PHOENIX, Arizona
| Asking Price |
$550,000 |
Year Established |
|
|
| Annual Revenue |
$650,000 |
Reason for Selling |
|
|
| Annual P/L |
$125,000 |
Attention |
Mike Darmo |
|
| Annual Cash Flow |
$0 |
Listing Number |
1014869 |
|
| # of Employees |
|
Business Category |
Food & Beverage: Restaurants, Fast Food, Deli |
|
Business Overview:
If you are looking for a turn-key, fully remodeled Diner in the heart of North Phoenix situated in a stand alone building on the corner of a busy intersection with all the equipment needed and turn-key ready to go then look no further. This business has been around for years and is situated near a good amount of traffic and other businesses in the immediate area. The books and records are there and everything is done in a point of sale system so verification of revenue should be very easy. The cafe is 5000 sq.ft. with tons of seating and a great lease as well at only $10,085 per month. The hours are great as well as it is only open Mon-Sun 8am-2pm. If you decided to do dinner, it would definitely increase the revenue. The owner spent over $200,000 on upgrades, repairs and equipment in the past two years and the business boast over $300,000 worth of FF&E. These types of business don't last especially with this price, hours, location and lease. Hurry up this will go quick.
Property Features and Assets:
<p>5000 sq.ft. Stand-Alone Building in the corner of a busy intersection.<br></p>
Market Competition and Expansion:
<p>Tons of room for growth with more online marketing.<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