Business Broker.Net | Connecting Business Buyers and Sellers

Did you know that BusinessBroker.net provides a large Franchise & Business Opportunity Directory that allows our users to search through hundreds of full color web brochures and to request free additional information via email? Visit our Franchise Directory today or take a look at our Featured Franchise & Business Opportunities. Buy a franchise today!

Business For Sale

RESTAURANT & BAR

Attn: Ruly Couch
Tempe, AZ, USA
Listing Number: "1559"
Print this Listing
Contact Business Seller

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: 2006
# of Employees: 4 Full Time / 15 Part Time
Yearly Revenues: $493,000
Yearly Net Profit: $75,000
 

Business for Sale Overview:

LOCATION: This totally unique, one-of-a-kind operation is located in a high-visibility A plus location. Virtually on ASU campus with unlimited access to over 60,000 students and over 12,000 faulty/staff members attending classes on a daily basis. This freestanding restaurant has one of the biggest, best, and well known outside patio bars. Both front and back patios are available for smoking and liquor service. The interior was completely remodeled in spring of 2007. Located in the Mill Avenue District of Downtown Tempe, this established restaurant and bar receives additional business from the scores of downtown Tempe events. The lease is well below market for the area and comes with a “right of first refusal” on the real estate. This is an amazing turnkey opportunity for an established, existing restaurant/bar, or use the lease and location to create your own concept.


Property Features and Assets:

2,313 Square Feet indoor/4,100 Square Feet patio, 48 indoor/175 outdoor seating, rent $5,386 plus NNN, expires 7/31/2017.


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 may become a franchise resale opportunity.
  • This is not a distressed business or bankruptcy situation.

« Back to Top » Contact this Seller

To contact the seller of this specific business for sale please complete and submit the following form.

First Name:*   
Last Name:*   
Email Address:*  
Phone Number:*   
Address:*   
City:*   
State/Province:*   
Country:*   
Zip/Postal Code:*   


Please provide any additional details:

* Indicates required field.

Yes! I would like to receive the BizOpp Journal, the official newsletter of BusinessBroker.net! BizOpp Journal Newsletter

Yes, I agree with BusinessBroker.net's Business Buyer User Agreement.