Bar & Grill w/ Large Patio

Goodyear, AZ
Maricopa County

Asking Price: Annual Revenue:
$875,000 $1,567,574

Food & Beverage: Bars, Clubs, Nightspots

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RE: Bar & Grill w/ Large Patio Broker: Sheryl Reese
License #: BR005917000
Owner Financing is Available!
$475,000 dn; Bal @ $4,592.96 mo; 6.75% interest; all due in 5 years.

Quick Facts

Asking Price: $875,000
Annual Revenue: $1,567,574
Net Profit: $278,084
Cash Flow: $278,084
Total Debt: Not Disclosed
FF&E: $150,000
Real Estate: Not Disclosed
Year Established: 2010
Employees: 20
BBN Listing #: 233043913
Broker Reference #: Not Disclosed

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Business Overview:

SPORTS BAR & GRILL in a great location right in the middle of one of the fastest growing areas in the Valley. Right in the immediate area there is a 250 home sub-division currently under construction & an apartment complex & detached condos under construction under construction. Kitchen is designed for efficiency & loaded with equipment. Seller made the best use out of the COVID pandemic shutdown. He re-painted interior, touched up all wood, remodeled the bathrooms, replaced the thermostat, added 2 new 75" TV's; replaced an AC unit; replaced the Char-Broiler & Pizza oven, installed a new mister system AND added USB ports at the bar. He made the best out of a very difficult situation. They are now RE-OPENED. Business has stayed strong since opening in 2010 and shows a real pride of ownership. Owner is planning on relocating
Owner will train the buyer for 2 weeks.

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Property Features and Assets:

2,836 square feet inside & a large partially covered patio. Monthly rent: $6,400; Lease expires: November 30, 2027. Deposit: $7,000. Seats 96 inside & 75 on the Patio. Located in a large upscale shopping complex.

Reason for Selling:

Retiring & Moving.

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.

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