Western Restaurant/Bar, Gift Shops, Real Estate

Phoenix, AZ (Maricopa County)

Western Restaurant/Bar, Gift Shops, Real Estate

Asking Price:$2,400,000

Cash Flow:$340,901

Gross Revenue:$1,804,620

EBITDA:N/A

FF&E:N/A

Inventory:N/A

Real Estate:N/A

Established:1976

Western Restaurant/Bar, Gift Shops, Real Estate

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Business Description

Profitable and established full-service restaurant/bar (7780 SF) and rental gift shops (3530 SF) on 2 ½ acres of real estate. Created, owned & operated by the same family for many years. This renowned establishment is now available pending retirement of owner/operator. Located in a great city with year-round western activities, restaurant has indoor seating for 242 & outdoor seating for 42 on large patio overlooking western scenery. Well-equipped & efficient kitchen. Ideal flagship location for a major national player or local restaurant group. Restaurant is well known and liked by hundreds of thousands of customers over 40 years. There is realistic potential to substantially increase revenue by experienced new ownership that invests in the property to expand the facility (restaurant, bar, lounge, patio, and/or gift shops) onto recently acquired adjacent property. This popular establishment is an ideal acquisition for persons interested in carrying on the western-themed heritage. Rental income from gift shops a plus!

SBA approved loan for qualified buyers.

Attached Documents


Detailed Information

Inventory:
Included in asking price
Real Estate:
Owned
Included in asking price
Building Sq. Ft.:
11,310
Employees:
40 +/-
Competition:
Prime location.
Growth & Expansion:
New adjacent parcels just acquired with plenty of room to expand restaurant, bar, lounge, patio and/or gift shops.
Financing:
Seller financing available in conjunction with an SBA approved transaction.
Support & Training:
Owner familiarization included. Transition training available.
Reason for Selling:
Owner retiring.

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Steve Bisbee

Business Listed By:
Steve Bisbee

IBG Business

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