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Bar & Restaurant w/Patio

Phoenix Metro West Valley, Arizona

Asking Price: Gross: Cash Flow:
$250,000 $350,000 Undisclosed

Furniture and Fixtures Value:
$200,000 (included in the asking price)

Inventory Value:
$3,800 ( not included in the asking price)

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 o 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 aprtner. 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.

 
   
   
Year Business was Established: 2007
   
Number of Employees: 1 ft & 8 pt  
   
Facilities / Terms of Lease: 2980 sq ft. This will be a new lease. Monthly rent $2,400.  
   
Owner willing to train: 2 weeks  
   
Reason for selling: Partnership Split  
 

 

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