Popular Brown Bag Burger Restaurant - Prescott, AZ

Prescott, AZ
Yavapai County

Asking Price: Annual Revenue:
$225,000 $482,804

Food & Beverage: Restaurants, Fast Food, Deli

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RE: Popular Brown Bag Burger Restaurant - Prescott, AZ Broker: Jared Lubeck

Quick Facts

Asking Price: $225,000
Annual Revenue: $482,804
Net Profit: Not Disclosed
Cash Flow: Not Disclosed
Total Debt: Not Disclosed
FF&E: $75,000
Real Estate: Not Disclosed
Year Established: 2008
Employees: 5
BBN Listing #: 203226599
Broker Reference #: NAZ19784

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Business Overview:

This popular restaurant was purchased 14 months ago. During this time, the new Owner has increased sales, upgraded the kitchen with $25,000 in new equipment and purchased a new liquor license. Brown Bag Burger has been in business for over 10 years and maintains a very loyal customer base. They are located two blocks from the heart of Old Town Prescott and are anchored by a very busy Sprouts Market. Most of the employees have been employed at the restaurant long-term. A well-known hotel is currently being built across the street which will include an open area for the Prescott Farmers Market. The revitalization of this area is expected to greatly increase foot traffic and further promote nearby businesses. Brown Bag has been ranked by Google as Prescott’s #1 burger restaurant. Financial information is based on the January – December 2019 Profit and Loss Statement. For more information, please contact Jared Lubeck or use the email reply button of this ad.

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Reason for Selling:

Possible relocation for family member needs.

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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