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Business For Sale

FREE STANDING TEMPE RESTAURANT (PERFECT LOCALE)

Attn: DAVID HITZIG
Tempe, AZ, USA
Listing #: 72344509
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Asking Price: $295,000 USD USA Dollars
Business for Sale Industry: Food & Beverage: Restaurants, Fast Food, Deli  
Reason for Selling: Other Business Interests
Year Established: 1978
# of Employees: 2 FT 6 PT
Yearly Cash Flow: $120,000
Yearly Net Profit: $120,000
Yearly Gross Income: $425,000
 

Business for Sale Overview:

This particular business has been at the same location on an extremely busy intersection of Tempe for over thirty years. In that time, it has made quite a reputation for itself, boasting tremendous food and quality service at a great price. Seating is approximately 155 patrons in this free standing building, and the kitchen is a vision of beauty with a ton of space for multiple cooks. Last year the owner claimed his gross sales to be $425K with an overall net profit of about $125K, provable. The sales price is $295K and for a location like this one, it's going to be hard to find a better existing restaurant with history than this one is. There's probably some wiggle room in the overall sales price so act fast!


Property Features and Assets:

Over 4000 square feet in a free standing building, located on an enormously popular major intersection in the Tempe area, a very large kitchen accompanies the business with tons of room to store food and products. Seating is in the range of 155 patrons. Very clean inside and out.


Additional Details:

  • The property is leased.
  • The owner is willing to train/assist the new owner.
  • The owner is not willing to work for the new owner.
  • This is not a homebased business opportunity.
  • This is not a franchise resale opportunity.
  • This is not a distressed business or bankruptcy situation.

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