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Business For Sale

#12 Bar/Restaurant

Phoenix, AZ, USA

Food & Beverage: Restaurants, Fast Food, Deli

 
Asking Price:
Annual Revenue:
Net Profit:
Cash Flow:
Total Debt:
$350,000
$622,875
Not Disclosed
$84,000
Not Disclosed
FF&E:
Real Estate:
Year Established:
Employees:
Listing Number:
Not Disclosed
Not Disclosed
1979
11
97025771
Owner Financing is Available
Down Payment Is $125,000. Seller Will Carry The Balance Of $225,000 In The Form Of A Note To Buyer Amortized Over 7 Years Including 7% Interest. The Monthly Payment Due Seller From Buyer Would Be $3,394. Seller Would Consider A Cash Out Of $250,000.

Business for Sale Overview:

#12 Bar/Restaurant Seating 100 Is Located In Northwest Phoenix. Fully Equipped Kitchen Including Hood & Ansul System, Large Walk-in Cooler, Flat Top Grill, Fryers, Etc. Hours Are 10am-1am; 7 Days A Week. A Recent Audit By The State Of Arizona Department Of Liquor License & Control Determined That This Business Was Grossing 45% In Food Sales Above The 40% Food Sales That Is Required For A #12 Liquor License. This Is An Excellent, Well Established Business With Lots Of Potential For Growth.

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:

2,400 Square Feet. Rent Currently Is $3,600 Per Month. Lease Deposit Is $1,750. Lease Expires 3/31/2019.

Reason for Selling:

Other Interests.

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.
 

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