Contact Broker
Broker Biography
Introduction
Mike Smith is the Certified Restaurant Broker® and Franchise Partner for the Phoenix, Arizona market.
Mike Smith has 25 years of experience in the restaurant industry in roles ranging from busboy to bartender to owner. He understands all facets of the restaurant business. He has held management roles at Phoenix venues, including The Hideaway and Babe’s Cabaret. He also developed and the highly successful Phoenix area concept, The Local Chandler. Mike also has corporate hospitality experience including roles as Director of Operations for JNL Management restaurants Dos Gringos, Bourbon Jacks, and Cherry Lounge. His restaurants have been recognized with various social awards such as Best Happy Hour, Best Nightclub, and Best Sports Bar, just to name a few.
Mike’s dedication to his community extends beyond his restaurant experience. He is an active member of the Chandler Chamber of Commerce. In 2021, he was recognized for his community service during the COVID-19 pandemic with the City of Chandler Community Award.
Mike graduated from Arizona State University with a BA in Communications and a minor in Marketing. He is a licensed real estate salesperson in the state of Arizona and has been awarded the Certified Restaurant Broker® credential. He is one of a select number nationwide to qualify through the training and testing for this designation.
Mike continues to reside in the Chandler community with his wife, Rebecca, and their child, Braelynn. Ask Mike for a fun fact about himself, and he just might tell you about his run as a contestant on the CBS show, The Price is Right!
Services Provided
Buy or Sell Restaurants
Restaurants for Sale
Restaurant Site Location
Restaurants for Lease or Rent
Franchise Restaurant Re Sales
Restaurant Broker Franchise
Bars for Sale
Franchises for Sale
Atlanta Restaurants for Sale
Pizza Business for Sale
Restaurant Space for Lease
Restaurants for Sale with Financing
Sandwich Shops for Sale
Bakery for Sale
Colorado Restaurants for Sale
Florida Restaurants for Sale
Texas Restaurants for Sale
Deli for Sale
Ethnic Restaurants for Sale
Fast Casual Restaurants for Sale
North Carolina Restaurants for Sale
Bagel Shops for Sale
Italian Restaurants for Sale
Mexican Restaurants for Sale
E2 Visa Qualified Restaurants for Sale
Diners for Sale
Food Trucks for Sale
Alabama Restaurants for Sale
Breakfast Restaurants for Sale
Bed and Breakfasts for Sale
Restaurants under $75,000 for Sale
Minnesota Restaurants for Sale
Areas Served
Licensed In
- Arizona — License number SA703338000
Business For Sale Listings
Phoenix, AZ Bar for Sale! High Traffic Corner! Luxury Build! Only $99,000! Bar for Sale! High Traffic Corner! Luxury Build! Only $99,000!
Discover a rare chance to acquire a prestigious, turnkey restaurant and Bar for Sale positioned at one of the busiest intersections in Arizona—a marquee, high visibility corner that delivers nonstop traffic, affluent demographics, and exceptional curb appeal. Meticulously designed to impress, the space blends prestige, glamour, and elegance with a first class open kitchen and luxurious finishes, creating the perfect setting for executive lunches, social gatherings, and upscale nights out.Former sales under previous operations approached $2.5 million annually, underscoring the site's powerful revenue potential. Today, this Bar for Sale operates 100% absentee, making this an ideal Less
Cash Flow: $55,623
Chandler, AZ Semi Absentee Franchise Bar for Sale! Profitable & Turnkey! Seller Highly Motivated!
This Bar for Sale is an established sports bar and pizza restaurant generating over $520,000 in annual sales with approximately $55,000 in owner benefit. Operating successfully for nine years, it has become a neighborhood favorite for cold beer, great pizza, and televised sports. One major advantage: the business currently operates with limited hours, creating immediate upside potential for a new owner who wants to expand service times and grow revenue.With a fully trained team of 11 employees, this semi absentee Bar for Sale runs smoothly with limited ownership involvement — ideal for hands on operators or investors seeking a stable, profitable concept.The 2,700 square foot space Less
Chandler, AZ Asian Restaurant for Sale in South Chandler Only $80,000 Asian Restaurant for Sale in South Chandler Only $80,000
This is a unique chance to acquire a well established Asian Restaurant for Sale in the vibrant and growing community of South Chandler. Located in a busy shopping plaza anchored by a major supermarket, this 1,400 square foot fast casual restaurant benefits from strong visibility, high foot traffic, and a steady flow of local and repeat customers.Family owned and operated, this Restaurant for Sale currently runs with limited hours, does not utilize third party delivery services, and has invested minimally in marketing—presenting an ideal growth opportunity for a hands on owner. Simply expanding operating hours, activating delivery platforms, and implementing basic local advertising Less
Chandler, AZ Cookie Franchise for Sale Busy Shopping Mall Location!! Cookie Franchise for Sale - Busy Shopping Mall Location!!
This Cookie Franchise for Sale is located in, one of Arizona's busiest and most established malls. Known for high foot traffic, national anchor tenants, and a strong retail mix, this mall based location is ideal for someone looking to invest in a proven concept backed by a recognized brand. The asking price is just $60,000, and the current lease is only $6,200 per month—well below market for this type of premier shopping destination.This Franchise for Sale features a turnkey setup, simple operations, and no cooking experience required. Its streamlined business model is easy to manage; this opportunity is perfect for a full time owner operator. While we are not disclosing the brand name Less
Cash Flow: $418,799
Queen Creek, AZ Queen Creek Franchise Restaurant for Sale with $2.6M in Sales! Queen Creek Franchise Restaurant for Sale with $2.6M in Sales!
Franchise Restaurant for Sale opportunities with this level of performance don't come around often. With sales exceeding $2.6?million and an owner's discretionary earnings approaching $350,000, this is a high volume operation backed by a nationally respected brand focused on health conscious dining. Current owners enjoy an SDE of approximately $350,000, while a full time owner operator could potentially generate closer to $420,000. This is a rare chance to step into a successful, well?established concept with strong cash flow and room for future growthLocated in Queen Creek, one of Arizona's fastest growing cities, this 4,149 sq. ft. Franchise Restaurant for Sale features a full bar, Less
Phoenix, AZ Turnkey Franchise for Sale in a Thriving South Phoenix Community Turnkey Franchise for Sale in a Thriving South Phoenix Community
Discover a vibrant Franchise for Sale opportunity in a bustling South Phoenix community. This turnkey location, situated in a busy shopping center anchored by national retailers and adjacent to a major freeway with over 30,000 cars passing daily, offers exceptional visibility, easy access, and a steady stream of both local residents and pass?through traffic. The area is known for its strong demographics, community support, and consistent demand for healthy, fresh dining options—making it ideal for a wellness?focused franchise for sale.This fully equipped 1,200?sq?ft Franchise for Sale generates annual sales exceeding $340,000 and operates under a favorable lease with monthly rent of Less
Pinal Co., AZ Roadhouse Bar for Sale!! $249,000 with Full Liquor License! Roadhouse Bar for Sale!! - $249,000 with Full Liquor License!
Opportunities like this don't come around often. This established roadhouse style restaurant and Bar for Sale offers an unbeatable blend of charm, affordability, and potential. Located in the heart of Pinal County on a major road with high visibility and steady local traffic, this hidden gem is a turnkey operation priced to sell at just $249,000—including the valuable #6 full liquor license.This standalone 3,200 square foot restaurant and Bar for Sale features ultra low occupancy costs, with rent under $1,500 per month. It's rare to find a full service restaurant and bar for sale with such low overhead, which allows for strong profit margins. With annual sales exceeding $500,000 and a Less
Gilbert, AZ Turnkey Fast Casual Restaurant in Gilbert AZ Only $79,000 Turnkey Fast-Casual Restaurant in Gilbert AZ Only $79,000
An exciting opportunity awaits for an entrepreneur looking to step into a high traffic, well established restaurant space in one of Gilbert's most dynamic areas. This Fast casual Sandwich Shop for Sale is ideally located in a thriving retail corridor near major roadways, making it an ideal destination for local customers and passersby alike. With a prime location, affordable rent of $5,068 per month, and 1,600 square feet of space, this is a rare chance to bring your concept to life without the hassle of a costly build out.This Fast Casual Sandwhich Shop for Sale is perfect for a new operator ready to revamp, rebrand, or expand their existing restaurant footprint. With no financials Less
Cash Flow: $13,211
Chandler, AZ Prime Location Sandwich Shop in Chandler Only $99,000 Prime Location Sandwich Shop in Chandler Only $99,000
Looking to step into a high traffic, turnkey restaurant space in one of Chandler's most sought after areas? This Fast casual Sandwich Shop for Sale offers an absolutely amazing location, perfectly positioned near two major freeways and a thriving shopping and entertainment hub for only $99,000. The surrounding area brings in steady foot traffic and maximum exposure, making this an ideal space for an operator looking to launch, expand, or revamp a concept in a booming market.This Fast Casual Sandwich Shop for Sale's location is a turnaround situation, presenting a unique opportunity for an experienced restaurateur or entrepreneur ready to bring a fresh vision to the space. With no financials Less
Cash Flow: $163,944
Chandler, AZ Turnkey Restaurant with Stunning View & Prime Location Only $135K Turnkey Restaurant with Stunning View & Prime Location - Only $149K
Are you ready to step into an incredible opportunity in this thriving Restaurant For Sale with a gorgeous view? This is your chance to own a fully remodeled and turnkey establishment located in a prime area that offers everything you need to hit the ground running. The owner of this restaurant for sale is reluctantly selling to prioritize family needs, making this rare gem available for someone who wants to build on its success for only $135,000.This beautifully designed 4,145 square foot Restaurant for Sale boasts a fully equipped kitchen, modernized interiors, and a breathtaking view that keeps customers coming back. The space has been thoughtfully remodeled to ensure maximum efficiency Less
Cash Flow: $155,660
Chandler, AZ Thriving Fast Casual Restaurant for Sale Earning Owner $146,000 Thriving Fast-Casual Restaurant for Sale Earning Owner $146,000
This successful fast casual Restaurant for Sale is ready for a new owner! Boasting more than $560,000 in sales and owner earnings of $146,000 as an owner operator, this business easily qualifies for SBA financing with only 20% down, making it an exciting opportunity for entrepreneurs. Great location in a thriving market with affordable rent of just $5,926 per month for 1,800 square feet of space!This Hawaiian inspired concept capitalizes on the demand for fast, quality service with unique offerings. For almost a decade, it has been serving up dishes customers can't get enough of! With seating available indoors, there is plenty of room in this Restaurant for Sale for the loyal customer base. Less
Cash Flow: $142,184
Gilbert, AZ Two Profitable East Valley Sandwich Franchises for Sale, $1.6M Sales Two Profitable East Valley Sandwich Franchises for Sale, $1.6M Sales
Two high performing Sandwich Franchises for Sale in the booming East Valley are now available for purchase, a rare opportunity to own established, top tier sandwich shop franchises with proven results and a trusted national brand behind them. Combined sales exceed $1.6 million annually with an sellers discretionary earnings (SDE) of $142,000, making this package a strong investment for a hands on operator ready to build on an already successful foundation.Each location delivers a turnkey operation, fully equipped, fully staffed, and fully operational from day one. These Franchises for Sale feature inviting dining rooms and modern buildouts with approximately 2,300 sq. ft. and 1,840 sq. ft. Less
Cash Flow: $54,985
Gilbert, AZ Low Rent, Turnkey Gilbert Restaurant for Sale, Be Your Own Boss. Low Rent, Turnkey Gilbert Restaurant for Sale, Be Your Own Boss.
Looking to own an independent Restaurant for Sale in the growing city of Gilbert, Arizona? This well established concept has been a local favorite, serving Italian inspired comfort food with delivery and catering options that keep sales steady throughout the year. With annual sales exceeding $250,000, low rent, and an ideal location, this turnkey business is perfect for a hands on owner/operator ready to step into immediate success.This Restaurant for Sale is fully furnished and equipped with everything needed for efficient operations, including prep tables, refrigeration, freezers, POS system, and all major equipment in excellent condition. The compact and efficient 1,200 square foot layout Less
Maricopa Co., AZ Turnkey East Valley Brewery & Sports Bar for Sale! Remodeled, $399K Step into a recently remodeled, fully built-out microbrewery and sports Bar for Financing available
Step into a recently remodeled, fully built out microbrewery and sports Bar for Sale in a high growth East Valley corridor. At 6,780 SF, the venue is truly turnkey: a complete brewing system, a full commercial kitchen built for volume, a large showcase bar, and comfortable indoor/outdoor dining ready for game days, private gatherings, and everyday service.Priced at $399,000, this Bar for Sale lets you skip permits and construction and focus on opening the doors. The floor plan is designed for high volume service, moving guests smoothly when it's busy and keeping operations efficient during slower periods. With strong visibility, easy access, Less
Cash Flow: $97,486
Queen Creek, AZ Queen Creek Restaurant for Sale $840,000 Sales Patio Liquor License Queen Creek Restaurant for Sale $840,000 Sales Patio Liquor License
This Queen Creek Restaurant for Sale pairs neighborhood charm with performance. Annual sales top $840,000, and the seller reports nearly $100,000 in owner benefit. The footprint is an efficient ±1,500 SF with all in rent around $3,300/month and a lease running through October 2028, an easy platform to scale service and revenue without heavy overhead. A Full Restaurant Liquor License is already in place, the A/C is brand new, and there's a new grease trap, so your focus can stay on guests, not capital catch up. The patio is the headline feature inviting by day, softly lit in the evening, and built to drive beverages, light bites, and weekend traffic.Queen Creek continues to expand with Less
Chandler, AZ
View Details Turnkey Chandler Restaurant Just $125,000 & Low Rent
Take advantage of this incredible opportunity to own a community focused, independent restaurant in one of Chandler's most sought after locations. With low rent at just $3,600 per month, this 1,600 square foot Arizona Restaurant for Sale features two connected suites, a fully equipped kitchen with a hood, walk in freezer, walk in cooler, and a dining room ideal for either a full service restaurant or a fast casual concept. At the low price of just $125,000. Would also make a GREAT GHOST OR CATERING KITCHEN..The lease includes 2.5 years remaining plus a 5 year renewal option, offering stability and flexibility for your business plans. With no franchise restrictions, this Arizona Restaurant for Sale with an independent concept allows you to personalize the menu, redesign the space, or bring your own ideas to life without limitations.At We Sell Restaurants, we understand the importance of financing. That's why we partner with Less
Chandler, AZ
View Details Only $50,000. Ice Cream Shop - Chandler
Schools + Ice Cream = Sweet Success! Discover an incredible opportunity to own this one-of-a-kind Ice Cream Shop for Sale in the lively community of Chandler, AZ, priced attractively at $50,000. With over a dozen schools within a five-mile radius, this location guarantees a steady stream of young, eager customers. This established business offers an ideal entry point for aspiring entrepreneurs looking to dive into the lucrative food and beverage industry without the high costs and delays of starting from scratch.SELLER NEEDS TO SELL FOR PERSONAL REASONS. MAKE AN OFFER TODAY!Prime Location with Steady Foot Traffic! Situated in a bustling shopping area surrounded by residential neighborhoods, this Ice Cream Shop for Sale enjoys steady foot traffic and a loyal customer base, thanks to its prime location near numerous schools. This well-loved, family-oriented establishment provides a great opportunity for the right buyer.Strong Less
Cash Flow: $54,103
Goodyear, AZ
View Details Profitable Ice Cream Business for Sale Over $270,000 in Sales!
Looking for a successful Ice Cream Business for Sale in the West Valley? This thriving ice cream and dessert shop in Goodyear is a rare opportunity to take over a profitable, well loved business in a growing community. With annual sales topping $270,000, this shop has a loyal following and steady customer traffic year round, even during the warmer months when many businesses see a slowdown. Only $129,000!The current owner is reluctantly selling due to health and family priorities, opening the door for you to step into a fully operational, turn key Ice Cream Business for Sale without the headaches of starting from scratch. Everything is in place for you to succeed from day one, including recipes, equipment, vendor relationships, and trained staff.Situated in a prime Goodyear location, the shop draws consistent business from nearby neighborhoods, schools, and local offices. Affordable rent and favorable lease terms make this a Less
Chandler, AZ
View Details Pizza Restaurant for Sale or Bring New Concept! Prime Location!!
Take advantage of this Pizza Restaurant for Sale in Chandler, Arizona, ideal for an owner operator ready to step into a fully equipped, turnkey opportunity. Whether you continue the franchise pizza concept or bring your own, this space offers the flexibility and value buyers are looking for all at a fraction of the cost of a new build out.At approximately 1,500 square feet, this Pizza Restaurant for Sale features a modern, open layout with a large kitchen, hood system, walk in cooler, grease trap, and a beautiful patio perfect for outdoor dining for only $74,500. The build out alone would cost over six figures to duplicate, making this an unbeatable opportunity for a savvy buyer who wants to save time and money.Currently operating only 37 hours per week, this restaurant is primed for growth. A new owner can expand hours, add catering, delivery, or new menu items to significantly increase sales. The location is surrounded by Less
Cash Flow: $285,454
Goodyear, AZ
View Details Profitable Sports Bar for Sale $2M Sales, $287K Owner Benefit
Step into ownership of a high performing, well established Bar for Sale located in a thriving West Valley community just off a major freeway. Generating more than $2 million in annual revenue and delivering an owner benefit exceeding $280,000 under an owner operator model, this business is both highly profitable and positioned for continued growth.This Bar for Sale occupies approximately 2,859 square feet and features a full commercial kitchen, restaurant liquor license, and a vibrant, sports themed interior that draws in regular patrons. One of the standout assets is the beautiful and spacious patio—currently underutilized—which offers exciting potential for expanded seating, live entertainment, or private events. With a solid staff and operational systems already in place, this turnkey bar is offered at just $799,000.Despite its current success, the business has barely scratched the surface in terms of marketing. Less
Cash Flow: $149,492
Chandler, AZ
View Details Turnkey Chandler Restaurant for Sale! $1.2M Revenue 22 Hours a Week
An absolutely stunning Restaurant for Sale in the Chandler market, refined enough for fine dining, built to deliver a polished steak and seafood experience, yet flexible enough to pivot into a sophisticated, high energy sports bar concept if that's your vision. From entry to patio, the room reads premium: layered lighting, rich materials, and a warmly appointed dining room anchored by a comfortable bar and a gorgeous patio that invites long conversations. The beverage program is a standout, an eye catching wine display with more than 200 curated wines and a wine cellar that contains approximatley 1100 bottles, and the overall design feels intentional, elegant, and guest centric. Back of house is a chef's delight, supporting elevated execution with thoughtful flow for busy service.Performance matches the aesthetics. This Restaurant for Sale posts ~$1.2 million in annual sales while operating only about 22 hours per week, a Less
Cash Flow: $149,750
Phoenix, AZ
View Details Profitable Thai Restaurant for Sale $145,000 Owner Earnings!
This Thai Restaurant for Sale in SE Phoenix offers an incredible opportunity for a new owner to take over a thriving and profitable business. With annual sales exceeding $775,000 and Seller's Discretionary Earnings of over $145,000 for an owner operator, this well established location is primed for continued success.Operating for more than 8 years, this Thai Restaurant for Sale has built a loyal customer base drawn from surrounding residential neighborhoods and nearby businesses. Its prime location near a major freeway ensures a steady flow of both dine in and takeout customers. A full restaurant liquor license is included, offering even more potential to increase revenue through beverage sales.This Arizona Restaurant for Sale is a true turn key opportunity. The kitchen is fully equipped, the dining room is welcoming, and a trained team is already in place. You can continue offering the authentic Thai dishes customers rave Less
Chandler, AZ
View Details Two Fast Casual Sandwich Shops for Sale!! Chandler Gilbert Locations
Looking to step into a turnkey, high traffic restaurant opportunity in two of the busiest markets in Arizona? This Fast Casual Sandwich Shops for Sale Shop Package offers two well established locations in Gilbert and Chandler, both ideally situated in thriving retail corridors with strong foot traffic and high visibility. Priced at just $179,000 for both locations, this is a rare opportunity to acquire two fully built out restaurant spaces without the hassle and expense of a new build out. Whether you are an experienced restaurateur or an entrepreneur looking for a new venture, this package offers the flexibility to stay within the franchise model, rebrand with your own sandwich or fast casual concept, or expand an existing brand.Both of these Sandwich Shops for Sale will not last! The Chandler location is 1,800 square feet and benefits from an exceptional location near two major freeways, placing it in the heart of a high Less



