AZ Seasonal Restaurant w/Class 6 Liquor on N Apache Trail -Live Music!

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22yr loyal patrons fill dance floor to live music 6 days/week
Asking Price:
$311,222

Gross Revenue:
 Not Disclosed
Cash Flow:
 Not Disclosed
EBITDA:
 Not Disclosed
Inventory:
 Not Disclosed

FF&E:
 Not Disclosed
included in asking price

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Business Description

Highly demanded Western-Themed Venue with direct Highway visibility at entrance (less than 6 miles) from some of the most popular attractions in Arizona with an estimated 600,000 annual seasonal visitors: Tonto National Forest, Canyon Lake's full Marina, the Apache Trail, Lost Dutchman Park, and authentic 100+ year old Goldfield Ghost Town and Tortilla Flats located in Arizona's Superstition Mountains.

It is located in the Phoenix East Valley right on Apache Trail (ranked No.49 on TripAdvisor among 1614 attractions in Arizona), 6 miles from Goldfield Ghost Town, 2 miles from a top rated HOA RV Campground, 17 miles from the nearest airport, 30 miles from Phoenix Sky Harbor International Airport, 8 miles from the custom homes of Gold Canyon (home of 5 championship golf courses), and 30 miles from Scottsdale Arizona.
Whether you want a management-run restaurant or want to roll your sleeves up and run it yourself, this is the ultimate opportunity for anyone who wants to live in Arizona, have fun and make a great living! The owners have worked hard to build it into the solid business it is today and it comes with significant potential to increase profitability. Owners since 2005 ready to retire. The establishment has also built a solid team of loyal, reliable employees, several of which have been working there since day one, available to stay on with the new ownership. Valuable Class 6 Liquor License (dine in & take-out) and much of the 5 acres remain undeveloped for an expansion opportunity (real estate for sale separately) into the final stop for restaurant take out, sundries, beverages, camping, hiking and boating supplie.

This 22 year old existing restaurant is a thriving community staple with live music packing the dance floor 6 days/week and known for its trademarked "Broasted Chicken" and family style dining. Profitable now as a single-dimensional western themed restaurant despite the limited (word of mouth) advertising.

The 5 acres still has plenty of room for expansion (water line prep complete) without encumbering the views of the Superstition Mountains. Existing 4200+ square foot indoor facilities seat 150 in the dining room and 450 outdoors on the 10,000 square foot patio. Outside there is an elevated stage with lockable band storage area, a retail store, a barn and a chuckwagon & plenty of parking. Valuable Class 6 Liquor License (dine in & take-out) and much of the 5 acres remain undeveloped for an expansion opportunity into the final stop for restaurant take out, sundries, beverages, camping, hiking and boating supplies.

This 22 year old existing restaurant is a thriving community staple with live music packing the dance floor 6 days/week and known for its "Broasted Chicken" and family style dining. Profitable now as a single-dimensional western themed restaurant despite the limited (word of mouth) advertising.

Home builders are very very busy trying to keep up with the growth in the area!

WESTERN-THEMED DEMAND IN ARIZONA: Prompted by a 2015 study, the Fairmont Resorts made a significant investment in remodeling and rebranding their facilities based on the Arizona market demand for Western-Themed facilities. Scottsdale's JW Marriott made a similar investment last year. Located just a few miles from the only authentic historic western towns in Phoenix Metro (the 6th largest population in the U.S.), Filly's is at the right place at the right time.

For those of you locals, visualize a combination of Harold's Corral in Cave Creek, with the original Rawhide in Scottsdale, and put it on 5 acres at the entrance to Arizona's second highest tourist draw.

All information deemed reliable, but not guaranteed. Buyer is responsible for performing due diligence. Financials provided to qualified buyers only, proof of funds/qualifications will be required.

About the Business

Year Established:
2005
Number of Employees:
17
Real Estate:
Leased
Building Sq. Ft.:
4,200
Facilities:
Over 4,200 square feet of Restaurant with furniture, fixtures & equipment. Well maintained by contractor-owner husband over the years. Indoor seating for 150, Bar, kitchen, 10,000 sq ft patio providing additional 450 sit-dining furnishings. Elevated stage with band storage room, Valuable Class 6 liquor license, Walk-in Cooler, Rear Barn, Trademarks & Logos.
Website:
vdbteam.us/commercial
Market Outlook/
Competition:
Strong demand for western-themed venues. Limited competition in the immediate area for live music full service restaurant and none with these views! Need for take-out food, camping, fishing, hiking, liquor here on Apache Trail/US 88 close to the entrance to Tonto National Forest Recreation Area.
Growth & Expansion:
Expansion opportunity to utilize the take-out provisions of this valuable Class 6 Liquor Incense. In addition to the need for a take out food and sundries with fishing, hiking, camping gear. Real estate also available for sale separately.
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About the Sale

Reason For Selling:
Retirement
Training/Support:
Owners retiring, training period negotiable.
Seller Financing:
Real Estate also for simultaneous sale

Listing Info

ID:
1259536
Ad Detail Views:
299

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Business Listed by

Denise van den Bossche

Realty Executives

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