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Successful Restaurant/Bar with #6 License. West Valley

Maricopa County, AZ
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Asking Price:$1,100,000
Inventory:$36,000
Established Year:2009
Gross Revenue:$3,000,000
Rent:$17,000/Month
Listing ID: 2210573Listing provided by BizBuySell
BUSINESS DESCRIPTION

Busy Restaurant/Bar in west valley with #6 License Grossing $3 Million per year. Owners retiring. great long-term potential as area is growing rapidly.

DETAILED INFORMATION
Location
Maricopa County, AZ
Inventory
Included in asking price
Real Estate
Leased
Building SF
5,400
Lease Expiration
28/02/2029
Employees
32
Facilities
Tables, chairs, Bar stools, full kitchen, 5 year lease, Landlord is open to extend lease.
Competition
Prime location on busy intersection.
Growth & Expansion
Nearby established condos and new housing. This business grosses $3M per year and is well suited for an Owner/Operator. The restaurant includes indoor and outdoor (large, heated patio with misting system for summer months) dining with a coveted Series 6 Liquor License and continues to bring back repeat customers. The restaurant currently operates 7 days per week for lunch and Dinner with a dedicated and outgoing staff and has excellent reviews with plenty of room for additional growth; you can build upon an already thriving establishment.
Financing
None
Support & Training
One month training, free consulting for as long as necessary.
Reason for Selling
Owners retiring.
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John oconnell
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John oconnell
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