Pima County, AZ Diners For Sale

Casual Restaurant - Nets $275,000
$575,000 Cash Flow: $275,000 Seller Financing
Casual Restaurant - Nets $275,000

Tucson, AZ

This well-located casual restaurant enjoys high visibility and is located on a major east-west thoroughfare in a high-income area of Tucson. This easy to operate business serves three meals a day and has a loyal customer base. Menu consists predominantly of American fare items with daily specials. Although the restaurant has a #12 liquor license, the business derives only 10% of its total revenues from the sale of alcohol products. Business has been in existence for over 22 years, and enjoys a traffic count of 40,000 vehicles daily. The above stated revenues and profits were obtained from the Business' last 12 calendar months of Financial Statements. The 2016 federal income tax return contains revenues of $1,210,000 and a seller’s cash flow of $255,000. Qualifications for SBA Financing: purchaser must have previous “food and beverage” experience as an owner, or true Manager with Total Store responsibility. In addition, to having $150,000 of liquidity the purchaser must have a credit score greater than 700. This Business is being represented by a Licensed Real Estate Broker in the State of Arizona, License #BR009292000. Because of the Confidentiality surrounding the sale of the Business: Potential buyers will be asked to meet at the Broker's office to sign a Confidentiality Agreement and provide proof of funds before receiving additional information.