Iconic Italian Restaurant | National TV Features | Award-Winning
Business Description
Own A Piece of Phoenix History
This is a rare opportunity to acquire a true Phoenix Italian institution—a long-standing neighborhood restaurant with national media recognition, multiple awards, and decades of loyal customers.
Operating for over 20 years, this restaurant is widely known for authentic Italian comfort food, classic recipes, and a timeless dining experience. It has earned local and national acclaim while maintaining the warmth and approachability of a neighborhood favorite.
The foundation is already built: brand recognition, repeat clientele, a fully equipped commercial kitchen, and a reputation that cannot be replicated by a new concept.
Press & Awards Recognition
This restaurant has been:
• Featured multiple times on national television, including appearances on a popular food and travel series on Food Network
• Revisited years later for a national follow-up feature—an uncommon distinction that reflects long-term relevance
• Praised publicly for authentic Italian dishes, house-made sauces, and traditional preparation methods
• Recipient of multiple “Best of Phoenix” awards from Phoenix New Times
• Honored with repeated Diners’ Choice awards from a national reservation platform
• Featured on Arizona public television’s long-running dining review program highlighting beloved local restaurants
These accolades provide built-in credibility, brand equity, and buyer confidence.
Why This Business Is Special
• Decades-old Italian restaurant with legacy status
• National TV exposure and long-standing press recognition
• Proven recipes and menu items known city-wide
• Authentic neighborhood following built over generations
• Turnkey operation with fully built-out kitchen and dining area
This is not a trend-driven concept—it is a time-tested restaurant with emotional and cultural equity.
Immediate, Executable Upside
The current operation does not fully capitalize on lunch demand or menu throughput, creating clear and realistic growth opportunities.
A particularly strong opportunity exists to introduce a pizza-by-the-slice lunch program, well suited to the surrounding daytime population. The existing kitchen supports this with minimal changes.
Additional upside includes:
• Increased weekday lunch volume
• High-margin grab-and-go offerings
• Catering, takeout, and delivery expansion
• Menu optimization while preserving legacy favorites
Buyer Value Creation
• Immediate upside without disruption — growth comes from optimizing what already exists
• Direct impact on cash flow — operational improvements translate quickly into results
• Near-term execution window — improvements achievable within the first 6–12 months
• Strategic pricing advantage — priced to allow the next owner to create value
Financial Snapshot
• Historical annual gross sales $500,000+
• Long-standing repeat customer base
• Offered as an asset sale
• Ideal for owner-operators or experienced restaurateurs
Asset Sale Includes
• Business name and goodwill
• FF&E and kitchen equipment
• Recipes, systems, and operating processes
• Brand equity built over two decades
No real estate included. Favorable lease in place.
Why $195,000
This price is intentionally set below replacement cost. Comparable restaurant build-outs often exceed this amount alone—without press recognition, awards, or an established following.
The business is listed by HUB Commercial, an affiliate of Sunbelt Business Brokers in the State of Arizona. All listing and financial information to be verified by the buyer during due diligence.
Operating for over 20 years, this restaurant is widely known for authentic Italian comfort food, classic recipes, and a timeless dining experience. It has earned local and national acclaim while maintaining the warmth and approachability of a neighborhood favorite.
The foundation is already built: brand recognition, repeat clientele, a fully equipped commercial kitchen, and a reputation that cannot be replicated by a new concept.
Press & Awards Recognition
This restaurant has been:
• Featured multiple times on national television, including appearances on a popular food and travel series on Food Network
• Revisited years later for a national follow-up feature—an uncommon distinction that reflects long-term relevance
• Praised publicly for authentic Italian dishes, house-made sauces, and traditional preparation methods
• Recipient of multiple “Best of Phoenix” awards from Phoenix New Times
• Honored with repeated Diners’ Choice awards from a national reservation platform
• Featured on Arizona public television’s long-running dining review program highlighting beloved local restaurants
These accolades provide built-in credibility, brand equity, and buyer confidence.
Why This Business Is Special
• Decades-old Italian restaurant with legacy status
• National TV exposure and long-standing press recognition
• Proven recipes and menu items known city-wide
• Authentic neighborhood following built over generations
• Turnkey operation with fully built-out kitchen and dining area
This is not a trend-driven concept—it is a time-tested restaurant with emotional and cultural equity.
Immediate, Executable Upside
The current operation does not fully capitalize on lunch demand or menu throughput, creating clear and realistic growth opportunities.
A particularly strong opportunity exists to introduce a pizza-by-the-slice lunch program, well suited to the surrounding daytime population. The existing kitchen supports this with minimal changes.
Additional upside includes:
• Increased weekday lunch volume
• High-margin grab-and-go offerings
• Catering, takeout, and delivery expansion
• Menu optimization while preserving legacy favorites
Buyer Value Creation
• Immediate upside without disruption — growth comes from optimizing what already exists
• Direct impact on cash flow — operational improvements translate quickly into results
• Near-term execution window — improvements achievable within the first 6–12 months
• Strategic pricing advantage — priced to allow the next owner to create value
Financial Snapshot
• Historical annual gross sales $500,000+
• Long-standing repeat customer base
• Offered as an asset sale
• Ideal for owner-operators or experienced restaurateurs
Asset Sale Includes
• Business name and goodwill
• FF&E and kitchen equipment
• Recipes, systems, and operating processes
• Brand equity built over two decades
No real estate included. Favorable lease in place.
Why $195,000
This price is intentionally set below replacement cost. Comparable restaurant build-outs often exceed this amount alone—without press recognition, awards, or an established following.
The business is listed by HUB Commercial, an affiliate of Sunbelt Business Brokers in the State of Arizona. All listing and financial information to be verified by the buyer during due diligence.
About the Business
- Years in Operation
- 5
- Employees
- 5 (2 Full-time, 3 Part-time)
Real Estate
- Owned or Leased
- Leased
- Building Sq. Ft.
- 960
- Rent
- $3,550.00 per month
- Lease Expiration
- 3/31/2026
About the Sale
- Seller Motivation
- retirement
Listing Info
- ID
- 2454636
- Listing Views
Listing ID: 2454636 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.
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