Well-Established Breakfast and Lunch in the Heart

Surprise, AZ
Maricopa County


Asking Price: Annual Revenue:
$150,000 $500,000

Food & Beverage: Restaurants, Fast Food, Deli


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RE: Well-Established Breakfast and Lunch in the Heart Broker: Mike Darmo

Quick Facts

Asking Price: $150,000
Annual Revenue: $500,000
Net Profit: Not Disclosed
Cash Flow: Not Disclosed
Total Debt: Not Disclosed
FF&E: $50,000
Real Estate: Not Disclosed
Year Established: Not Disclosed
Employees: 3
BBN Listing #: 417659836
Broker Reference #: Not Disclosed

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Business Overview:

If you are looking for a great opportunity with a great location in a very busy location with great location and very solid chance to go to the next level with a completely absentee ownership then look no further. This restaurant speciality is breakfast and lunch food. The business was on the right track and has been increasing every month last year until Covid Hit and then the business started to decrease because of the occupancy limits. The owner is looking to retire but the upside of this business is tremendous. The lease is spectacular as well at only $7,000 for 4,500 square feet and also the landlord is also very good and is willing to work out a new lease for any interested party. There are 3 full time employees as well. If this business continued the track it is on before Covid it would be listed for a lot higher. Seller is also offering great seller financing terms with $100,000 down the seller carry $50,000 for 2 years at 7%. You have to check out the restaurant and see for yourself.

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Property Features and Assets:

5,000 square feet restaurant with a large seating area and kitchen and outdoor patio seating in a busy shopping center with exposure to a major road.

Market Competition and Expansion:

Tons of room for growth once the occupancy limits are released and with some solid updates and marketing.

Reason for Selling:

Retiring

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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