SOLD – Well-Established, Highly Profitable Fine Dining Restaurant For Sale
Location: Scottsdale, AZ
Premier Location – $1M + EBITDA – Staff In Place – Real Estate Acquisition or Lease
This fine-dining restaurant provides exquisite food and service to new guests and regulars that have been dining there for years. Developed by a seasoned restauranteur, no expense was spared on the build-out or staff to create the perfect dining experience. This well-run operation produces consistent year-over-year revenues with a 3-year average EBITA of approximately $1.3M. This restaurant is completely turn-key, with managers in place, and all support staff required for daily operations, allowing the business to operate in the absence of the owners for extended periods of time.
Please note proof of funds are required before signing an NDA and receiving any information on the business.
Asking Price: $7,500,000
Gross Income: $5,763,209
Cash Flow: $1,318,260
FFE: $350,000 (Included in Price)
Reason For Sale:New Interests
Training & Support:Available for a negotiable period of time.