Turn-Key Paradise Valley Restaurant

You won't want to miss this asset sale. Enjoy a prime location with great visibility in one of Paradise Valley's busiest shopping centers, this restaurant is perfect for high-volume quick serve concepts! This location has a surprisingly low rent rate of $2.84 per square foot ALL-IN! For this location, that is an incredible rate. Take advantage of the thriving Paradise Valley market with this incredible opportunity. Well-equipped for virtually ANY quick serve concept, including: Indian, Mexican, American, & more! 2nd-generation restaurants like this are hard to come by in this market. Why invest upwards of $300,000-$400,000 into building out an empty shell? With this asset sale, you can get a $300,000+ build-out for only $115,000! Not to mention, you have the opportunity to assign onto a lease with an incredible rate of $2.84 per square foot. Current owners purchased and built out this restaurant in 2018. The kitchen is very well-equipped and will work for almost any concept with little-to-no changes necessary. Plus, the equipment is just a few years old and is in excellent operating condition. You could have your restaurant up and running in less than a month! The restaurant features 1,400 s/ft at a rent of $3,979 all-inclusive. Indoor seating accommodates 34 guests with outdoor seating allowing for 22 more guests. Current operating hours of this business are 11:00-2:30 pm & 5:30-9:00pm Tuesday through Sunday. Current owners have 1 full-time employee, 3 part-time employees, & 2 working owners. The shopping center is very large and provides an ample amount of parking. Owners are looking to relocate to a larger space that better suits their concept. Location: Paradise Valley, Arizona Year Established: 2018 Number of Employees: 4 Real Estate: Leased Building Sq. Ft.: 1,400 Rent: $3,979.00 Per Month Lease Expiration: 7/31/2023 Website: SellingRestaurants.com