An exceptional opportunity to acquire a well-established and consistently profitable, full-service Italian restaurant and bar in a prime Scottsdale retail setting. First time offered for sale as the owner prepares to retire after 29 successful years of ownership. This long-standing concept has built a loyal customer base, supported by an inviting dining room, full bar, and highly desirable covered patio dining area and is positioned for a smooth transition to new ownership. The business benefits from an experienced, long-tenured staff, established operating systems, and a reputation for quality Italian cuisine and hospitality. Its prominent location offers excellent surrounding demographics, strong daytime and evening traffic, and convenient access within a well-known retail corridor. Ideal for an experienced operator, hospitality group, or owner-operator seeking a proven Scottsdale restaurant platform with meaningful goodwill and continued upside potential. $795,000. #3345
- Asking Price:
- $795,000
- Sales Revenue:
- $2,500,000
- Cash Flow:
- $420,000
Property Information
- Real Estate:
-
Lease
- Lease Terms:
-
expires 1/31/27
one 3 year option
110 indoors/55 patio seats
- Leasehold Rent:
-
13,591 mo. includes NNN per annum
- Location:
-
Prime retail area
- Size in square feet:
- 2,574
Business Operation
- Management type:
- This business is owner operated.
- Reasons for selling:
-
Other business interests
- Trading hours:
-
Mon-Sat 11:30a-2:30p, 5p-9:30p, Closed Sun
- Employees:
- 15 FT/15 PT
- Years established:
- 30
Other Information
- Support & training:
-
2 weeks
