Neighborhood Restaurant & Bar
Phoenix, AZ Maricopa County
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- RE: Neighborhood Restaurant & Bar
- Contact: Reuel
Quick Facts
| Asking Price: | $575,000 | |
| Annual Revenue: | $2,100,000 | |
| Net Profit: | Not Disclosed | |
| Cash Flow: | $175,000 | |
| Total Debt: | Not Disclosed | |
| FF&E: | Not Disclosed | |
| Real Estate: | Not Disclosed | |
| Year Established: | 2007 | |
| Employees: | 32 | |
| BBN Listing #: | 935116 | |
| Broker Reference #: | 3226 |
Business Overview:
Talk about the quintessential neighborhood restaurant and bar, this is it! This location has a 30-year history of success and profitability. Known for their excellent food and topnotch service, this East Valley gathering place is a second home to many of their loyal clientele for watching football and celebrating life's special events, but more importantly, the main reason for their frequent visits is quite clear - they just love it, period! Over $2M in annual revenue says it all! A serious business for a serious player. Very fairly priced at $575,000 with possible Seller financing for the right buyer. #3226
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Property Features and Assets:
6,000 Square FeetRent $16,380 including NNN1 five year option
Reason for Selling:
Other business interests
Additional Details:
- The property is owned.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
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