Phoenix Bar & Grill w/ #6 Liquor License Included

Not Disclosed, AZ
Maricopa County


Asking Price: Annual Revenue:
$840,000 $1,315,000

Food & Beverage: Restaurants, Fast Food, Deli


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RE: Phoenix Bar & Grill w/ #6 Liquor License Included Broker: Kevin Hudson
Owner Financing is Available!
$240,000.00

Quick Facts

Asking Price: $840,000
Annual Revenue: $1,315,000
Net Profit: Not Disclosed
Cash Flow: $230,000
Total Debt: Not Disclosed
FF&E: $250,000
Real Estate: Not Disclosed
Year Established: 2004
Employees: 18
BBN Listing #: 498662221
Broker Reference #: 21997-421393

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Business Overview:

This long-standing restaurant is held in high esteem by its hundreds of loyal, regular guests. Since opening almost 18 years ago it has expanding into a 5,000 square foot space that the local community can gather in North Phoenix. Having earned a reputation for honesty, consistency, community, safety, charity, and most of all fun! The many members of the neighborhood and community instinctively turn to this establishment for meetings, celebrations, community outreach and charity events; or just a friendly place to gather with friends. The business resides as the major gathering hub in a rapidly growing neighborhood. Sales have increased year over year as the community has grown denser along with growing exponentially upon emerging from pandemic mandates. Construction has begun just 4 short miles to the southwest on the world’s largest semiconductor plant. Common speculation is that this will bring 6,500 - 8,000 jobs to the immediate area. Because of this 1,000’s of new homes are being built as well. This influx to the neighborhood will only serve to drive sales even higher effective immediately. Included in the sale is a clean #6 liquor license, 32 TV's for sporting events, multiple games, racetrack betting, full kitchen, and loyal employees. This is a must-see! Organized, great books, and profitable for nearly 2 decades!

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Reason for Selling:

Retirement

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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