Seller's Contact Information
- RE: High-end Restaurant In Exclusive Location For Sale
- Contact: Bryan Vitagliano
Quick Facts
| Asking Price: | $1,500,000 | |
| Annual Revenue: | $2,878,158 | |
| Net Profit: | Not Disclosed | |
| Cash Flow: | $436,613 | |
| Total Debt: | Not Disclosed | |
| FF&E: | $350,000 | |
| Real Estate: | Not Disclosed | |
| Year Established: | Not Disclosed | |
| Employees: | Not Disclosed | |
| BBN Listing #: | 593246649 | |
| Broker Reference #: | Not Disclosed |
Business Overview:
This upscale, Italian inspired restaurant has been established for over 20 years. The operation is fully staffed with management in place and employees in key positions both in back and front of house; #12 Liquor license in place. Because of the highly trained and self-managed staff, the new owner does not need to have chef experience. All equipment needed for the continued operation of the business is in place and will be conveyed with the sale.
No expense was spared in the design of the space to provide their customers with an authentic atmosphere. Both a staple in the community and a destination dining spot, this restaurant is a gem with incredible staying power.
The seller is retiring and has positioned the business well for a new owner to be successful. A restaurant opportunity of this caliber is rare in all of Arizona and the asking price is $1,500,000. Please contact the broker for more information.
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Market Competition and Expansion:
There is opportunity for growth.
Reason for Selling:
Retirement
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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