Phoenix! Incredible Iconic Profitable Italian Restaurant For Sale Phoenix, AZ 85028

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

Year built

1985

Property size

1,800 SF

Property type

Retail properties

Property subtype

Restaurants

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

Longitude

-112.012

Latitude

33.5726