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Pizza & Pasta Bar

Phoenix Metro, Arizona

Asking Price: Gross: Cash Flow:
$140,000 $230,000 Undisclosed

Furniture and Fixtures Value:
$60,000 (included in the asking price)

Inventory Value:
$8,000 ( not included in the asking price)

Business Summary:
SELLER WILL ACCEPT $125,000 FOR A CASH SALE. Beautiful Neighborhood Pizza-Pasta Bar located in a new shopping center in the NW Valley. Kitchen is fully equipped & well organized for efficiency. Large Patio is private & perfect for parties or simply enjoying the fresh air. Since opening, this restaurant has not reached its full potential, especially considering the rapid growth in this upscale area. Perfect for a neighborhood Pizza Sports Bar. It has already become a neighborhood favorite. They offer drink & appetizer specials for "Sports Night" & are planning on adding a large screen RV on the patio for the sports fans. Named by AZ Republic "2nd Best in Phoenix". Featured on "Good Morning Arizona" by Dafne Monroe's "Deal of the Day Cuisine".

 
   
   
Year Business was Established: 2003
   
Number of Employees: 4 pt  
   
Facilities / Terms of Lease: 1900 sq ft. Monthly rent $5,800. Lease expires August 2013. Lease deposit $3,800.  
   
Owner willing to finance: $70,000 down; Balance @ $1,353.30 monthly for 5 years; 6% interest  
   
Owner willing to train: 2 weeks  
   
Reason for selling: Ready for a change  
 

 

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