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Family restaurant & sports bar w/food

Phoenix metro area, Arizona (Maricopa County)

Retail - Restaurants | Retail - Other Eating & Drinking Places

Asking Price $1,625,000 Inventory $12,000* 
Gross Income $1,569,954 Real Estate $1,180,000* 
Cash Flow $130,661 Year Established 1984
FF&E $180,000* Employees 23 pt, 5 cl

* included in the asking price

** not included in the asking price

Net cash flow average last 3 years $205,641.00. Seating restaurant 100, bar seating 98. Business sales down about 8% for 2007. Owners were out of town about four months in 2006, 3 months in 2007. Food costs were up $100,000 and sales up only $90,000. Business needs full time owners to control costs and increase sales.

Support/Training: 2 weeks to a month

Reason Selling: Moving to Northern State

AD # 371251

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