comments, concerns or requests that you have. If you would like to schedule a tour of the space, please propose two dates and times in the "Comment" box and we will do our best to accommodate you.
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Broker Info
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DISCLAIMER: The above information was supplied by the seller and has not been verified by broker. Broker makes no representation about the accuracy or completeness of the information and does not guarantee future performance. It is the responsibility of a prospective buyer to make their own inspection of all financial and other business records, and to seek independent financial and legal counsel regarding any purchase of this business and/or real estate.
