0 Phoenix! Incredible Iconic Profitable Italian Restaurant For SalePhoenix, AZ 85028

Property Details for 0 Phoenix! Incredible Iconic Profitable Italian Restaurant For Sale

Year built

1985

Property size (Sq ft)

1,800 SF

Property type

Retail properties

Property subtype

Other retail properties

Description

This exceptional Italian restaurant, established in 1985, presents a rare opportunity for ownership in a beloved Phoenix dining destination. Boasting nearly $200,000 in seller discretionary earnings, this 1,800 square foot establishment has cultivated a loyal following and a stellar reputation for its impeccable cuisine and elegant ambiance. The restaurant's success is built on a foundation of locally sourced, fresh ingredients, meticulously crafted recipes (included in the sale), and a commitment to exceptional customer service. Generations of families have dined here, creating a rich history and strong community ties. Featured in local publications, the restaurant enjoys a prime location in Phoenix (zip code 85028), with low rent and easy freeway access. The fully equipped kitchen includes a 12-foot hood, walk-in freezer, and all necessary equipment to maintain high culinary standards. A beautiful wine room and bar add to the sophisticated atmosphere. The sale includes all furniture, fixtures, equipment, and recipes. One week of owner training is provided to ensure a smooth transition. The current owner is retiring after nearly 40 years of success and is ready to pass the torch to a passionate chef or restaurateur. This turn-key operation offers significant growth potential by expanding operating hours and exploring catering opportunities. The restaurant currently employs 12 people and operates five days a week. The asking price is $550,000. This is a truly remarkable opportunity to acquire a highly profitable and respected restaurant with a loyal customer base and exceptional reputation.

Location Insight

City

Phoenix

County

Maricopa

State

Arizona

Latitude

33.5726

Longitude

-112.012

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