$66,000 NET Mediterranean Restaurant in the Heart of Glendale

Glendale, AZ (Maricopa County)

$66,000 NET Mediterranean Restaurant in the Heart of Glendale
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Asking Price: $85,000

Cash Flow: $66,000

Gross Revenue: $144,000

EBITDA: N/A

FF&E: $60,000

Inventory: N/A

Established: N/A

$66,000 NET Mediterranean Restaurant in the Heart of Glendale

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Business Description

You read that right over $66,000 in net profit in your pocket and a price of only $85,000 this listing will go so quick. All the numbers are provable through the register receipts, bank statements and Grub Hub and Uber Eats reports and the net might actually be a bit more. This restaurant is located in the heart of Glendale close by a lot of homes and traffic and ASU West and nestled in a Center with clear frontage view to the main road. The lease is only $1858 per month with all CAMS included with 3 years left and a 5 year option with close to 1500 sq.ft.of space and tons of rooms and an open kitchen, walk-in refrigerator and a walk-in freezer. The decor in the restaurant is spectacular as well with very fine and appointed Mediterranean theme. When you walk in to the restaurant you will see the open floor plan and cleanliness and a kitchen with very clean equipment. This restaurant has everything you are looking for. The seller are looking to retire and want this restaurant to go the right hands and that is why they are aggressive with the pricing. With the market trend they are asking way below market value, so hurry up and take advantage of this steal before it is gone.

Detailed Information

Location:
Glendale, AZ
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
1500 sq.ft. in the center of a busy strip center with frontage view to main road.
Growth & Expansion:
Tons of room for growth for a dedicated owner and more advertising.
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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