North Scottsdale Italian Restaurant and Bar

Sale Pending

Asking Price$280,000

Cash Flow
$216,000
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$840,000

Inventory$10,000
Included in asking price
FF&ENot Disclosed

listing imageSave

North Scottsdale Italian Restaurant and Bar


Sale Pending

Asking Price$280,000

Cash Flow
$216,000
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$840,000

Inventory$10,000
Included in asking price
FF&ENot Disclosed

Business Description
Very popular high end family owned Italian Restaurant and Lounge located in PRIME North Scottsdale.Seating is 176 customers between the dinning room, bar and Patio. State of the art Kitchen and a very modern atmosphere, with great decor, this business needs nothing. Excellent food and menu.The best Italian food Around. They also do catering and private parties. Hours are 3:00PM-9:00PM with a popular Happy Hour.
Please call John for more detailed information 602.284.9030
About the Business
Years in Operation
10
Employees
10
Facilities & Assets
Located in a high end shopping center in North Scottsdale with Great customer parking.
The owner just signed a new 3 year lease with a 3 year extension.
All equipment is in great working condition and a brand New Walk in Freezer as of April of this year.
This restaurant needs nothing.
Market Outlook / Competition
This restaurant is in a very High end PRIME north Scottsdale location. Seller has many satisfied and loyal customers that love coming to this restaurant. A new owner will do very well here.
Opportunities for Growth
Can grow this business with adding more catering services and adding longer hours.
Real Estate
Owned or Leased
Leased
Building Sq. Ft.
4,575
Rent
Not Disclosed
Lease Expiration
2/20/2028
About the Sale
Seller Motivation
Retiring
Transition Support
Two weeks support and training
Listing Info
ID
2305178
Listing Views
1481

Contact Seller

By clicking the button, you agree to BizQuest's Terms of Use and Privacy Notice.

Business Listed by: John Olness Business Broker Guru

Listing ID: 2305178 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.


Similar Listings
Wingers Alehouse
$350,000Wingers AlehouseFeatured Franchise
WRAP SANDWICH COMPANY
$150,000WRAP SANDWICH COMPANYFeatured Franchise
Philly's Best Cheesesteaks
$250,000Philly's Best CheesesteaksFeatured Franchise
Jon Smith Subs
$100,000Jon Smith SubsFeatured Franchise
Wingers Alehouse
$350,000Wingers AlehouseFeatured Franchise
WRAP SANDWICH COMPANY
$150,000WRAP SANDWICH COMPANYFeatured Franchise