Business for Sale Overview:
This unique opportunity is located on Tucson’s high-end “Restaurant Row” and is available because of the sellers’ desire to divest themselves of their first venture into food and beverage. It is rare that a freestanding restaurant with real estate comes available on “Restaurant Row”. This 4,200 square foot facility was recently remodeled inside and out, and the owners put $480,000 worth of improvements into the property after purchasing it approximately two years ago. The pub/restaurant holds a #12 Arizona Liquor License which requires a minimum of 40% in food sales. There is a “Certificate of Occupancy” for this facility. The occupancy for the inside, per the City of Tucson, is 180, and the outside patio has seating for 30. There are currently 20 beers on tap and the bar area was enlarged two years ago to accommodate a high volume of beverage sales. There are pictures of the facility (interior and exterior) that can be emailed to qualified buyers. Because of cross easements, this facility has virtually unlimited parking. Please do not disturb the business patrons or the employees.
Disclosure:
This business is being marketed for sale by Michael C. Abbinante, of Abbinante & Co. Michael C. Abbinante is a licensed real estate broker in the State of Arizona.
For more information regarding this listing please contact us by completing the "Contact the Seller" form to the left. We look forward to hearing from you.
Property Features and Assets:
The real property is included in the asking price for this rare opportunity. This recently remodeled 4,200 square foot facility is a freestanding building located on “Restaurant Row”, which seats 180 patrons indoors and 30 on the patio.
Market Competition and Expansion:
A new concept is needed for this facility.
Reason for Selling:
Sellers wish to exit food and beverage industry.
Additional Details:
- The property is owned.
- 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.