Owner is Listening to ALL Offers! Deadline is coming soon. Get your offer in today! Searching for an affordable restaurant for sale in a growing, close knit community? Priced at only $38,000, this operating asset sale opportunity gives an aspiring restaurant owner or experienced operator the chance to take over an established restaurant with recipes, staff, systems, equipment, marketing assets, and a catering foundation already in place.
The restaurant has operated from this location for nearly nine years and has historically generated more than $800,000 in annual sales. Recent sales are below prior historical levels, and the opportunity is not being priced based on current cash flow. Instead, this is being offered as a low entry asset sale opportunity for a new owner with energy, ideas, and a strong local presence to rebuild momentum.
A buyer can continue operating the existing concept and benefit from established recipes, customer awareness, operating systems, marketing assets, and a catering program. The current staff is in place, which may help provide continuity and a smoother transition for the new owner.
The sale includes the restaurant's recipes, furniture, fixtures, equipment, operating systems, marketing materials, catering assets, and other business assets included in the transaction. The approximately 2,000 square foot restaurant has a fully equipped commercial kitchen, dining area, and bar infrastructure.
A new owner can focus on reconnecting with customers, strengthening community relationships, expanding catering, improving marketing, and growing sales without having to create every part of the business from scratch.
The restaurant benefits from an established location in Ahwatukee, surrounded by families, neighborhoods, schools, and residents who value locally owned businesses. This is the type of community where an engaged owner/operator can become known and build local customer loyalty.
Current rent is approximately $5,800 per month, including common area charges. The landlord has indicated that a qualified buyer can expect a new five year lease with an additional five year option, starting at approximately 10% above the current rent with 3% annual increases thereafter.
A buyer may continue the current concept or introduce a new restaurant, bar and grill, fast casual operation, or other food and beverage concept, subject to landlord approval.
At only $38,000, this is an unusually affordable entry into restaurant ownership. This is an opportunity for someone with experience, energy, and vision to step into an existing restaurant platform and make it their own.
If you have been waiting for the right opportunity to own a restaurant, inquire today and complete the confidentiality agreement to receive additional information.
By providing your phone number to We Sell Restaurants, you agree to receive text notifications.
Ad#:2403308
