#12 Restaurant with Cocktails

Maricopa County, AZ

Seller Financing Available
#12 Restaurant with Cocktails
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Asking Price: Get Financing: $585,000

Cash Flow: $189,029

Gross Revenue: $1,473,033

EBITDA: N/A

FF&E: $200,000

Inventory: $15,000*

Lease Rate: N/A /SF

Established: 1989

*not included in asking price.

#12 Restaurant with Cocktails

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Business Description

Beautiful restaurant with cocktails and entertainment. Nearly $1,500,000 gross on the tax return. 8500 sq. ft. Seats 250. Large varied Italian/American menu. Restaurant is very well known in the area. Free Standing location. Ample parking. Nice outside patio.  Nightly entertainment.

Buyer get 10 year lease or possibly buy property. Visible location on major blvd. Fully equipped kitchen.  All health permits are current.

Detailed Information

Inventory:
Not included in asking price
Real Estate:
Leased
Building SF:
8,500
Lease Expiration:
N/A
Employees:
2FT; 40PT
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
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Lisa Riley

Business Listed By:
Lisa Riley

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Memberships & Certifications:
Indicates membership in the International Business Brokers Association (IBBA). The IBBA is the only certifying organization for Business Brokers and Intermediaries who assists people in buying or selling a business. Indicates membership in the M&A Source. The M&A Source is comprised of highly trained Intermediaries who advise on the preparation, sale and/or purchase of middle market (~$2M+ in revenue) business opportunities. Certified Business Intermediary (CBI) is a professional certification awarded to Business Brokers and Intermediaries that have achieved stringent requirements. CBI's work by an ethical code of conduct when working with business owners and buyers. Indicates membership in The Arizona Business Brokers Association (AZBBA).

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