#6 Bar & Grill Business With Or Without Land & Building

Tolleson, AZ (Maricopa County)

Seller Financing Available
#6 Bar & Grill Business With Or Without Land & Building

Asking Price:$850,000

Cash Flow:$96,000

Gross Revenue:$504,000




Real Estate:$450,000


#6 Bar & Grill Business With Or Without Land & Building

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Business Description

Land/Building/Business available at a purchase price of $850,000 with a down payment of $350,000. The balance of $500,000 will be paid to seller by buyer including 6% interest amortized over 10 years for a payment of $5,551.05 or more per month. OR Business only available at $375,000 purchase price with a down payment of $200,000. The balance of $175,000 will be paid to seller by buyer including 6% interest amortized over 15 years all due and payable in 10 years. The monthly payment would be $1476.75. A balloon payment of $77,474.94 would be due at the end of the 10 years. Seller will give buyer a 10 year triple net lease at $3,000 a month for 10 years. Land is approximately one-half acre. The building is 2500 square feet plus a 1500 square foot outdoor patio. There are 2 bars and 2 kitchen facilities fully operational, but at this time the owner only chooses to do special steak frys and special parties etc. Lots of potential for expansion to a full grill or restaurant facility. #6 Maricopa County Liquor License valued at $90,000, equipment valued at $100,000 and inventory valued at $10,000. Financial information was provided by seller and not verified by Broker. Hours 7am-2am 7 days a week. Payroll is $5,200 a month. DJ Friday nights 8:30pm-12:30am. Seller is semi-absentee and only oversees operation and after 15 years is tired and wants to retire. Much room for expansion. A MUST SEE!!! Call Mary, the Broker, for more details--602-978-3313.

Detailed Information

Included in asking price
Real Estate:
Included in asking price
Building Sq. Ft.:
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
See Listing Summary.
Yes. See Listing Summary.
Support & Training:
Seller will train buyer 1 to 2 weeks.
Reason for Selling:

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