Asset Sale: Restaurant with all FF&E in Biltmore

Phoenix, AZ
Maricopa County

Asking Price: Annual Revenue:
$65,000 Not Disclosed

Food & Beverage: Restaurants, Fast Food, Deli

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RE: Asset Sale: Restaurant with all FF&E in Biltmore Broker: Mike Darmo

Quick Facts

Asking Price: $65,000
Annual Revenue: Not Disclosed
Net Profit: Not Disclosed
Cash Flow: Not Disclosed
Total Debt: Not Disclosed
FF&E: $65,000
Real Estate: Not Disclosed
Year Established: Not Disclosed
Employees: Not Disclosed
BBN Listing #: 943559836
Broker Reference #: Not Disclosed

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Business Overview:

If you are looking for a nearly-turn key restaurant with all the furniture, fixtures, and equipment needed already there with a #12 license currently hanging at the location in the heart of the Biltmore Phoenix area with tons of traffic then look no further. Due to partnership issues the restaurant had to shut down and was a Poke Bowl concept, the restaurant itself needs a little work to get it turn-key but very minimal. All the pieces are in place to bring in your concept and the lease is locked in as well. The current lease rate is around $8,700 with NNN included and the restaurant is 2,200 square feet and seats around 90 guests. The lease has around 4 years left with a 5 year option. Wait till you see the pictures and equipment list and the address, you will see it is a steal. Hurry up these opportunities don't last.

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Property Features and Assets:

2,200 square feet restaurant in the Biltmore Area.

Reason for Selling:

Partnership Issues.

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.

Relevant Links:

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