Seller's Contact Information
- RE: Authentic Italian Restaurant
- Contact: Reuel \'Ruly\' Couch
Quick Facts
| Asking Price: | $550,000 | |
| Annual Revenue: | $1,200,000 | |
| Net Profit: | Not Disclosed | |
| Cash Flow: | $250,000 | |
| Total Debt: | Not Disclosed | |
| FF&E: | Not Disclosed | |
| Real Estate: | Not Disclosed | |
| Year Established: | 2017 | |
| Employees: | 15 | |
| BBN Listing #: | 38277610 | |
| Broker Reference #: | 3182 |
Business Overview:
This is it! Located in the East Valley, this is a real deal, totally authentic Italian restaurant that just oozes old world charm from the genuinely delicious menu to the striking dining room that features tons of banquette seating, to the indoor-outdoor patio bar and the awesome display kitchen made for high-volume service. Perfectly situated in the endcap of an extremely busy shopping center that includes a grocery store anchor and has over 45,000 vehicles traveling the cross streets on a daily basis, this is the complete package just waiting for the right operators to take it to the next level. Mangiamo! $550,000. #3182
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Property Features and Assets:
2,875 square feet, 85 indoor/22 patio seats, rent $9,333.50 fully loaded, lease expires 12/31/2026, lease deposit $6,500 with 2 five year options.
Reason for Selling:
Other business interests.
Additional Details:
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
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