PRICE REDUCED! Location, Location, Location! This well-established Restaurant and Bar for Sale, located in a bustling shopping center in North Phoenix , is now available for sale at an incredible price of $375,000 .With annual sales exceeding $1.7 million and an owner benefit of $286,000, this opportunity is too good to miss. While the restaurant name and recipes are not included, you have the freedom to bring your own unique concept to this highly sought-after location.
Situated in a busy shopping center, this Bar for Sale near Scottsdale attracts a diverse clientele ranging from families to people of all ages. It has become a go-to destination, known for its vibrant atmosphere and excellent service. Expanding to operate seven days a week and extending evening hours could offer significant room for growth for this already thriving restaurant.
With the assistance of We Sell Restaurants and our network of lenders, we can help you navigate the loan process with a 20% down payment and strong credit. We are committed to making your dream of owning this exceptional restaurant a reality. Let us guide you through the process and help turn your dreams into a successful venture This is your chance to take over an established business and make it your own. Imagine being the proud owner of a Restaurant & Bar for Sale that consistently generates a substantial owner benefit year after year, with annual sales reaching impressive heights.
This Restaurant & Bar for Sale is a home run in the vibrant city of North Phoenix, known for its thriving economy and positive business climate and is close to the trendy city of Scottsdale. With robust economic growth, a rapidly expanding population, and strong consumer spending, North Phoenix offers an ideal environment for businesses to thrive. As a popular tourist destination and a hub for entrepreneurship, the city presents abundant opportunities for success. Its business-friendly policies, low taxes, and supportive ecosystem further enhance its appeal.
The spacious climate-controlled patio and sought-after industrial look and feel add to the charm of this over 3,000 sq ft restaurant. The lease for this fantastic restaurant extends until July of 2031 and has a five year option. The monthly rent is set at just $14,000 all in for this well-designed space and fully equipped kitchen. The owner sparred no expense for you to take the reins and continue the success of this amazing Restaurant & Bar for Sale.
Don't miss out on this exceptional opportunity. Bring your offers today and secure your future as the proud owner of this thriving Restaurant & Bar for Sale!
Lease Term: expires July 2031 + 5 year option
Monthly Rent: $14000,
Indoor Seating: 120 | Patio Seats: 40
Inside Sq. Ft: 3000,
Hood System: Yes
Neighboring Businesses: The area is known for its retail shops, including clothing stores, electronics retailers, and specialty boutiques. Additionally, you can find a variety of dining options, ranging from fast-casual eateries to upscale restaurants, offering cuisines from aro
Hours Open: Monday 11-9, Tuesday Closed Wed - Sun 11-9
# of Part-Time Employees: 22
# of Full-Time Employees: 4
Net Sales: $1763627.24
Owner Benefit: $286030.81