Restaurant & Event Center on the Water

Tempe, AZ
Maricopa County

Asking Price: Annual Revenue:
$350,000 Not Disclosed

Food & Beverage: Restaurants, Fast Food, Deli

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RE: Restaurant & Event Center on the Water Broker: Ruly Couch

Quick Facts

Asking Price: $350,000
Annual Revenue: Not Disclosed
Net Profit: Not Disclosed
Cash Flow: Not Disclosed
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 1971
Employees: 19
BBN Listing #: 21287610
Broker Reference #: 3183

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Business Overview:

RESTAURANT/EVENT CENTER ON THE WATER! An excellent restaurant and combined event center business in the East Valley is now available. This is a totally unique 10,000 square feet facility with over 100 private parking spots that showcases the incredible ambiance of waterfront dining coupled with absolutely amazing spaces for weddings, banquets and all sorts of celebrations or gatherings for up to 500 guests. For an outdoor reception, the large patio is an ideal spot overlooking the lake creating a tranquil and picturesque backdrop for photographs and film to memorialize the occasion. This is a one-of-a-kind opportunity looking for a one-of-a-kind operator. Jump on it! $350,000. #3183.

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Property Features and Assets:

Facilities Square Feet: 9,986 Lot Square Feet: 98,794 Parking: 120 Occupancy: 380 indoor/300 patio Total Monthly Rent: Currently $13,000 +NNN ($4,000) Lease Expiration Date: 3/15/26 Lease Deposit: $14,000 Renewal Options: Five 1 Yea

Reason for Selling:

Other business interests

Additional Details:

  • The property is leased.
  • The owner is not 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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