Restaurant with Large Patio

Phoenix, AZ
Maricopa County

DESERT HILLS


Asking Price: Annual Revenue:
$950,000 Not Disclosed

Food & Beverage: Bars, Clubs, Nightspots


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RE: Restaurant with Large Patio Broker: Sheryl K Reese
License #: BR005917000
Owner Financing is Available!
$500,000 down; Balance is amortized over 10 years with a 5 year stop; Monthly payments: $4,592.96 include 6% interest.

Quick Facts

Asking Price: $950,000
Annual Revenue: Not Disclosed
Net Profit: Not Disclosed
Cash Flow: $314,091
Total Debt: Not Disclosed
FF&E: $150,000
Real Estate: Not Disclosed
Year Established: 2010
Employees: 28
BBN Listing #: 537743913
Broker Reference #: Not Disclosed

Email or Print Listing

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Business Overview:

This very busy Restaurant & Bar is located in one of the fastest growing areas of the Phoenix West Valley.

Business has been open for 10 years and every year has been better than the last (with the exception of the COVID year due to the required restaurant closings in Arizona) 2021 year to date revenues are higher than any previous year-end sales.

Business shows a real pride of ownership.
Owner is ready to sell and relocate.
Owner will train for 2 weeks.

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Property Features and Assets:

Located is a very attractive shopping center end-cap. 2836 sf inside seats 96 - plus a 900 sf Patio that seats 75. Patio is perfect for private parties or simply dining outside. Large screen TV's are placed through-out to provide all of the sports for their customers. Seller will give a covenant not to compete for 5 miles & 5 years.

Reason for Selling:

Retiring

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.

Relevant Links:

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