Retail - Restaurants | Retail - Other Eating & Drinking Places

$Seller Financing Available

Asking Price	$250,000	Inventory	$5,000**
Gross Income	$402,491	Real Estate
Cash Flow	$154,329	Year Established	1991
FF&E	$45,000*	Employees	3 ft 3 pt

* included in the asking price

** not included in the asking price

This eatery has been serving their special recipes of authentic New York style cuisine for eighteen years, and have grown quite a following since their inception. The owner is very well known in the valley for having "real" New York food out in Arizona, and has a large fleet of New York transplants constantly coming into the eatery over and over. He has owned other restaurants in the east valley for years now and continues to be a successful restaurant owner wherever he goes. The eatery is located in a very large, attractive plaza in an affluent area near the Chandler/Gilbert border. With about three thousand square feet of space and seating for about one hundred people, the owner states that every penny that the business makes is verifiable and his honesty will show, as he wants the next owner to be as successful as he has been.

Facilities: Over 2500 square feet of space, seating for over one hundred patrons, located in a large plaza in an affluent area of Gilbert, Arizona, very clean and well taken care of inside and out

Competition: The owner has ran many Italian restaurants in the valley and will do everything in his power to make sure that the incoming buyer will succeed as long as the quality of the food stays the same and the prices are at fair market value

Seller Financing Available: Yes

Financing: $140,000 down, balance over ten years at nine percent interest w/ five yr payoff

Support/Training: Thirty days

Reason Selling: Moving out of state