Description

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 4 pm to 10 pm

Owner Hours Per Week: 40

Employees: 4 – FT 21 – PT

Location

General Location: Phoenix

Monthly Rent: $12,000

Square Footage: 6,000

Description