NOT DISCLOSED, Arizona
| Asking Price |
$350,000 |
Year Established |
|
|
| Annual Revenue |
$580,528 |
Reason for Selling |
Other Interests |
|
| Annual P/L |
$0 |
Attention |
Bryan Vitagliano |
|
| Annual Cash Flow |
$0 |
Listing Number |
1012949 |
|
| # of Employees |
|
Business Category |
Food & Beverage: Bars, Clubs, Nightspots |
|
Business Overview:
This Bar and Cocktail Lounge is located within walking distance of residential housing, corporate offices and entertainment venues. Whether for lunch, happy hour, or winding up or down an evening, this lounge caters to all crowds.
The space is artfully decorated, transporting the customers to a place like no other in Arizona. With a limited food menu and a robust menu of specialty cocktails, it’s the perfect recipe for high margins on sales.
The current owners purchased the bar as a passion project and as their priorities changed, the decision to sell became clearer. The operation is currently run absentee with a manager in place and would benefit dramatically from a more involved owner or ownership group.
The Series 6 liquor license for Maricopa County is clean, and included in the purchase price, along with all on-hand inventory and the Seller’s tangible and intangible assets used in the operation of the business.
At $350,000, this opportunity will not last long. Please email or call with interest.
Restaurants For Sale - www.phxrestaurantsforsale.com
Property Features and Assets:
Market Competition and Expansion:
<p>There is opportunity for growth.<br></p>
Additional Details:
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity