Award Winning Italian Restaurant

Not Disclosed, AZ Pima County

Asking Price: $695,000

Annual Revenue: $2,239,910

Food & Beverage: Restaurants, Fast Food, Deli

◄ Back to Search Results

Request More Information Contact the Seller

RE: Award Winning Italian Restaurant
Contact: Not Disclosed

Quick Facts

	Asking Price:	$695,000
	Annual Revenue:	$2,239,910
	Net Profit:	$71,678
	Cash Flow:	$199,319
	Total Debt:	Not Disclosed
	FF&E:	$25,000
	Real Estate:	Not Disclosed
	Year Established:	2005
	Employees:	36
	BBN Listing #:	944192
	Broker Reference #:	L-2447

Email or Print Listing

Business Overview:

If you're looking for a business opportunity to own, expand, and enjoy, this well-established restaurant and bar business is perfect for you. Don't miss out on this exceptional venture!

This beloved restaurant is renowned for its authentic, made-from-scratch Italian food. Along with an eclectic selection of Italian specialties, this restaurant also offers a unique, vast assortment of wines, spirits, and beers. It has been awarded Best Casual Dining, Best Family Dining, and Best Happy Hour.

This restaurant is located in a great area with thriving surrounding neighborhoods and diverse array of businesses and area activities nearby. This restaurant creates a warm and inviting atmosphere for patrons and prides itself on great service, quality food, and reasonable prices. In addition to a full staff of excellent employees, this restaurant has an experienced, full-time manager in place that runs all the day to do operations. Absentee Owner!

Business Financials Notes:
Cash Flow (SDE) is based on 3-year weighted average earnings.
Gross Revenue and EBITDA are based on 2023 Profit & Loss figures.

To request more information regarding this listing, simply check the ADD TO REQUEST INFO BASKET button and when you are done searching and have made all your selections, simply click on the REQUEST INFO button at the bottom of the page.

Property Features and Assets:

The facility comes with beautiful, ornate furniture and fixtures. All equipment and supplies are state of the art and top quality. Furniture, fixtures, equipment used in business activities are included in the offering. A detailed list of FF&E and vehicles is in process and will be provided upon request. NOTE: The estimated value of the FF&E has been provided by the Sellers CPA and is based on the current “book value” at $25,000.00.

Market Competition and Expansion:

After the pandemic, the restaurant industry faced profound changes which lead to a shift to takeout and delivery, and the acceleration of technology adoption. This restaurant has been able to stay ahead of the labor shortages and supply chain disruptions by embracing strong relationships with both employees and the community. The restaurant maintains a robust and loyal customer base, which allows it to stand out from its competition.

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

Relevant Links:

Request More Information

BusinessBroker.net is one of the largest business for sale marketplaces in the world that connects tens-of-thousands of business buyers and sellers every month. Sell a Business Online or if you’re a broker or a commercial agent sign up for a Business Broker Membership today!