This place has it all!!!!!!

Kingman, AZ (Mohave County)

This place has it all!!!!!!
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Asking Price: $350,000

Cash Flow: $250,000

Gross Revenue: $1,400,000

EBITDA: N/A

FF&E: N/A

Inventory: $30,000*

Rent: $8,500 /Month

Established: 1996

*not included in asking price.

This place has it all!!!!!!

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Business Description

YOU FOUND IT!!!!

If you are looking for a well established and highly successful family owned / operated fast paced restaurant serving an excellent Breakfast, Lunch and Dinner menu.... this is it! The opportunities are endless as a privately owned restaurant or as an ideal location for a franchise restaurant. A steadily increasing gross revenue, currently at 1.4 million with opportunity for increasing income with a solid operator. It is ideally located in Historic Downtown Kingman, Az. Right off the 40. The mix of local clientele and earning a reputation as favorite spot for travelers(including but not limited to Route 66 enthusiasts) make this investment one that is World renown. Completely staffed with longtime loyal employees whom together have won many local awards, and turnkey ready, just waiting for you!! Included in the sale is a transferable #12 liquor license, with unlimited growth potential and providing an atmosphere for viewing all sports events in the bar/lounge area also serving the restaurant with a wide variety of wine, beer and cocktails. Income has always been over 1.3 million over past 3 years -on a consistent basis-currently 1.4 and looking like 2019 will finish strong at close to 1.5.

Detailed Information

Location:
Kingman, AZ
Inventory:
Not included in asking price
Real Estate:
Leased
Building SF:
5,200
Lease Expiration:
N/A
Employees:
27
Facilities:
We are a free standing building, with a shared parking lot with Motel 6. motel across the street. With over 5200 sq. feet- plus 175 seating capacity- bar-lounge area- separate meeting/party room- and a gift shop area- built in soup and salad bar- even a sundae bar!!! This all comes with an attractive 5 year lease . Whether you are traveling from California-Laughlin -- Las Vegas-- Phoenix... our location is at the crossroads.
Competition:
The downtown area of Kingman is attracting tourists and locals for many new venues. We are surrounded by little shops and museums, that enhances our location. We also serve many city/government offices as well.
Growth & Expansion:
Potential for growth is huge, with catering, private parties, meetings and nightly /weekend sports bar events.
Support & Training:
Owner will train for 30 days
Reason for Selling:
Owner has enjoyed this business but is ready to retire and turn over to you!!!
Business Website:
http://CalicosRestaurant.com
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Business Listed By:
Rhonda Chapman

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