Owner Benefits $128K- Busy Italian Restaurant & Bar In So. Phoenix

Business Overview:

Are you ready to take control of your future and own a profitable Italian restaurant and bar in South Phoenix? Located in a well-known, high-traffic area, this well-established business offers $128,000 in owner benefits and generates over $860,000 in annual sales, making it a rare and lucrative opportunity.Since 1995, this beloved Italian eatery has built a loyal following and an outstanding reputation for authentic cuisine and warm hospitality. The inviting ambiance, complete with rustic décor and a welcoming atmosphere, creates the perfect setting for guests to enjoy an exceptional dining experience. Despite operating with limited weekend hours (just 5 hours!), the restaurant continues to thrive, leaving tremendous room for growth. With a full liquor license and a spacious patio, there are endless possibilities for expansion, whether through extending hours, adding catering, or tapping into the local community with special events and promotions.This turnkey operation comes fully equipped with a modern kitchen, full bar, and all necessary amenities to ensure continued success. The low overhead costs, including affordable rent of just $5,800 per month for a 2,100 sq. ft. space, make this an attractive investment. Plus, with lending assistance available, qualified buyers can secure financing with just 20% down.The current owner is committed to a smooth transition and is offering training to help the new owner hit the ground running. Opportunities like this are rare in South Phoenix, and with its strong financial performance and prime location, this restaurant won't stay on the market for long. Serious inquiries only—buyer prequalification of $70,000 is required for full business details. Contact We Sell Restaurants today to learn more or view the 360-degree virtual tour included in the listing package.?? By providing your phone number to We Sell Restaurants, you agree to receive text notifications.

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Property Features and Assets:

EQUIPMENT LIST 52 outside chairs14 patio tables 54 dining room chairs16 dining room tables13 barstools3 commercial phones2 65 in Smart TVs4 mini wine fridgesBread warmerHatco Glo Ray FoodwarmerJockey Box4 hand sinks6 ft bar coolerPro Clean dish machine3 compartment sink4 prep tables2 Six Footcold tables with 3 doors on eachMicrowaveManitowoc ice machineOffice desk and chairHP Deskjet 4155eOffice safe16 security cameras and systemKenwood receiverConvection oven2 Six stovetop burnersCharbroil grillFlat top grill2 conventional ovensDeli slicerWinco 3 compartment food warmer2 basket deep fryerResidential standup freezer5 Propane patio heaters 2 outside storage sheds

Market Competition and Expansion:

Located in a prime area of Phoenix, the restaurant benefits from minimal competition and a diverse array of nearby dining options, allowing it to specialize in a family-oriented, authentic Italian dining experience.

Reason for Selling:

Retirement

Additional Details:

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