Own Your Own Restaurant in Phoenix for Just $79,000 ? Prime Location

Phoenix, AZ
listing image
Asking Price:$79,000
Established Year:1993
Rent:$4,500/Month
BUSINESS DESCRIPTION

Looking for the perfect space to bring your fast-casual or full-service restaurant vision to life? This 2,800 sq. ft. restaurant in SouthWest Phoenix is priced at just $79,000 and offers incredible value in a rapidly expanding area. Situated near the upcoming light rail extension, this location provides easy access and growing foot traffic, making it a prime spot for your next venture. Opportunities like this don't last long in a market like this!
The property features a fully equipped kitchen and dining area that can accommodate a wide variety of culinary concepts. Whether you're envisioning a trendy fast-casual eatery, a sit-down family restaurant, or a combination of both, this versatile space has you covered. With rent at just $4,500 per month and two years left on the lease—plus an option to renew for an additional five years—you're getting an affordable, turn-key opportunity in one of the city's most dynamic neighborhoods.
But there's more! This restaurant also includes a secondary section that previously operated as a bar. While it needs some renovation, it offers endless potential. Transform it into additional dining space, a private events room, or even a nostalgic speakeasy-style lounge to add a unique flair to your business.
Located in a thriving part of SouthWest Phoenix, the surrounding area is buzzing with new housing, businesses, and infrastructure developments. The light rail extension is set to enhance accessibility even further, positioning your business for long-term success. Whether you're starting fresh or expanding your portfolio, this is the perfect opportunity to establish a footprint in a high-growth market.
As a turnaround opportunity, no financial documents are available, but the pricing reflects the potential this space holds. The motivated sellers are ready to retire and are open to all offers, making this a deal you can't afford to overlook. With the right vision and effort, this property could become a favorite destination for locals and visitors alike.
Note: This location does not currently have a liquor license, but our team at We Sell Restaurants can connect you with a trusted Liquor Consultant to guide you through the process.
Call We Sell Restaurants today to learn more about this amazing opportunity and schedule a viewing! Don't wait—prime locations in areas like this are hard to find, and this deal won't last!
By providing your phone number to We Sell Restaurants, you are agreeing to receive text notifications.


DETAILED INFORMATION
Location
Phoenix, AZ
Inventory
Not Included in asking price
Real Estate
Leased
Building SF
2,800
Lease Expiration
02/11/2027
Employees
9
Facilities
Commercial Fryers (2) Flat-top Griddle (1) Refrigeration Units (3) Ice Maker (1) Ventilation Hood (1) Stainless Steel Work Tables (2) Toaster (1) Prep Tables (2) Cash Register System (1) Display Monitors (2) Deep Fry Baskets (4) Condiment Dispensers (3) Booth Seating (8) High Chairs for Children (2) Shelving Units for Storage (3) 2 Commercial double-door refrigerators 2 Commercial double-door freezers 4 Stainless steel work tables 1 3-compartment sink 2 Deep fryers 1 Flat-top grill 2 Refrigerated prep tables 4 Wire shelving racks 1 Ice maker 1 Ventilation hood 2 Fire extinguishers 1 Countertop food warmer Multiple storage bins and buckets 1 Commercial microwave 1 Office desk with monitor for CCTV system Note: Equipment list is approximate and may vary. A more accurate and detailed list will be available during due diligence.
Competition
Light rail is on its way, should be completed in 10 months.
Growth & Expansion
The area is experiencing rapid growth and expansion, with new housing developments, businesses, and infrastructure projects continuously emerging, making it a prime location.
Support & Training
Negotiable
Reason for Selling
Retirement
Report an Issue with this listing
profile-img
Mike
Smith
We Sell Restaurants
Mike Smith