Business Broker Phoenixaz

Sold! – upscale fine dining restaurant and bar for sale

PRICE: $75,000

INDUSTRY: RESTAURANTS
LOCATION: PHOENIX

Listing description

This beautiful Italian restaurant is in a league of its own. This lavish restaurant is open for lunch and dinner with 180+ seating between the bar and dining area with featured live entertainment. This upscale establishment is fully staffed with servers, bartenders, and a complete kitchen staff. This is a rare opportunity to own a unique restaurant of this caliber. This incredible opportunity is priced at only $70,000

Listing details

Asking Price: $75,000

Gross Income: $867,744

Down Payment: $75,000

FFE: $150,000 (Included in Price)

Inventory: $7,500

Reason For Sale:Other business interest

Training & Support:The seller is willing to train the new owner. The time frame is negotiable.

Operation

Year Established: 2010

Days & Hours of Operation: Mon - Sun 4pm to 10pm

Owner Hours Per Week: 40

Employees: 4 - FT 21 - PT

Location

General Location: Phoenix

Monthly Rent: $12,000

Square Footage: 6,000

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