Bar #6 & Restaurant with Large Patio
Phoenix Metro West Side, Arizona
| Asking Price: |
Gross: |
Cash Flow: |
| $200,000 |
$350,000 |
Undisclosed |
Furniture and Fixtures Value:
$200,000 (included in the asking price)
Inventory Value:
$3,800 ( not included in the asking price)
Real Estate:
$0 ( not included in the asking price)
Business Summary:
All new furniture, fixtures & equipment in 2007. Seller built this busy bar & restaurant from scratch. Customers love the "Old Southwestern" decor & enjoy all of the latest entertainment. Kitchen is fully equipped & could be used for any menu. Currently they are serving Mexican cuisine. Dining room seats 120 & the covered Patio seats 90. Originally, the owner started this business with a partner. The partnership did not work out for them, so he is now the sole owner. He has other business & political interests & does not have time to operate the business. Seller also owns the real estate & is willing to sell the business & the real estate for $1,200,000.
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| Year
Business was Established: 2007 |
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| Number of Employees:
1 ft & 8 pt |
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| Facilities / Terms of Lease:
2980 sq ft with 1895 sq ft patio. This will be a new lease with monthly rent $2,400. Terms will be negotiated. |
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| Owner
willing to train:
2 weeks |
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| Reason for selling:
Partnership split |
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| REQUEST MORE INFO |
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