Turnkey Restaurant/Bar Prime Location - Over $1M Invested in Buildout

Tempe, AZ

Seller Financing Available

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Asking Price:$475,000
Gross Revenue:$3,400,000
Rent:$36,000/Month
Established Year:2022
Cash Flow:$580,000
Inventory:$65,000
FF&E:$650,000
BUSINESS DESCRIPTION

Opportunity to own a fully equipped turnkey restaurant and bar in a prime location in Tempe, AZ. Restaurant has full equipped kitchen. This unique bar is known for its vibrant atmosphere and cutting-edge electronic music events. This venue offers a unique blend of dining, drinks, (sake and more) and nightlife, attracting a diverse crowd of music enthusiasts and food lovers. The club regularly hosts a variety of concerts and events, featuring renowned DJs and artists, making it a premier destination for nightlife in the area. This restaurant provides an immersive experience with top-notch sound and lighting systems, ensuring every event is memorable.

Situated in a prime location with a large student population from Arizona State University. The ideal buyer would be a restaurant operator, entrepreneur, or investor. Seller open to partial seller finance. Contact us for more details!


DETAILED INFORMATION
Location
Tempe, AZ
Inventory
Included in asking price
Real Estate
Leased
Building SF
9,300
Lease Expiration
31/12/2032
Employees
46
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Support & Training
2-4 weeks
Reason for Selling
Seller is moving into a different industry
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Drs.
Leilani & Fernando
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Drs. Leilani & Fernando