Elegant Casual Italian Family Restaurant w/Real Estate & Assumable SBA Loan of $950,000

CALL FOR THE PRICE! If you've been looking for a classy Italian restaurant where you're the landlord, then you've got to take a look at this business that includes the real estate. There is approximately $1 million of assumable loans on the property.

The restaurant has built a Long Standing reputation of great food, service, and experience throughout the Mesa community.

There are 5,300 Sq. Ft. in this stand alone building that was built in 2008.

This restaurant is located in a high growth and upscale area of Mesa Arizona and has been in business for more than 10 years in the Mesa area and moved to this new location in 2008.

Over the years, as their business blossomed, they outgrew their original location. In 2008 they made a short move to a beautiful, brand new facility that added a new elegance and ambience to their reputation for outstanding cuisine, value and service. The beautiful entry foyer leads to the main dining room featuring booth seating, as well as flexible table and chair combinations. There is a small intimate bar area where beer, wine and liquor is served (license #12).

Just past the fountain the rear dining area looks out onto the patio and outside play court and can accommodate private parties and large groups up to fifty in the flex dining space as well as regular diners.

The entire restaurant is filled with natural light, dark woods and intimate spaces. The exceptional kitchen is state of the art and fully equipped to accommodate the busy dining room, take out and catering as well. The kitchen is huge and features two complete cooking lines for hot and cold preparation. In addition there is a complete pizza bakery.

The owners wish to return to the Midwest creating a unique opportunity to purchase this turnkey business. The price includes the real estate and business.

The monthly cost to purchase this property is actually less than comparable leased space and there is nothing to build out, equip or furnish. The assumable SBA guaranteed loan features an interest rate of prime + 2.75%. This equates to current monthly payment of approximately $6,500 or only $14.75/sq ft. The restaurant features 5,300 square feet of beautifully finished space in a free standing building and a business that is growing and thriving. The facility is only two years old and has been meticulously maintained.

This is an opportunity to purchase a thriving business in a great location at an affordable price and great financing.

Demographics

Disclaimer