Business for Sale Overview:
This restaurant has sat in a very affluent part of the east valley for about eighteen years now, six of which are by the current owner. The owner has also owner other restaurants in the valley for over twenty five years which are known for their New York style of Italian food. He shows a net profit last year of $154,329 and is asking $140K down, which means that you should get your original investment back in to time. He doesn't do delivery, but states that it could only help generate even more profits than it already is doing. Business is surrounded by very popular neighborhoods that are well known for their prestige.
For more information regarding this listing please contact us by completing the "Contact the Seller" form to the left. We look forward to hearing from you.
Property Features and Assets:
About 3,000 square feet of space, sits in a large shopping center with a popular store which is the main anchor. Very clean and well kept inside and out and fits right in with the incredibly beautiful neighborhoods which surround it.
Reason for Selling:
Owner is moving.
Additional Details:
- The property is leased.
- The owner is willing to train/assist the new owner.
- This is not a homebased business opportunity.
- This is not a franchise resale opportunity.
- This is not a distressed business or bankruptcy situation.
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