Price Just reduced - Route 66 Roadhouse Bar & Grill for Sale

Bellemont, AZ (Coconino County)

Price Just reduced - Route 66 Roadhouse Bar & Grill for Sale
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Asking Price: $199,900

Cash Flow: N/A

Gross Revenue: N/A

EBITDA: N/A

FF&E: $290,000

Inventory: N/A

Rent: $2,000 /Month

Established: 1996

Price Just reduced - Route 66 Roadhouse Bar & Grill for Sale

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Business Description

The Iconic Roadhouse Bar & Grill on Route 66 in Bellemont, Arizona is now for sale. This great location has been in operation for over 23 years owned and operated by the same owner since 1996. With the community of Bellemont expanding and the non-stop traffic going to and from the Grand Canyon National Park this location is sure to continue to produce a winning combination of fun and revenues for the new owner. This pristinely clean bar & grill can be found just off I-40 on exit # 185 for easy access with great parking for Grand Canyon tour buses, semi-truck traffic, normal vehicles or motorcycle enthusiasts stopping into the Harley Davidson shop located adjacent to the Roadhouse.
This business asset sale includes the Coconino Class-6 liquor license which is a “quota” license which means there are no “new” Class-6 licenses available and are very difficult to purchase which allows the holder to have both on & off premises retail privileges. This is the most inclusive liquor license in the county. Once the license has been purchased by the new buyer, they must apply for a transfer to have the license put in his or her name. The location is currently providing cash and carry liquor sales with an option for a drive through, delivery or many other options. The options at this location are endless in this well-established business with unlimited income potential. The Bar and Grill at this location could continue to be improved with the 500+ new homes planned and currently under construction across I-40 within minutes of this location.
The business assets also include several unmatched collectibles and priceless memorabilia, three pool tables, flat screen TV’s, class-6 liquor license, and all the kitchen equipment including the natural-gas grill used by guests to cook their own steak, chicken or burgers.

Detailed Information

Location:
Bellemont, AZ
Inventory:
Included in asking price
Real Estate:
Leased
Building SF:
3,500
Lease Expiration:
1/1/2021
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
Roadhouse Bar & Grill is in an excellent leased location occupying 3500 square feet owed by a great landlord. The lease ends January 2021 with the landlord willing to extend a lease option to the new owner. You can keep this bar location as is or transform the location into a bar & grill of your dreams. There is more than enough room for live music, dancing, private parties or most other events.
Support & Training:
The owner is willing to provide a transition period with the new owner.
Reason for Selling:
Retirement after 50 years in the bar business
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Kevin Call

Business Listed By:
Kevin Call

Colliers International

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