Family Italian Restaurant in the East Valley

Gilbert, AZ
Maricopa County

East Valley

Asking Price: Annual Revenue:
$165,000 $850,000

Food & Beverage: Restaurants, Fast Food, Deli

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RE: Family Italian Restaurant in the East Valley Broker: Tony Gonzales

Quick Facts

Asking Price: $165,000
Annual Revenue: $850,000
Net Profit: Not Disclosed
Cash Flow: Not Disclosed
Total Debt: Not Disclosed
FF&E: $75,000
Real Estate: Not Disclosed
Year Established: 2011
Employees: 19
BBN Listing #: 780528597
Broker Reference #: 11156

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Business Overview:

Great opportunity to purchase an established Italian Bistro in the East Valley. This successful family restaurant has been in the same location for over 8 years and offers many loyal customers a great variety of authentic Italian dishes. Fully equipped kitchen with commercial dishwasher, walk-in, 6 burner stove, new slicer, hood and even a full size pizza oven. Great decor package includes all tables and chairs, custom art work, POS system etc. etc. This business also has a #12 liquor license and nice bar area. This is the perfect turn-key situation for a Chef/Owner Operator to run their own restaurant with a very established and local customer base. Situated in a busy shopping area in a growing suburb with lots of families that are in the area year-round. Restaurant has inside seating for over 65 and a patio area that can accommodate an additional 20. Below market rent on a long term lease that could be assigned to a new owner, pending landlord approval. Seller Financing is available to a qualified buyer with a Substantial Down Payment. All inquiring parties will need to sign a non-disclosure agreement before receiving any more details.

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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 a homebased business opportunity.
  • This is not a franchise resale opportunity.

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