Restaurant & Wine Bar

Scottsdale, AZ
Maricopa County

Asking Price: Annual Revenue:
$495,000 $479,123

Food & Beverage: Restaurants, Fast Food, Deli

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RE: Restaurant & Wine Bar Broker: Sheryl Reese
License #: BR005917000
Owner Financing is Available!
$350,000 down; Balance @ $4,432.06 per month until paid; 6% interest "OR" Seller will accept $430,000 for a cash sale.

Quick Facts

Asking Price: $495,000
Annual Revenue: $479,123
Net Profit: Not Disclosed
Cash Flow: $198,953
Total Debt: Not Disclosed
FF&E: $115,000
Real Estate: Not Disclosed
Year Established: 1996
Employees: 10
BBN Listing #: 105643913
Broker Reference #: Not Disclosed

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Business Overview:

GREAT PERFORMER! Rock solid business that is right in the middle of all the hot downtown Scottsdale action and will only get better with tons of new residential and commercial growth underway & even more entertaining to draw larger crowds. With a 24 year history of providing a great experience to a loyal clientele, the clientele has steadily been delivering and increasing profits to the bottom line each year. It's ready to go...Just step right in and keep it going! New owner has plenty of room for growth by being open more hours! There is a #7 Beer & Wine Liquor License that is included in the sale (current value $45,000) Sellers stated that they feel a #12 Restaurant Liquor License would be more beneficial to the business and the bottom line. The owner would then be allowed to sell liquor along with the beer & wine. The Sellers are willing to keep the #7 License and reduce the purchase price by $45,000 if the Buyer wants to do this.

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Property Features and Assets:

1,825 square feet - Seats 59 inside & has patio seating. Monthly rent: $3,588. Lease expires: March 2026 & has a 5 year option to renew.

Reason for Selling:

Career change.

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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