$420,000 NET N. Phoenix Upscale #12 Mexican Bar & Restaurant

Asking Price$650,000

Cash Flow

EBITDANot Disclosed

Gross Revenue$2,250,000

InventoryNot Disclosed

FF&E$150,000
Included in asking price
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$420,000 NET N. Phoenix Upscale #12 Mexican Bar & Restaurant


Asking Price$650,000

Cash Flow

EBITDANot Disclosed

Gross Revenue$2,250,000

InventoryNot Disclosed

FF&E$150,000
Included in asking price

Seller Financing Available
Business Description
Hurry up this will go quick. This bar sits right in the heart of the upscale North Phoenix and has perfect placement in a busy shopping area with nationwide corporate tenants near by. The restaurant offers a unique upscale Mexican cuisine and also boasts a wide selection of food and drinks as well. The lease is amazing for being priced so well for the location and long-term at only $12,825 a month for a very large 3500 sq.ft space with a 1700 sq ft patio. This business has a full bar and a lots of TV'S and seating for a lot of people inside. Also it boasts a double outdoor patio as well. It has been recently renovated and has a large interior with a large kitchen and bar. This is truly turn-key and this is the prime time to buy as the busy season is just beginning to bring in your new concept and brand. Seller is offering amazing Seller Financing Terms as well with $500,000 down and $150,000 over 3 years at 7%. Hurry up this will go quick.
About the Business
Facilities & Assets
Located inside a large corner building
Opportunities for Growth
Tons of room for growth with a dedicated owner and bringing your own brand.
Real Estate
Owned or Leased
Leased
Building Sq. Ft.
3,500
Rent
$12,825.00 per month
About the Sale
Transition Support
2 Weeks after Sale
Financing Options
$500,000 down and $150,000 over 3 years at 7%
Listing Info
ID
2469293
Listing Views

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Business Listed by: Mike Darmo American Realty Brokers

Listing ID: 2469293 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.


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