Beautiful Upscale Restaurant. Sales Over $1.5 Million

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Asking Price:
$395,000

Gross Revenue:
$1,535,692
Cash Flow:
$115,462
(Seller's Discretionary Earnings)

EBITDA:
 Not Disclosed
Inventory:
$10,000
included in asking price

FF&E:
$170,000
included in asking price

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Business Description

Beautiful Upscale Restaurant in Stunning Foothills Location with Great Views. Long-Term Lease. Growing Sales Over $1.5 Million.

Tremendous opportunity for chef / restaurateur to own a special restaurant in one of Tucson’s top locations. Growing area with great demographics. Upgraded and remodeled kitchen less than three years old. Beautiful bar and dining room seats 180. Could develop in to one of Tucson’s finest and most profitable restaurants for a new, hands-on owner!
Location has Great Views. Long-Term Lease. Growing Sales Over $1.5 Mil.

About the Business

Year Established:
2015
Number of Employees:
15FT, 10PT
Real Estate:
Leased
Building Sq. Ft.:
5,991
Lease Amount/Mo.:
$9,712.00
Lease Expiration:
4/1/2029
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About the Sale

Reason For Selling:
Other Business Interests to Manage.
Training/Support:
Seller is negotiable as to the length of the Familiarization Period based on the needs of the buyer.

Listing Info

ID:
1514618
Ad Detail Views:
814

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$
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Business Listed by

Jon Barger, CBB, SBA

Tucson Business Investments
License# BR103060000

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U.S. Census Data for Pima and Pinal Counties, AZ
Age

Gender

Ethnicity

Source: Decennial Census (2010), United States Census Bureau.

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

U.S. Community Survey Data for Pima and Pinal Counties, AZ
Income

Education

Source: American Community Survey (2010-2014), United States Census Bureau.

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.


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