Description

Sold! – SBA approved! Highly profitable fine dining restaurant for sale

PRICE: $7,500,000

INDUSTRY: RESTAURANTS
LOCATION: SCOTTSALE, ARIZONA

Listing Description

Premier Location – $1M + EBITDA – Staff In Place – RE Purchase or Lease Option

This fine-dining restaurant provides exquisite food and service to new guests and regulars that have been dining there for years. Developed by a seasoned restauranteur, no expense was spared on the build-out or staff to create the perfect dining experience. This well-run operation produces consistent year-over-year revenues with a 3-year average EBITA of approximately $1.3M. This restaurant is completely turn-key, with managers in place, and all support staff required for daily operations, allowing the business to operate in the absence of the owners for extended periods of time.

The real estate is available for acquisition at $3,200,000.

Please note proof of funds is required before signing an NDA and receiving any information on the business.

Listing Details

Asking Price: $7,500,000

Gross Income: $5,763,209

Down Payment: $7,500,000

Cash Flow: $1,318,260

FFE: $350,000 (Included in Price)

Inventory: $300,000

Reason For Sale: Other Interests

Training & Support: Seller is willing to train. The time frame is negotiable.

Operation

Owner Hours Per Week: 40

Location

General Location: ARIZONA

 

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