Neighborhood Bar/Restaurant

Phoenix, AZ
Maricopa County

Asking Price: Annual Revenue:
$175,000 $404,704

Food & Beverage: Restaurants, Fast Food, Deli

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RE: Neighborhood Bar/Restaurant Broker: Sheryl Reese
License #: BR005917000
Owner Financing is Available!
$100,000 down; Balance @ 5 years; $1,449.80 monthly payment; 6% interest.

Quick Facts

Asking Price: $175,000
Annual Revenue: $404,704
Net Profit: Not Disclosed
Cash Flow: $104,152
Total Debt: Not Disclosed
FF&E: $70,000
Real Estate: Not Disclosed
Year Established: 2012
Employees: 7
BBN Listing #: 973443913
Broker Reference #: Not Disclosed

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Business Overview:

ABSENTEE OWNER. This is a little diamond in the rough. It is located in a strip center (facing a major street) with great visibility. And there it is, a perfect neighborhood bar/restaurant. (#12 Liquor License). When you walk in, you will be amazed as to how nice and clean this restaurant/bar is. Very easy menu, specializing in Mexican Food. Being operated totally absentee owner. This is a perfect turn-key opportunity for anyone to walk right in & immediately start earning a nice income. This is a must see! You won't be disappointed. Seller is motivated to sell. Will entertain all reasonable offers. Cash flows over $100,000 per year. Seller will train for 2 weeks.
Business Hours: Monday - Thursday: 11am-11pm; Friday & Saturday: 10am-2pm; Sun: 10am-10pm.

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Property Features and Assets:

2,000 square feet. Monthly rent: $4,125. Lease expires December 2021 & has a 5 year option to renew. Lease deposit: $9,000.

Reason for Selling:


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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