Hot Listing

$250,000 NET Absentee-Run Phoenix Bar/Restaurant w/ #12 License!

Asking Price$400,000

Cash Flow
$250,000
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$1,150,000

InventoryNot Disclosed

FF&E$85,000
Included in asking price
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Hot Listing

$250,000 NET Absentee-Run Phoenix Bar/Restaurant w/ #12 License!


Asking Price$400,000

Cash Flow
$250,000
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$1,150,000

InventoryNot Disclosed

FF&E$85,000
Included in asking price
Business Description
Amazing Brand and Location!!!
Hurry up this will go quick especially since it is absentee-run. This bar/restaurant which has been at the same location for many years sits right in a stand alone building facing a very busy part of the Central Valley near a highway. The owner oversees the operation and the new owner should have no problem doing the same. The buildout is very themed and in great shape. The lease is amazing for being priced so well for the location and long-term with 2 year left and 5 years as an option at only $5,300 with all CAMS included for a total of 2500 sq.ft. which is way below the market. This Restaurant/Bar has a full bar and a lots of TV'S and seating. The business has a large 2500 sq.ft interior with large kitchen and bar and seats even more 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. This will go quick as all true perfect location bars and restaurants and with the great price offered.
About the Business
Employees
13
Facilities & Assets
2500 Sq.ft. Stand Alone Building
Opportunities for Growth
Tons of room for growth with a new owner to take it to the next level with more live events and online marketing.
Real Estate
Owned or Leased
Leased
Building Sq. Ft.
2,500
Rent
Not Disclosed
Lease Expiration
1/1/2027
About the Sale
Seller Motivation
Retiring
Transition Support
Up to 1 Month after Close of Escrow
Listing Info
ID
2323438
Listing Views
5097

Contact Seller

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Business Listed by: Mike Darmo American Realty Brokers

Listing ID: 2323438 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.


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