Retail - Restaurants | Retail - Other Eating & Drinking Places

$Seller Financing Available

Asking Price	$175,000	Inventory	$7,000*
Gross Income	$410,471	Real Estate
Cash Flow	$100,000	Year Established	1979
FF&E	$50,000*	Employees	1 ft 6 pt

* included in the asking price

** not included in the asking price

This restaurant has been serving the students of Arizona State University for over thirty years now. It's located at an extremely busy intersection just blocks away from the school as well as many apartments and neighborhoods. Building has about three thousand square feet and comes with a huge kitchen with an enormous amount of storage space for food and equipment. Seating for between eighty and one hundred people, the owner has recently lowered the price in hopes of finding the right buyer sooner than later. Restaurant is open weekdays until 2 p.m. and Friday through Sunday until 3 p.m.

Facilities: About 3000 square feet of space in a free standing building, huge kitchen with plenty of storage for food and equipment. Seating for about eighty people in this spacious, clean establishment.

Competition: A free standing restaurant on a busy intersection in Tempe is hard to come by, especially one that is blocks away from a huge university and surrounded by neighborhoods.

Seller Financing Available: Yes

Financing: $100,000 down, balance carried over a five year term at eight percent interest

Support/Training: One month

Reason Selling: Owner is tired and would like to settle down