$215,000 NET SBA & E2 Ready 100% Absentee-Run Organic Food Restaurant!

Phoenix, AZ (Maricopa County)

$215,000 NET SBA & E2 Ready 100% Absentee-Run Organic Food Restaurant!
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Asking Price: $549,000

Cash Flow: $215,000

Gross Revenue: $1,125,000

EBITDA: N/A

FF&E: $115,000

Inventory: N/A

Established: N/A

$215,000 NET SBA & E2 Ready 100% Absentee-Run Organic Food Restaurant!

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Business Description

Turn-Key Ready To Go Passive Investment with Solid Staff In Place for You!!!

Here is a rare opportunity for a very niche food concept that has been open for over 10 years with Absentee Ownership with very solid books and records and a net profit take home of over $200,000 a year. This restaurant boasts great internet reviews and a very solid customer base and no similar food concept competition anywhere close. This restaurant is located in a very busy shopping area with tons of shopping and foot and car traffic. Year in Year out for the past ten years this restaurant has been producing. This restaurant with the amount of solid books and records which will be shown during the due diligence period has SBA and E2 Visa ready written all over it. The owner never works there and only comes around once a week to pick up the cash from the restaurant. The staff is well-trained and productive and gives the owner a real piece of mind. I had a similar listing with a different food concept that went E2 Visa and sold very quickly. Hurry up these deals don't last and will go very quick.

Detailed Information

Location:
Phoenix, AZ
Employees:
10
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
Located in a busy shopping area with tons of traffic
Competition:
None with this food concept in the large general area
Growth & Expansion:
Tons of room for growth with time and maybe an owner who will run it themselves to watch food cost and save on payroll.
Financing:
Seller will carry with $400,000 down and the balance over 3 years at 7%
Support & Training:
2 Weeks after sale
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(from currently available funds)
 
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Mike Darmo

Business Listed By:
Mike Darmo

American Realty Brokers

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