Description

Sold! – East Valley Restaurant & bar near golf course

PRICE: $325,000
INDUSTRY: RESTAURANTS
LOCATION: EAST VALLEY

Listing Description

This income-producing East Valley restaurant and bar is located behind one of Arizona’s beautiful golf courses. This restaurant provides breakfast to golfers before tee times and caters to the afternoon and evening crowds as well. This business operates with a number #12 liquor license and has a full staff in place. All of the FF&Es will transfer with the business as well as a training/transition period from the seller to support the buyer in continued success with this one-of-a-kind restaurant/bar. The asking price for this incredible opportunity is only $325,000 with a net income of $205,000. Seller financing is available for the right buyer with a minimum of $100k down!!!

Listing Details

Asking Price: $325,000

Gross Income: $610,000

Down Payment: $100,000

Cash Flow: $205,000

FFE: $60,000 (Included in Price)

Inventory: $6,000

Reason For Sale: Other business interest

Training & Support: The seller is willing to provide training for the new owner. The time frame is negotiable.

Operation

Year Established: 1995

Days & Hours of Operation: Mon-Sun 10 am to 10 pm

Owner Hours Per Week: 40

Employees: 11

Location

General Location: East Valley

Monthly Rent: $3,500

Square Footage: 3,500

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