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Busy Destination Restaurant And Cafe

Maricopa County, AZ

Busy Destination Restaurant And Cafe
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Asking Price: $1,300,000

Cash Flow: $350,000

Gross Revenue: $1,800,000

EBITDA: $350,000

FF&E: $500,000

Inventory: $25,000*

Rent: $16,500 /Month

Established: 2016

*not included in asking price.

Busy Destination Restaurant And Cafe

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Business Description

This is a busy destination restaurant, cafe, and coffee shop, that is tied to local event planner and hosts many parties and events.

Located in a venue with high foot traffic and captive customer base.

This is a turnkey business. The management and staff is in place.

The owner of the business does work in the business on a day to day basis, oversees staff and interacts with customers.

He feels the new owner would want to take an active role in the business due to the volume and level of activity.

Reason for sale: The owner has another project he is launching and does not have the time to run this location daily.

For more information contact - Darren @ New Horizon Business Brokers

Detailed Information

Location:
Maricopa County, AZ
Inventory:
Not included in asking price
Real Estate:
Leased
Building SF:
4,000
Lease Expiration:
7/31/2023
Employees:
25
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
High Traffic Event Venue
Financing:
SBA Financing Available
Support & Training:
Seller will provide training
Reason for Selling:
Other business interests
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Darren Grady

Business Listed By:
Darren Grady

New Horizon Business Brokers

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