Fully Absentee Burger Bar Restaurant

Scottsdale, AZ
Maricopa County

Heart of Town

Asking Price: Annual Revenue:
$115,000 Not Disclosed

Food & Beverage: Restaurants, Fast Food, Deli

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RE: Fully Absentee Burger Bar Restaurant Broker: Mike Darmo
Owner Financing is Available!
$60,000 down the seller with carry the balance for 2 years at 6.5%

Quick Facts

Asking Price: $115,000
Annual Revenue: Not Disclosed
Net Profit: Not Disclosed
Cash Flow: Not Disclosed
Total Debt: Not Disclosed
FF&E: $75,000
Real Estate: Not Disclosed
Year Established: Not Disclosed
Employees: 4
BBN Listing #: 221759836
Broker Reference #: Not Disclosed

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Business Overview:

If you are looking for a great opportunity with a great location and modern look in a very busy location with great seller terms and very solid numbers and a very solid staff with a completely absentee ownership look no further. This restaurant speciality is burgers and has a really fresh feel The business is on the right track and has been increasing every month this year and is now close to average around $30,000 to $35,000 in gross sales. The payroll is very high at the moment. If the new owner takes a semi-active roles that reduce the amount of payroll expenses and in turn increase the profits. The rent is only $4,600 and the restaurant is 1,100 square feet which is very competitive for the area. The seller is also offering really good seller terms with $60,000 down the seller with carry the balance for 2 years at 6.5%. This restaurant is on the way up and if wasn't for personal reason for the sellers they would not sell. If this business continues the track it is on for another year it would be listed for a lot higher. You have to check out the restaurant and see for yourself.

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Property Features and Assets:

1,100 square feet suite in a busy shopping center in the Heart of Scottsdale.

Market Competition and Expansion:

Tons of room for growth with more time and a more dedicated owner.

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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