Owner Financing is Available
Business for Sale Overview:
This Steakhouse, located within a 40 minute drive from Tucson, is a destination location that is well-known in Southern Arizona. The facility is 9,200 sq. ft. and is located on approximately 28,000 sq. ft. of land. The seller has owned this business and real estate for over twenty years. Currently, the facility is open for breakfast, lunch and dinner and operates 7 days a week. This is a great opportunity for a purchaser with more energy who can capitalize on the catering and larger banquet opportunities that this facility can accommodate. The purchase of this business and real estate can be financed through the SBA. Since the seller is willing to hold a small second deed of trust on the property, the purchaser's down payment can be greatly reduced.
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 facility is 9,200 sq. ft. and is located on approximately 28,000 sq. ft. of land.
Market Competition and Expansion:
Competition: This restaurant is a destination steakhouse that is located close to a freeway interchange. Growth and Expansion: The owner believes that catering and the hosting of large parties and functions are sizeable opportunities for a younger buyer. Currently, the owner is turning down larger catering jobs and group banquets...as to not create hardships on him and his staff.
Reason for Selling:
Has 2 other businesses.
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.