First Rate Italian Food
For Sale in Phoenix, AZ
Financial & Assets Details
About the Business
Business Description
Much can be assumed about restaurants that continue to flourish after 12 years. While a strong reputation produces new diners, consistently excellent food, service and value generates repeat diners. This seller is not trapped on that "80 hrs/week treadmill" that seems to be required of so many owners. Instead, he spend approx 4 hours/day on general admin/oversight while ordering inventory. (He even closes fro 2-4pm daily.) This terrific restaurant/bar sits in a strip center at a very busy intersection in Phoenix. Gross sales approximate $1,300,000 and have proven to be quite stable at that level.
Location Details:
Located in a strip center (with a nationally known anchor) on a very high-traffic intersection. Outdoor seating available.
Support & Training
The seller will familiarize a buyer with all aspects of the business, on a full-time basis, without pay, for a period of 30 days. Thereafter, the seller will be available for phone consultations for 6 months.
Reason for Selling:
Retirement