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Casual Fine Dining Restaurant & Lounge

Scottsdale, Arizona (Maricopa County)

Retail - Restaurants | Retail - Bars/Taverns

$Seller Financing Available

Asking Price $595,000 Inventory $20,000** 
Gross Income $1,246,890 Real Estate  
Cash Flow Not Disclosed Year Established 1997
FF&E $437,000* Employees 5 ft / 22 pt

* included in the asking price

** not included in the asking price

Scottsdale landmark for many years! Softly sophisticated with traditional cuisine & decor that has a warm & somewhat rustic ambiance. Restaurant features a large spacious dining room, separate bar & separate dining room that is used for private parties & banquets. Entire restaurant is casual elegance at it's finest. Kitchen is a Chef's dream! This is a perfect opportunity for an experienced restaurateur. Sales have increased annually with the exception of 2008. Seller will carry for a qualified Buyer.

Facilities: 5200 sq ft. Monthly rent $16,309 includes CAM & taxes. Lease expires December 2015 & has a 5 year option to renew. Lease deposit is $15,000.

Seller Financing Available: Yes

Financing: $250,000 down; Bal @ $3,000 month; 7% interest; 5 year stop

Support/Training: 1 month

Reason Selling: Personal

Business For Sale By

Sheryl Reese-Edwards

480-636-8577

West USA Realty

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