Business Overview:
This recently remodeled breakfast and lunch café is a neighborhood favorite. Having been established for many years, the ownership changed in 2020. The original name and bones of the business remained and to add some more vibrancy to their breakfast and lunch concept, the new owners spent a considerable amount of capital to rebrand the image, update the equipment, paint and build-out the space to better reflect the fresh take on the menu; providing a high quality restaurant.
The restaurant only operates 5 days a week, closes at 3:00pm and there is a great opportunity to expand days and hours into dinner service. There is #12 Liquor license in place and all of the equipment needed to operate the café is included in the sale. The patio has an updated misting system that allows for its use year-round.
The first quarter sales for 2022 are 40% of the total revenue for 2021 with net income around $60,000 for the first quarter. With the return of snowbirds, Spring training baseball, and the other countless winter and Fall events that come to the Valley, 2022 is primed to be the best year to date for the restaurant.
There is a limited supply of second-generation restaurant locations available in Scottsdale, this is an opportunity to purchase a turn-key business operating at a profit and priced to sell.
Please contact me for more information.
Restaurants For Sale - www.phxrestaurantsforsale.com
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Market Competition and Expansion:
There is opportunity for growth.
Reason for Selling:
Relocating
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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