Business for Sale Overview:
Very popular breakfast and lunch restaurant with a history of excellent sales and cash flow. Wonderful below market lease, plenty of parking, very visible, in neighborhood center, easy hours for operator, can add dinner and liquor license, recently redecorated, very clean, more than ample equipment, very workable kitchen. Great opportunity for owner operator. Priced to sell, less than 3 times cash flow. Owners purchased business in June, 2008. Wish to sell for personal reasons.
For more information regarding this listing please contact us by completing the "Contact the Seller" form below. We look forward to hearing from you.
Property Features and Assets:
4,250 sq. ft. building leased at approx. $3,600/month. Lease expires 6/30/2013 with one five year option. Equipment more than adequate for this operation. Also well enough equipped to be able to add dinner. Some new equipment and furniture.
Market Competition and Expansion:
Several other restaurants in this neighborhood center. This is the only breakfast and lunch operation there. Some fast food about three miles away and several full service places about one half mile away. As in all of north central Arizona, the outlook is very good due to the high level of residential development. This center is a focus point for groceries and other retailers in this part of the Verde Valley.
Reason for Selling:
Personal reasons.
Additional Details:
- The property is leased.
- The owner is willing to train/assist 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.
Contact the Seller:
To contact the seller of this business for sale, please complete and submit the following email form. The seller or broker will be in touch with you typically within 1-3 business days. Fields with an asterisk (*) are required.