PHOENIX, Arizona
| Asking Price |
$45,000 |
Year Established |
2017 |
|
| Annual Revenue |
$777,533 |
Reason for Selling |
Retirement |
|
| Annual P/L |
$0 |
Attention |
Mike Smith |
|
| Annual Cash Flow |
$777,532 |
Listing Number |
996615 |
|
| # of Employees |
5 |
Business Category |
Food & Beverage: Restaurants, Fast Food, Deli |
|
Business Overview:
Searching for an affordable restaurant for sale in a growing, close-knit community? Priced at only $45,000, this operating asset-sale opportunity gives an aspiring restaurant owner or experienced operator the chance to take over an established restaurant with recipes, staff, systems, equipment, marketing assets, and a catering foundation already in place.
The restaurant has operated from this location for nearly nine years and has historically generated more than $800,000 in annual sales. Recent sales are below prior historical levels, and the opportunity is not being priced based on current cash flow. Instead, this is being offered as a low-entry asset-sale opportunity for a new owner with energy, ideas, and a strong local presence to rebuild momentum.
A buyer can continue operating the existing concept and benefit from established recipes, customer awareness, operating systems, marketing assets, and a catering program. The current staff is in place, which may help provide continuity and a smoother transition for the new owner.
The sale includes the restaurant's recipes, furniture, fixtures, equipment, operating systems, marketing materials, catering assets, and other business assets included in the transaction. The approximately 2,000-square-foot restaurant has a fully equipped commercial kitchen, dining area, and bar infrastructure.
A new owner can focus on reconnecting with customers, strengthening community relationships, expanding catering, improving marketing, and growing sales without having to create every part of the business from scratch.
The restaurant benefits from an established location in Ahwatukee, surrounded by families, neighborhoods, schools, and residents who value locally owned businesses. This is the type of community where an engaged owner/operator can become known and build local customer loyalty.
Current rent is approximately $5,800 per month, including common area charges. The landlord has indicated that a qualified buyer can expect a new five-year lease with an additional five-year option, starting at approximately 10% above the current rent with 3% annual increases thereafter.
A buyer may continue the current concept or introduce a new restaurant, bar and grill, fast-casual operation, or other food and beverage concept, subject to landlord approval.
At only $45,000, this is an unusually affordable entry into restaurant ownership. This is an opportunity for someone with experience, energy, and vision to step into an existing restaurant platform and make it their own.
If you have been waiting for the right opportunity to own a restaurant, inquire today and complete the confidentiality agreement to receive additional information.
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Property Features and Assets:
15 Custom Hood
Exhaust Fan
Fire System Ansul
Make Up Air
Supply Fan
Pre wired Lights
Grease Pan
8 x 10 Walk in Cooler
55 Cup Gas Rice Cooker
30 Cup Electric Rice Cooker
72 Inch 30 Pan Big Top Sandwich Prep Cooler
Custom Gas Wok Range
3 Burner Gas Range 110000 BTU Each
Gas Fryer
24 Inch Gas Charbroiler
36 Inch Gas Range and Oven with 6 Open Burners
Ice Machine
3 Door Reach In Freezer 72 Cubic Feet
The information contained herein was obtained at the time of listing this business for sale and may change during the normal course of business. Therefore, it is not guaranteed to be accurate. You are hereby advised to independently verify this information as part of your due diligence process. We Sell Restaurants and its agents make no representation and assume no responsibility as to the accuracy of the information contained herein.
Market Competition and Expansion:
The existing competition in the area demonstrates strong customer demand for this type of cuisine, offering an opportunity to capture market share with a fresh approach and high-quality offerings
Additional Details:
- The property is Leased.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity