Sold! – italian restaurant for sale
PRICE: $129,900
INDUSTRY: RESTAURANTS
LOCATION: TEMPE
Listing description
This beautiful Italian restaurant is in a great location, anchored by a Fry’s shopping center. This 1,875 square foot restaurant is open for lunch and dinner seating 50 between the bar and dining areas and 18 on the patio. This restaurant is fully staffed with servers, bartenders and a complete kitchen staff creating a turnkey operation. The seller is willing to provide some seller financing to the right buyer. The asking price for this incredible opportunity is only $129,900.
Listing details
Asking Price: $199,000
Gross Income: $350,000
Down Payment: $199,000
Cash Flow: $101,500
FFE: $85,000 (Included in Price)
Inventory: $3,500
Reason For Sale:Other business interest
Training & Support:The seller is willing to provide training for the new owner. The time frame is negotiable.
Operation
Year Established: 2005
Days & Hours of Operation: Mon - Sun 11:30am to 9pm
Owner Hours Per Week: 40
Employees: 2FT - 5PT
Location
General Location: Tempe
Monthly Rent: $4,200
Square Footage: 1,875