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- RE: $420,000 NET N. Phoenix #12 Mexican Bar/Restaurant
- Contact: Mike Darmo
Quick Facts
| Asking Price: | $650,000 | |
| Annual Revenue: | $2,250,000 | |
| Net Profit: | $420,000 | |
| Cash Flow: | Not Disclosed | |
| Total Debt: | Not Disclosed | |
| FF&E: | $150,000 | |
| Real Estate: | Not Disclosed | |
| Year Established: | Not Disclosed | |
| Employees: | Not Disclosed | |
| BBN Listing #: | 1005652 | |
| Broker Reference #: | Not Disclosed |
Business Overview:
Hurry up this will go quick. This bar sits right in the heart of the upscale North Phoenix and has perfect placement in a busy shopping area with nationwide corporate tenants near by. The restaurant offers a unique upscale Mexican cuisine and also boasts a wide selection of food and drinks as well. The lease is amazing for being priced so well for the location and long-term at only $12,825 a month for a very large space. This business has a full bar and a lots of TV'S and seating for a lot of people inside. Also it boasts a double outdoor patio as well. It has been recently renovated and has a large interior with a large kitchen and bar. This is truly turn-key and this is the prime time to buy as the busy season is just beginning to bring in your new concept and brand. Seller is offering amazing Seller Financing Terms as well with $500,000 down and $150,000 over 3 years at 7%.
Contact the Seller:
To request more information regarding this listing, simply check the ADD TO REQUEST INFO BASKET button (above Quick Facts) and when you are done searching and have made all your selections, simply click on the REQUEST FREE INFO button at the bottom of this page.
Property Features and Assets:
Located inside a large corner building
Market Competition and Expansion:
Tons of room for growth with a dedicated owner and bringing your own brand.
Reason for Selling:
Kindly ask the seller for more information.Additional Details:
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
Relevant Links:
- View more Arizona businesses for sale
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