$216,000 NET Beautiful Restaurant and Bar w Patio

Fountain Hills, AZ
Maricopa County

Asking Price: Annual Revenue:
$350,000 $1,080,000

Food & Beverage: Restaurants, Fast Food, Deli

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RE: $216,000 NET Beautiful Restaurant and Bar w Patio Broker: Mike Darmo
Owner Financing is Available!
$225,000 down the seller will carry the balance of $125,000 for 3 years at 7%.

Quick Facts

Asking Price: $350,000
Annual Revenue: $1,080,000
Net Profit: Not Disclosed
Cash Flow: $216,000
Total Debt: Not Disclosed
FF&E: $100,000
Real Estate: Not Disclosed
Year Established: Not Disclosed
Employees: 6
BBN Listing #: 684759836
Broker Reference #: Not Disclosed

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Business Overview:

This very busy restaurant serving authentic dishes in Fountain Hills with great projected potential. It is a restaurant located in a very busy center near the fountain with plenty of parking. The newly assumable lease has an unbelievable below market rent at only $3,500 per month for 4,200 Square Feet! for 4 years and with 2 five year options with only a 2% bumps per year only. This appealing restaurant and outdoor patio with a small intimate full bar is in a growing higher income area. This is an ideal opportunity for a hands- on Operator or Chef to own an established restaurant with great authentic dishes, and #12 Liquor License. The growth opportunities for delivery, expanded hours (now not open on Sundays) catering and hosting functions are extensive. The net and gross figures are projected based on the current trends. The owner is also offering seller financing with $225,000 down the seller will carry the balance of $125,000 for 3 years at 7%. This outstanding restaurant is priced well for a quick sale. HURRY UP THIS DEAL WONT LAST.

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Property Features and Assets:

4,200 square feet restaurant with an outdoor patio in a great location with a large kitchen.

Market Competition and Expansion:

Tons of room for growth with time and more effort.

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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