Award Winning Restaurant & Bar

, Arizona 6 views 0 favorites

Financial Highlights
Asking Price
$995,000
Revenue
$1,886,901
Business Description

This profitable, award-winning Restaurant & Bar is a chef driven restaurant founded in the early 90's. For over 25 years this restaurant has continued to impress by offering its loyal customers delightful dining experiences. A tradition beloved by thousands of customers from Arizona and visitors from around the world. The Company’s stellar on-line reputation for excellent fare , spectacular catering and attentive service has led to organic growth, as well as supports the curbside carryout for both lunch and dinner. The ownership and their management team have been the bedrock of preserving the quality of the brand and providing delightful dining experiences through the years. The team employs excellent oversight of the restaurant operations, quality of service, marketing, purchasing and production. After years of successful operations ownership is ready to pass this business onto the next entrepreneur. A new owner will benefit from years of award-winning service. NOTES: *RENT OR PURCHASE OF THE REAL PROPERTY An adjustment estimate has been made to the business "CASH FLOW" to include the purchase or lease of the real property. The real property is offered separately for $895,000. *COMMENTS TO "CASH FLOW" Cash Flow for 2021 was estimated to be $349,900. This amount includes, net income both officers salaries and benefits. Should a buyer need to employ additional staff to replace one of the owners an adjustment to the cash flow should be made. *COMMENTS TO INVENTORY The average run-rate of inventory including food and liquor is an estimate. The inventory in the amount of $30,000.00 is included in the transaction. This figure will be adjusted as revised inventories are conducted. This business is very confidential. Experienced restauranteurs and operators are preferred. . Location: Pima County, Arizona Year Established: 1993 Number of Employees: 33 Real Estate: Owned Building Sq. Ft.: 5,116 Facilities: The restaurant is highly visible and located on a major thoroughfare. The premises are beautifully appointed in a hip style. All furniture fixtures and equipment are included with the exception of any consigned artwork. The property is available for purchase or lease. The interior space is approximately 5,116 square feet. The exterior lot size is 20,400. NOTE: RENT OR PURCHASE OF THE REAL PROPERTY An adjustment estimate has been made to the business "CASH FLOW" to include the purchase or lease of the real property. The real property is offered separately for $895,000

Business Details
Industry:
Restaurants & Food
Real Estate Included:
No
About the Seller
AU
Admin User
6498
Active Listings
New
Member Since

Listed: Apr 20, 2022

Updated: 5 hours ago

Views: 6

Favorites: 0