Hot Listing

$197,000 NET Owner-Absentee #6 Bar in North Phoenix!!!

Asking Price$575,000

Cash Flow
$197,000
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$1,210,000

InventoryNot Disclosed

FF&E$100,000
Included in asking price
listing imageSave
Hot Listing

$197,000 NET Owner-Absentee #6 Bar in North Phoenix!!!


Asking Price$575,000

Cash Flow
$197,000
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$1,210,000

InventoryNot Disclosed

FF&E$100,000
Included in asking price

Seller Financing Available
Business Description
Great Location and Seller Financing Terms!!
Hurry up this will go quick especially since it is a #6 Bar in the Northwest Valley. This bar which has been at the same location for many years sits right in a standalone building in a street correct facing a very busy part of N.Phoenix near a major highway. The owner oversees the operation and the new owner should have no problem doing the same. The purchase includes a #6 Maricopa County Liquor License valued in the market at around $225,000. The buildout is up to date and in great shape. The lease is amazing for being priced so well for the location and long-term with a lease rate at only $6,200 with all CAMS included for a total of 3400 sq.ft. which is way below the market. This Restaurant/Bar has a full bar and a lots of TV'S and seating and a pool table. The business has a large 3400 sq.ft interior with a back kitchen and bar and a solid amount of seating inside. This is truly turn-key and this is the prime time to buy as the busy season is just beginning. All the numbers are provable through the point of sale system during the due diligence period, also the financials will be provided after an NDA is signed. The seller is also offering amazing Seller Financing Terms with $425,000 down and $150,000 for 4 years at 7%. This will go quick as all true perfect location bars and restaurants and with the great price offered.
About the Business
Employees
9
Facilities & Assets
3400 Sq.ft Stand-Alone Building
Opportunities for Growth
Tons of room for growth with a more dedicated owner.
Real Estate
Owned or Leased
Leased
Building Sq. Ft.
3,400
Rent
Not Disclosed
Lease Expiration
5/1/2027
About the Sale
Transition Support
2 Weeks after Sale
Financing Options
$425,000 down and $150,000 for 4 years at 7%
Listing Info
ID
2361325
Listing Views
1834

Contact Seller

By clicking the button, you agree to BizQuest's Terms of Use and Privacy Notice.

Business Listed by: Mike Darmo American Realty Brokers

Listing ID: 2361325 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.


Similar Listings
Ziggi's Coffee
$150,000Ziggi's CoffeeFeatured Franchise
Le Macaron
$100,000Le MacaronFeatured Franchise
Juice It Up!
$150,000Juice It Up!Featured Franchise
Project Lean Nation
$100,000Project Lean NationFeatured Franchise
Ziggi's Coffee
$150,000Ziggi's CoffeeFeatured Franchise
Le Macaron
$100,000Le MacaronFeatured Franchise