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  • RE:  Phoenix! Incredible, Iconic, Profitable Italian Restaurant For Sale
  • Contact:  Not Disclosed

Quick Facts

Asking Price: $550,000
Annual Revenue: $1,045,863
Net Profit: Not Disclosed
Cash Flow: $196,235
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 1985
Employees: 12
BBN Listing #: 983883
Broker Reference #: 14842

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Business Overview:

Profitable & Iconic White Tablecloth Italian Restaurant for Sale in Phoenix, AZ! Established in 1985, this Restaurants Boasts Excellent Reviews and a Massive, Loyal Following! Nearly $200,000. in Seller Discretionary Earnings!Imagine the opportunity to actually own an iconic and very profitable Italian Restaurant For Sale restaurant that has been proudly serving Phoenix since 1985! This is truly a rare opportunity for ownership in one of the city's most revered dining establishments. Known for its impeccable cuisine, elegant ambiance, and rich history of success, this restaurant is absolutely poised for continued growth under new ownership.This established Italian Restaurant For Sale presented by We Sell Restaurants has been in business for nearly four decades with a reputation for outstanding Italian cuisine, sophisticated dining experience, and excellent customers service. Generations of families dine here throughout the years. This is a beloved restaurant to Arizonans and toursists alike. This scratch kitchen has been featured in local newspapers and magazines, highlighting its culinary expertise and community presence. All recipes, perfected over years of meticulous preparation, are included in the purchase of the Italian Restaurant For Sale. Ingredients are sourced locally for freshness and quality, ensuring each dish is a masterpiece. Strategically located in a vibrant area of Phoenix, the low rent and location cannot be beat!The dining area provides an intimate and upscale atmosphere. The kitchen is fully equipped, including all necessary equipment to maintain high standards of food preparation. This Italian Restaurant For Sale also has a beautiful wine room and bar. Let We Sell Restaurants introduce you to lending options to make acquiring this exceptional Restaurant & Bar for Sale even more accessible. Our lenders are prepared to assist you in achieving your goal of owning a highly successful and prestigious establishment. This restaurant is eligible for financing through an SBA loan, providing a great opportunity for potential buyers.Training is provided by the current owner of the Italian Restaurant For Sale, ensuring a smooth transition and continuation of the restaurant's renowned culinary traditions.The owner is a beloved member of the community. Guests are more like family here. The owner is ready to retire after nearly 40 Years of Passion for Italian Food and Outstanding Profits!This is a unique opportunity for a passionate chef or restaurateur to step into a well-established, highly respected restaurant with a loyal customer base and exceptional reputation. The inclusion of recipes and training ensures continuity of the restaurant's signature dishes and service excellence. The many hundreds of reviews are nearly 5 Stars! What a blessing for a new owner to come into this incredible Italian Restaurant For Sale!The sale of this phenomenal restaurant includes all furniture, fixtures, equipment, and recipes. Don't miss this extraordinary opportunity to acquire a distinguished white tablecloth Italian Restaurant For Sale in Phoenix, renowned for its culinary mastery and unparalleled dining experience. Take the reins and continue the legacy of excellence in one of Arizona's most iconic dining destinations. By providing your phone number to We Sell Restaurants, you are agreeing to receive text notifications.

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Property Features and Assets:

12 ft hoodwalk in freezerToaster2 sandwich tables with cooler and lidsOfficeOffice ChairLiquor cage3 refrigerators by back area office2 compartment stand up freezer2 door clear glass fridgeespresso machinecoffee makershelvingsingle glass door refrigerator12 burner stove1 refrigerator with 4 burner grill on top1 fryergrillpotspans2 tables in kitchenhot burners3 compartment sinksink sprayerfloor matsvarious cambros with various shapes and sizesvarious ladlesvarious containersplatesdishesglasswareflatwaretraysred mixerStorage Areacloset cleaning supplies1 handsink near ice machine2 white refrigerators in this area4 three metal shelves1 five metal shelving unit1 blue mixer Next Room3 compartment sink1 compartment sink bowl with sprayer2 stainless steel tablesstorage shelves in wall unitServer StationlinensshelvesBarshelvesglass backbar3 compartment sink3 bar top stoolsWine Cellarshelvingwine inventory purchased separately from sale of restaurantEntryway8 seats2 tablesWooden menu holder on wall with 4 shelves3 tables near bar area6 chairsUpper level Dining Area9 tables26 chairsLower level Dining Area8 tables31 chairsVarious light fixtures1 point of sale machine in bar areaflower pots bench in front of restaurant wall prints and framesPlease note that there are portraits of owner and family that were painted by local artist for the restaurant Those are not included in sale and are personal paintings of owner

Market Competition and Expansion:

This area is growing. There is no other Italian restaurant like this nearby. This restaurant has captured the hearts of Arizonans and tourists. It is easily accessible to get to and near the freeway.

Reason for Selling:

Retirement

Additional Details:

  • The property is Leased.
  • This is not homebased business opportunity.
  • This is not a franchise resale opportunity

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