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