Browse Restaurants for sale

Arizona Restaurants for Sale

Arizona Restaurants for Sale

Arizona Restaurants for Sale

Looking at Arizona Restaurants for Sale? You've chosen a great state to purchase a restaurant in. Whether you intend to move to the state for the restaurant, or you are a native Arizonian expanding your restaurant ownership portfolio, this page offers some insights into the state's restaurant industry, population, and economic outlook. All of these items are helpful to you as Read on to learn about Arizona's restaurant industry, economic overview, and population. Then, browse all Arizona Restaurants for Sale to take the next steps towards buying a restaurant.

Arizona is famously known as the Grand Canyon State. Besides being home to one of the most impressive natural formations on the continent, Arizona is home to those small town, local establishments that are famous for serving hungry trippers journeying through the state. As a travel destination, there is always a crowd of tourists to serve. In fact, Arizona was a top state for restaurant growth in 2014. Prior to the 2020, there were nearly 10,000 Arizona restaurants.

Arizona’s Economic Outlook

Arizona is one of the fastest-growing states in the U.S. Its population has increased by nearly 30% since 2000 and shows no signs of slowing down. This population growth is largely due to retirees moving to Arizona for its warm weather and low cost of living. In fact, Arizona is one of the top destination states for retirees.

Additionally, Arizona’s job market is strong and has been steadily growing. The state’s unemployment rate was 6.1% in 2021, but is forecasted to decrease through 2024. The state of Arizona was also in the top 10 list of states with the best workforce in 2021 and 2022.

What does this mean for Arizona restaurants? Arizona’s population is growing, and more people are employed and have disposable income to spend on dining out. The state expects the population to continue growing by an additional 100,000+ residents each year through 2024. This makes Arizona an ideal state to open or expand a restaurant business as more people move to the state or travel through as tourists.

Arizona’s Restaurant Industry

The restaurant industry in Arizona is booming. Arizona is home to about 12,000 restaurants, which generate nearly $11 billion in revenue each year. The state’s restaurant industry is expected to grow by about three percent in 2020.

There are several reasons why the Arizona restaurant industry is growing so rapidly. First, as mentioned before, Arizona’s population is growing. This population growth, combined with the state’s strong job market, means that more people have disposable income to spend on dining out.

Second, Arizona’s tourism industry is booming. In 2019, Arizona welcomed nearly 45 million visitors. These visitors spent an estimated $27 billion while in the state. Many of these visitors dined out while in Arizona, which helped contribute to the state’s strong restaurant industry.

If you’re thinking about buying a restaurant in Arizona, now is a great time to do so. Arizona’s population is growing, its job market is strong, and its tourism industry is booming. All of these factors are helping to drive the state’s restaurant industry.

 

Resources for Buying Restaurants for Sale in Arizona

Now that you know more about Arizona’s restaurant industry and economic outlook, you’re ready to start looking for restaurants for sale in Arizona. Here are a few resources to assist you while you browse the Arizona Restaurants for Sale on our website:

Arizona Restaurant Association

Arizona Department of Liquor

Starting a Restaurant - Visit the Arizona Secretary of State Website

Small Business Administration - Financial Programs to Buy Restaurants for Sale

Restaurant Equipment and Supplies

Restaurant Financing and Access to Capital

Arizona Restaurants for Sale

Doreen Gorman, Certified Restaurant Broker®

Doreen Gorman is a seasoned professional in the restaurant and hospitality industries and currently serves as the We Sell Restaurants Franchise Partner for the Glendale Arizona.

$152,000 Earnings on the Books - Oro Valley Burger Franchise for Sale!

$152,000 Earnings on the Books - Oro Valley Burger Franchise for Sale!

Listing Id:10868 Lease Term:Expires 2028 w.. Monthly Rent$5148.11, Sq.ft.1938,
Tucson Burger Franchise for Sale with Owner Earnings of $86,000

Tucson Burger Franchise for Sale with Owner Earnings of $86,000

Listing Id:10867 Lease Term:Expires 2025 Monthly Rent$5213.38, Sq.ft.2880,
Ultimate Comfort Food Franchise for Sale! Must See!

Ultimate Comfort Food Franchise for Sale! Must See!

Listing Id:10801 Lease Term:expires January.. Monthly Rent$3268.46, Sq.ft.1669,

Kevin Hudson, Certified Restaurant Broker®

Kevin Hudson is a Certified Restaurant Broker® and Franchise Partner for We Sell Restaurants in Scottsdale, AZ.

Turn-key BBQ Restaurant for Sale - $785,000 in sales - Gilbert, AZ

Turn-key BBQ Restaurant for Sale - $785,000 in sales - Gilbert, AZ

Listing Id:10750 Lease Term:Expires Sept 20.. Monthly Rent$6611, Sq.ft.3408,
Turnkey Italian Restaurant for Sale in Gilbert, AZ

Turnkey Italian Restaurant for Sale in Gilbert, AZ

Listing Id:10730 Lease Term:Current thru 09.. Monthly Rent$4267.54, Sq.ft.2356,

How to Buy a Restaurant: The 9 Steps from Inquiry to Closing

Are you looking to buy a restaurant? If so, you're in luck! In this article, we will outline the complete process in nine steps that will help make the process easier.

Profitable Bar & Restaurant for Sale In Downtown Flagstaff with Patio!

Profitable Bar & Restaurant for Sale In Downtown Flagstaff with Patio!

Listing Id:10701 Lease Term:expires January.. Monthly Rent$8200- Sq.ft.3875-
Six-Figure Earnings & Over $1 Million in Sales at Mesa Franchise for Sale

Six-Figure Earnings & Over $1 Million in Sales at Mesa Franchise for Sale

Listing Id:10683 Lease Term:Expires 2025 Op.. Monthly Rent$6974.92, Sq.ft.2174,
Over $185,000 in earnings on this Franchise for Sale in Phoenix!

Over $185,000 in earnings on this Franchise for Sale in Phoenix!

Listing Id:10679 Lease Term:Expires 2025 Op.. Monthly Rent$7512.02, Sq.ft.1827,

Mike Smith, Certified Restaurant Broker®

Mike Smith is the Certified Restaurant Broker® and Franchise Partner for the Phoenix, Arizona market. He has 25 years of experience in the restaurant industry.

Healthy Concept Franchise for Sale in Tempe AZ - Earnings of $172,000!

Healthy Concept Franchise for Sale in Tempe AZ - Earnings of $172,000!

Listing Id:10675 Lease Term:Expires June 20.. Monthly Rent$8784, Sq.ft.1952,
Healthy Fast Casual Franchise for Sale in Peoria! Very Busy Location!

Healthy Fast Casual Franchise for Sale in Peoria! Very Busy Location!

Listing Id:10666 Lease Term:Original 10 yea.. Monthly Rent$10266.67, Sq.ft.2000,
Charming Breakfast & Lunch Cafe For Sale in the West Valley! Reduced Price!

Charming Breakfast & Lunch Cafe For Sale in the West Valley! Reduced Price!

Listing Id:10650 Lease Term:Landlord will w.. Monthly Rent$1332.50, Sq.ft.2000,
Vibrant Mexican Restaurant for Sale with Liquor License! Glendale Location!

Vibrant Mexican Restaurant for Sale with Liquor License! Glendale Location!

Listing Id:10646 Lease Term:expires 11/2026 Monthly Rent$1857.48, Sq.ft.1167,
Profitable Mexican Restaurant & Bar For Sale! Over 40 Years in Business!

Profitable Mexican Restaurant & Bar For Sale! Over 40 Years in Business!

Listing Id:10638 Lease Term:The real estate.. Monthly Rent$Real Estate for.. Sq.ft.3200,
Earnings of $72,000 Healthy Concept Franchise for Sale in Scottsdale

Earnings of $72,000 Healthy Concept Franchise for Sale in Scottsdale

Listing Id:10632 Lease Term:Expires 2025 Op.. Monthly Rent$7122.50, Sq.ft.2200,
Restaurant and Bar for Sale – Over $900,000 in Sales, Only $149,000 to Own!

Restaurant and Bar for Sale – Over $900,000 in Sales, Only $149,000 to Own!

Listing Id:10619 Lease Term:Expires January.. Monthly Rent$11491, Sq.ft.2447,
Great Price on Tucson Market Mexican Restaurant for Sale - Near Oro Valley!

Great Price on Tucson Market Mexican Restaurant for Sale - Near Oro Valley!

Listing Id:10591 Lease Term:Expires 2025 wi.. Monthly Rent$4520, Sq.ft.2160,
Two Burger Franchises for Sale in Tucson with Owner Earnings over $200,000

Two Burger Franchises for Sale in Tucson with Owner Earnings over $200,000

Listing Id:10561 Lease Term:Expires 2025 | .. Monthly Rent$5213.38,5148.11.. Sq.ft.2880,1938,
Profitable Bar and Restaurant for Sale Located in Gilbert, AZ. Turnkey!

Profitable Bar and Restaurant for Sale Located in Gilbert, AZ. Turnkey!

Listing Id:10469 Lease Term:Expires July 31.. Monthly Rent$3711, Sq.ft.1628,
Newly Renovated Restaurant - Low Rent Opportunity - Do Not Miss This One!

Newly Renovated Restaurant - Low Rent Opportunity - Do Not Miss This One!

Listing Id:10456 Lease Term:expires Februar.. Monthly Rent$2185, Sq.ft.5000,
Turnkey Downtown Phoenix Restaurant & Bar for Sale: $1.6M in Sales!

Turnkey Downtown Phoenix Restaurant & Bar for Sale: $1.6M in Sales!

Listing Id:10378 Lease Term:Expires March 2.. Monthly Rent$9812- Sq.ft.2800-
Food Business for Sale - Phoenix Snack Manufacturing and Packaging Facility

Food Business for Sale - Phoenix Snack Manufacturing and Packaging Facility

Listing Id:9868 Lease Term:Expires 02/28/2.. Monthly Rent$1430.95, Sq.ft.1617,
Price Cut: Profitable Restaurant & Bar - Low Rent in Casa Grande, AZ

Price Cut: Profitable Restaurant & Bar - Low Rent in Casa Grande, AZ

Listing Id:9301 Lease Term:Expires 2026 wi.. Monthly Rent$1974- Sq.ft.1520-
Showing 1 - 31 Records Of 31
  • 1