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- RE: Own Your Own Restaurant In Phoenix For Just $79,000 ? Prime Location
- Contact: Mike Smith
Quick Facts
Asking Price: | $79,000 | |
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: | 1993 | |
Employees: | 9 | |
BBN Listing #: | 983614 | |
Broker Reference #: | 17601 |
Business Overview:
Looking for the perfect space to bring your fast-casual or full-service restaurant vision to life? This 2,800 sq. ft. restaurant in SouthWest Phoenix is priced at just $79,000 and offers incredible value in a rapidly expanding area. Situated near the upcoming light rail extension, this location provides easy access and growing foot traffic, making it a prime spot for your next venture. Opportunities like this don't last long in a market like this!The property features a fully equipped kitchen and dining area that can accommodate a wide variety of culinary concepts. Whether you're envisioning a trendy fast-casual eatery, a sit-down family restaurant, or a combination of both, this versatile space has you covered. With rent at just $4,500 per month and two years left on the lease—plus an option to renew for an additional five years—you're getting an affordable, turn-key opportunity in one of the city's most dynamic neighborhoods.
But there's more! This restaurant also includes a secondary section that previously operated as a bar. While it needs some renovation, it offers endless potential. Transform it into additional dining space, a private events room, or even a nostalgic speakeasy-style lounge to add a unique flair to your business.
Located in a thriving part of SouthWest Phoenix, the surrounding area is buzzing with new housing, businesses, and infrastructure developments. The light rail extension is set to enhance accessibility even further, positioning your business for long-term success. Whether you're starting fresh or expanding your portfolio, this is the perfect opportunity to establish a footprint in a high-growth market.
As a turnaround opportunity, no financial documents are available, but the pricing reflects the potential this space holds. The motivated sellers are ready to retire and are open to all offers, making this a deal you can't afford to overlook. With the right vision and effort, this property could become a favorite destination for locals and visitors alike.
Note: This location does not currently have a liquor license, but our team at We Sell Restaurants can connect you with a trusted Liquor Consultant to guide you through the process.
Call We Sell Restaurants today to learn more about this amazing opportunity and schedule a viewing! Don't wait—prime locations in areas like this are hard to find, and this deal won't last!
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Property Features and Assets:
Commercial Fryers (2)Flat-top Griddle (1)
Refrigeration Units (3)
Ice Maker (1)
Ventilation Hood (1)
Stainless Steel Work Tables (2)
Toaster (1)
Prep Tables (2)
Cash Register System (1)
Display Monitors (2)
Deep Fry Baskets (4)
Condiment Dispensers (3)
Booth Seating (8)
High Chairs for Children (2)
Shelving Units for Storage (3)
2 Commercial double-door refrigerators
2 Commercial double-door freezers
4 Stainless steel work tables
1 3-compartment sink
2 Deep fryers
1 Flat-top grill
2 Refrigerated prep tables
4 Wire shelving racks
1 Ice maker
1 Ventilation hood
2 Fire extinguishers
1 Countertop food warmer
Multiple storage bins and buckets
1 Commercial microwave
1 Office desk with monitor for CCTV system
Note: Equipment list is approximate and may vary. A more accurate and detailed list will be available during due diligence.
Market Competition and Expansion:
Light rail is on its way, should be completed in 10 months.Reason for Selling:
RetirementAdditional Details:
- The property is Leased.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
Relevant Links:
- View more Arizona businesses for sale
- View more Businesses For Sale in the same industry
- Sell a business online
- Find a business broker
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