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HEALTH FORCES SALE - Turn-Key Restaurant & Bar

Tucson, AZ
American Restaurant
Sale Pending
Asking Price:$250,000
Inventory:$20,000
Established Year:2005
Gross Revenue:$1,270,868
Rent:$8,685.15
Listing ID: 2219171Listing provided by BizBuySell
BUSINESS DESCRIPTION

HEALTH FORCES SALE - Don't miss out on this truly one of a kind restaurant opportunity. This restaurant and bar is award winning and has been featured at both local and national levels.

This restaurant is a great fit for a buyer looking to acquire an existing restaurant, rather than starting their own. It could provide a launch pad for a new owner to spin off their own concept or further develop the current one!

This restaurant is situated in a premiere location with unmatched foot traffic and bolsters a strong brand and experienced staff. It exudes personality and character through a unique and vibrant atmosphere, a unique menu, and incredible food! Featuring over the top flavor, fun and festive monthly offerings, and even food challenges, this restaurant will never get boring.

This restaurant has a total of 16 staff members. The team includes an experienced General Manager of 12 years, 2 Lead Kitchen personnel, and a lead Server/Bartender.

A complete Confidential Business Review is available upon the execution of a non-disclosure/confidentiality agreement (NDA), and after a potential initial introductory call with the listing broker.

Comment to Financials: Gross Revenue is based on the 2022 Federal Tax Return.

DETAILED INFORMATION
Location
Tucson, AZ
Inventory
Included in asking price
Real Estate
Leased
Building SF
3,328
Lease Expiration
31/12/2027
Employees
16
Facilities
The facility comes with beautiful, ornate furniture and fixtures. All equipment and supplies are top quality. Furniture, fixtures, equipment used in business activities are included in the offering. A detailed list of FF&E and vehicles is in process and will be provided upon request.
Competition
After the pandemic, the restaurant industry faced profound changes which lead to a shift to takeout and delivery, and the acceleration of technology adoption. This restaurant has been able to stay ahead of the labor shortages and supply chain disruptions by embracing strong relationships with both employees and the community. The restaurant maintains a robust and loyal customer base, which allows it to stand out from its competition.
Growth & Expansion
There is potential for growth through the development of additional special events and off-site catering services. The established local reputation adds credibility to its capacity to expand into new locations, as well as partner with other local businesses. The introduction of new ownership, possibly through a strategic purchaser, could bring fresh perspectives and operational efficiencies. The acquisition of this restaurant also allows for flexibility to modify or broaden the current menu, aiming to attract either repeat or new customers.
Financing
Seller is open to discussions regarding Seller Financing to a very qualified Purchase
Support & Training
The seller and management will provide training and transitional support. The amount of which will be dependent upon the experience and requirements of the purchaser.
Reason for Selling
Health and Retirement
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Dana
Cole, CBI,CBB
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Dana Cole, CBI,CBB
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