#6 Sports Bar & Grill including Land & Building OR Business Only/NWPHX

South West

#6 Sports Bar & Grill including Land & Building OR Business Only/NWPHX
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Asking Price: Get Financing: $875,000

Cash Flow: $60,000

Gross Revenue: $360,000

EBITDA: N/A

FF&E: $150,000

Inventory: $10,000*

Real Estate: $650,000

Established: 2007

*not included in asking price.

#6 Sports Bar & Grill including Land & Building OR Business Only/NWPHX

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Business Description

Land/building and business available at a purchase price of $875,000 with a down payment of $250,000 and the buyer assumes the existing note of $625,000 with a monthly payment of $3,300 at 5% interest. The land is approximately one acre--OR--buyer may purchase the business only for $170,000 cash out and that includes a #6 Maricopa County liquor license currently valued at $90,000!! The seller would give the buyer a 5 year lease at $5,500 per month with 2 five year options. The building is 4,000 square feet and seats 185. The second floor is used for special parties and events. There is a large outdoor patio as well. The hours are Sunday-Thursday 11am-11pm and Friday-Saturday 11am-2am. Karaoke is on Friday and Saturday nights. 2 pool tables, mega touch machine and a juke box are on a 50/50 split with a vendor. Financial information was provided by the seller and not verified by the broker. The kitchen is fully equipped with a 15 foot hood and ansul system, 10x20 foot walk-in cooler with keg hook ups to the bar, 6 burner gas stove, grill, sandwich prep table, 2 hole fryer, 2 door freezer, ice maker and much more. There are over 20 TV's mounted throughout the premise. Lots of growth in the area--over 3,000 homes are scheduled to be built nearby. The sports bar is located on a busy highway. Lots of potential. Buyer could promote kitchen more and expand into a steak house or some other specialty. Great Buy!! Call Mary, the broker, for more details--602-978-3313.

Detailed Information

Inventory:
Not included in asking price
Real Estate:
Owned
Included in asking price
Building SF:
4,000
Employees:
4FT
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
See Listing Summary
Financing:
See Listing Summary
Support & Training:
Seller will train.
Reason for Selling:
Wants to retire.
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Contact the Seller

(from currently available funds)
 
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MARY ZORDAN

Business Listed By:
MARY ZORDAN

JANCO WEST BUSINESS BROKERS

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Memberships & Certifications:
Indicates membership in The Arizona Business Brokers Association (AZBBA).

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