Fire Sale Popular Pizzeria/Bar with a #12 License

Glendale, AZ
Maricopa County

Asking Price: Annual Revenue:
$250,000 $860,000

Food & Beverage: Restaurants, Fast Food, Deli

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RE: Fire Sale Popular Pizzeria/Bar with a #12 License Broker: Mike Darmo
Owner Financing is Available!
Seller will carry with $200,000 down and the balance of $150,000 over 2 years at 7%

Quick Facts

Asking Price: $250,000
Annual Revenue: $860,000
Net Profit: Not Disclosed
Cash Flow: Not Disclosed
Total Debt: Not Disclosed
FF&E: $175,000
Real Estate: Not Disclosed
Year Established: Not Disclosed
Employees: 20
BBN Listing #: 711359836
Broker Reference #: Not Disclosed

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Business Overview:

Hurry up this will go quick especially since it is absentee-run. This pizzeria which has been at the same location for over 9 years sits right next to a busy movie theater in a very busy part of the West Valley near the Cardinals and Coyote stadium and new Casino and has tons of traffic. The owner oversees the operation and the new owner should have no problem doing the same. The lease is amazing for being priced so well for the location and long-term with 7 years remaining at only $8600 with all CAMS included with only a 1.5% increase in base rent per year which is below the market. This Pizzeria has a full bar and a lots of TV'S and seating a wrap-around patio. All the numbers are provable through the point of sale system. This will go quick as all true perfect location and with the great price offered.

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Property Features and Assets:

Corner Pizzeria right next to a movie theater and lots of shopping at on of the busiest places in the West Valley.

Market Competition and Expansion:

Run it yourself and make a lot more money or do more marketing and be more involved to see the numbers grow at a faster pace. The number are currently growing year after year.

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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