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- RE: $175,000 NET Phoenix Bar And Restaurant
- Contact: Mike Darmo
Quick Facts
| Asking Price: | $300,000 | |
| Annual Revenue: | $1,080,000 | |
| Net Profit: | $175,000 | |
| Cash Flow: | Not Disclosed | |
| Total Debt: | Not Disclosed | |
| FF&E: | $85,000 | |
| Real Estate: | Not Disclosed | |
| Year Established: | Not Disclosed | |
| Employees: | 13 | |
| BBN Listing #: | 984621 | |
| Broker Reference #: | Not Disclosed |
Business Overview:
$175,000 Net Income | Phoenix Bar & Restaurant
An established Phoenix bar and restaurant with decades of history, a strong reputation, and a loyal customer base. Located in a freestanding building along a busy Central Valley corridor near a highway, this turnkey business offers visibility, convenient access, and an established operation.
The approximately 2,500-square-foot space features a distinctive themed interior, a full bar, a spacious kitchen, multiple TVs, and ample indoor seating. The buildout is well maintained and ready for a new owner.
The current owner oversees the business and manages daily operations, offering an opportunity for a buyer seeking an absentee-run operation.
Highlights include:
Reported annual net income of $175,000
Monthly rent of $6,000, including CAM charges
Two years remaining on the lease, plus a five-year renewal option
Established clientele and a longstanding presence at the same location
Well-maintained interior with a full kitchen and bar
Financial statements are available to qualified buyers following a signed NDA. Reported sales can be verified through the point-of-sale system during due diligence.
Contact us for additional information and to arrange a confidential showing.
Contact the Seller:
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Property Features and Assets:
2,500 Square feet. Stand Alone Building.
Market Competition and Expansion:
Tons of room for growth with a new owner to take it to the next level with more live events and online marketing.
Reason for Selling:
Retiring. 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
- View more Businesses For Sale in the same industry
- Sell a business online
- Find a business broker
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