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Local Italian Restaurant -Profitable, Wine Bar, Excellent Demographics

Maricopa County, AZ
Award Winning Flavors
Asking Price:$699,000
Gross Revenue:$2,874,514
FF&E:$230,087
Cash Flow:$250,000
Inventory:$205,000
Established Year:1993
Listing ID: 2277308Listing provided by BizBuySell
BUSINESS DESCRIPTION

Discover unparalleled success with this turnkey gem—an acclaimed Italian restaurant showcasing over thirty years of culinary brilliance. Located in the bustling heart of Arizona, this established eatery has cemented its legacy with a steadfast reputation.

Open daily, the restaurant is a consistent revenue generator, effortlessly surpassing $2 million in earnings. Delight in owning this neighborhood establishment that provides a genuine culinary experience featuring tantalizing drinks, fine wines, delectable main courses, and divine desserts.

Grab this unique opportunity to own a thriving business and contribute to its continued success. Don’t miss out—get started by completing a Non-Disclosure Agreement to learn more and take the next steps. Visit:

https://www.gilecre.com/arizona-italian-restaurant-for-sale.

SBA Lenders ready to finance your next adventure.

DETAILED INFORMATION
Location
Maricopa County, AZ
Inventory
Included in asking price
Real Estate
Leased
Building SF
5,600
Employees
23
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
This turnkey restaurant is situated in a neighborhood center with anchor tenants in the entertainment sector, ensuring steady repeat business. The venue boasts a full kitchen, bar, and restaurant space that hosts live music on most evenings, fostering a welcoming local atmosphere and offering exceptional cuisine. The sale includes a Series 12 Liquor License and food inventories. While alcohol inventory is not included in the purchase price, it is available for separate acquisition.
Competition
5 mile Demographic highlights: 372k population 150k households Avg Household Inc $97k. This restaurant is the leader in its segment, located in an established area with excellent demographics. Its location, service and menu all offer unique advantages to others in the area. The surrounding areas boast higher household incomes, and strong daily traffic.
Growth & Expansion
-Expansion of Private Party/Meeting Space business. -Creative menu additions like appetizers -Additional marketing activities -Special events
Financing
SBA Pre-Approved for qualified buyer.
Support & Training
Sellers will ensure smooth transition to new owners.
Reason for Selling
Retirement
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Ryan
Nicholas
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Ryan Nicholas
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