Established Destination Restaurant W/Prime Real Estate

Asking Price$1,800,000

Cash Flow

EBITDA$120,286

Gross Revenue$2,097,779

InventoryNot Disclosed

FF&E$450,000
Included in asking price
Real Estate$1,140,000
Included in asking price
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Established Destination Restaurant W/Prime Real Estate


Asking Price$1,800,000

Cash Flow

EBITDA$120,286

Gross Revenue$2,097,779

InventoryNot Disclosed

FF&E$450,000
Included in asking price
Real Estate$1,140,000
Included in asking price
Business Description
This Established Destination restaurant for sale in Arizona serves fresh, scratch-made dishes from locally sourced ingredients. The business is located in a scenic area of Arizona with beautiful mountain views. The restaurant seats 150 between the indoor dining area and outdoor area with a fire pit. There is also a private event room which seats an additional 50 people and is often booked for corporate events or wedding rehearsal dinners. The restaurant serves lunch and dinner seven days a week, brunch on weekends and offers special event dinners during holidays or for other special occasions. The restaurant also does a thriving catering business.
About the Business
Years in Operation
15
Employees
38 (5 Full-time, 33 Part-time)
Facilities & Assets
The restaurant is over 5,000 square feet which includes indoor dining, outdoor patio with fire pit, and a separate private event room. The building has had recent upgrades including a new roof, and a newly paved parking lot.
Market Outlook / Competition
This business stands out among competitors due to their attention to detail, both in the quality and consistency of their food as well as the outstanding level of service.
Opportunities for Growth
The business could see growth by offering specialty wine dinners with featured pairings, collaborations with local products, and pop-up events in the special event room like cooking classes by the chef. Catering services could also be better marketed and expanded.
Real Estate
Owned or Leased
Owned
Included in asking price
Building Sq. Ft.
5,000
About the Sale
Seller Motivation
Retirement
Transition Support
Negotiable
Listing Info
ID
2521153
Listing Views
13
Attached DocumentsAttachment Disclaimer

Established Destination Restaurant w Prime Real Estate.pdf


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Business Listed by: Tom Forsythe Benchmark Business Group

Listing ID: 2521153 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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