37560-Italian Restaurant with Profit Margin Growth

AZ

Seller Financing Available
37560-Italian Restaurant with Profit Margin Growth
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Asking Price: N/A

Cash Flow: $36,000

Gross Revenue: $635,000

EBITDA: N/A

FF&E: $80,000

Inventory: $10,000

Established: 2007

37560-Italian Restaurant with Profit Margin Growth

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Business Description

Located outside Phoenix, Arizona, this full-service restaurant specializes in Italian style cuisine. The company’s primary products include baked lasagna, specialty pastas, soups, and desserts. The leased 3,300-square foot facility features a full-service dining area, full service bar, commercial grade kitchen, storage, stage and dance floor. Offering these services and products requires an Arizona State Liquor License and personnel with industry experience. The company has a proven track record supported by over 10 years of loyal customers. With its niche’ range of products and services, the marketing efforts focus on targeting the residents and businesses in the Phoenix metropolitan area. Revenues have been increasing over the past four years at 10% annually due to an improving local economy. Last year, the total revenues were roughly $635,000 with Seller’s Discretionary Earnings of approximately $36,000. With a large customer base and solid reputation, the company continues to attract new customers while maintaining its reputation with existing ones. The owner is currently adjusting business costs to increase profit margins!

Detailed Information

Inventory:
Included in asking price
Employees:
11
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Financing:
Negotiable for the right buyer
Support & Training:
The owner will be available as needed for a standard transitioning period.
Reason for Selling:
Approaching retirement
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(from currently available funds)
 
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IAG Buyer Division

Business Listed By:
Buyer Division

IAG

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