Fine Dining Restaurant & Wine Bar

Phoenix, AZ
Maricopa County

Asking Price: Annual Revenue:
$495,000 $481,229

Food & Beverage: Restaurants, Fast Food, Deli

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RE: Fine Dining Restaurant & Wine Bar Broker: Sheryl Reese
License #: BR005917000
Owner Financing is Available!
$350,000 dn; Balance @ $4,432.06 monthly; 6% interest "OR" Seller will accept $430,000 for a cash sale.

Quick Facts

Asking Price: $495,000
Annual Revenue: $481,229
Net Profit: Not Disclosed
Cash Flow: $208,142
Total Debt: Not Disclosed
FF&E: $115,000
Real Estate: Not Disclosed
Year Established: 1996
Employees: 10
BBN Listing #: 499743913
Broker Reference #: Not Disclosed

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Business Overview:

GREAT PERFORMER! Rock solid business that is right in the middle of all the hot downtown Scottsdale action. This business will only get better with tons of new residential & commercial growth underway & even more entertainment to draw larger crowds. 24 year history of providing a great experience to their loyal clientele. Their clientele base and profits have steadily increased. This is a true turn-key business. Just step right in and keep it going! There is plenty of room for growth for a new owner! Included in the price is a #7 Liquor License. Owners feel a #12 Restaurant Liquor License would be more beneficial to the business and bottom line. if you don't want the #7 Liquor License, Seller will deduct $35,000 value off of the total price.

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Property Features and Assets:

1,825 square feet. Monthly rent: $3,588. Lease expires: march 31, 2026 & has (1) 5 year option to renew. Deposit: $3,000.

Reason for Selling:

Career Change.

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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