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#12 Restaurant & Bar

Tempe, Arizona (Maricopa County)

Retail - Restaurants | Retail - Bars/Taverns

Asking Price $295,000 Inventory  
Gross Income $493,000 Real Estate  
Cash Flow $75,000 Year Established 2006
FF&E $75,000* Employees 4ft/15pt

* included in the asking price

** not included in the asking price

LOCATION, LOCATION, LOCATION: This totally unique, one-of-a-kind operation is located in a high-visibility A+++ location. Virtually on ASU campus with unlimited access to over 60,000 students and over 12,000 faulty/staff members attending classes on a daily basis. This freestanding restaurant has one of the biggest, best, and well known outside patio bars. Both front and back patios are available for smoking and liquor service. The interior was completely remodeled in spring of 2007. Located in the Mill Avenue District of Downtown Tempe, this established restaurant and bar receives additional business from the scores of downtown Tempe events. The lease is well below market for the area and comes with a right of first refusal on the real estate. This is an amazing turnkey opportunity for an established, existing restaurant/bar, or use the lease and location to create your own concept. Offered at $295,000. #1559

Facilities: 2313SF indoor, 4100SF patio, 48 indoor/175 patio seating, rent $5386 +NNN, expires 7/31/2017

Support/Training: 1 Week

Reason Selling: Other business interests

AD # 374760

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