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Business For Sale

Restaurant/Karaoke Bar

Phoenix, AZ

Food & Beverage: Restaurants, Fast Food, Deli

 
Asking Price:
Annual Revenue:
Net Profit:
Cash Flow:
Total Debt:
$70,000
Not Disclosed
Not Disclosed
Not Disclosed
Not Disclosed
FF&E:
Real Estate:
Year Established:
Employees:
Listing Number:
Not Disclosed
Not Disclosed
1989
5
867130851
Owner Financing is Available!
$20,000 for 4 years at 7% for $478.92 month

Business Overview:

This well established Restaurant/Karaoke bar has been in the same No. Central Phoenix location for over 22 years and has a very strong customer base. The restaurant comes with a #12 liquor license, complete kitchen and new fully equipped stage and sound system for karaoke and live entertainment. Completely remodeled in 2010, all new tables, chairs, and back bar area. Very well outfitted restaurant that draws patrons from long distances. This can be a very popular neighborhood restaurant/bar with promotion and advertising. Current owner owns several other businesses and is only in the restaurant on Saturday evenings. An owner/operator on site usually reflects increased revenues. A great opportunity to continue the current theme or make a complete change to your favorite foods and venue. All this plus excellent terms from the seller.

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.

Reason for Selling:

Owns too many businesses

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.