Absentee-Run Themed Tempe Mall Food Court Restaura

Tempe, AZ
Maricopa County

Asking Price: Annual Revenue:
$50,000 Not Disclosed

Food & Beverage: Restaurants, Fast Food, Deli

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RE: Absentee-Run Themed Tempe Mall Food Court Restaura Broker: Mike Darmo
Owner Financing is Available!
$10,000 down and the balance for 3 years at 7.5%

Quick Facts

Asking Price: $50,000
Annual Revenue: Not Disclosed
Net Profit: Not Disclosed
Cash Flow: Not Disclosed
Total Debt: Not Disclosed
FF&E: $125,000
Real Estate: Not Disclosed
Year Established: Not Disclosed
Employees: Not Disclosed
BBN Listing #: 870759836
Broker Reference #: Not Disclosed

Email or Print Listing

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Business Overview:

If you are looking for an awesome opportunity to find a perfect location with with a great lease and a themed food court restaurant which is a magnet for parents and their kids who would like something a little different than the ordinary the look no further. This restaurant is perfect for an owner-operator who can make around $10,000 NET income per month if they run it themself with a help staff. This restaurant boasts based on the models of other ones that have been established, Low labor costs in high traffic area. Tempe is one of the fastest growing city in the Valley. It is situated in the busiest mall in Tempe, and is ready to go to the next level with an involved owner. Currently the model will make it Absentee-Run and the owner would make a few thousand a month but just doesn't have time to take it to the next level as they are very busy with other larger projects. Also the seller is offering option of purchasing the business at $25,000 with a full cash offer. The owner is very competitive, due to currently cutting out all their restaurant portfolio due to a larger project they are involved in, with this low price and is looking for the right aggressive buyer to take it to the next level. The lease terms are 1st year Base Rent is $3,000 plus 10% of net sales (this includes CAMS); years 2 through 5 rent is $10,000 (this includes CAMS).
Hurry up this will go quick.

The Equipment and finishes are new and clean!

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Property Features and Assets:

879 Square feet restaurant in a mall food court.

Market Competition and Expansion:

Sky is the limit with a dedicated owner.

Reason for Selling:

Cutting Down the Portfolio.

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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