, Arizona 5 views 0 favorites
Comprehensive American Menu of Burgers, Sandwiches, Hot dogs, Salads, Pizzas, etc. #6 Liquor License included in transaction The real estate is owned, not included in the asking price, but available for purchase. The cash flow of $350,000 after factoring in an assumed rent of $23,333 per month NNN. This is AFTER the effects of Covid on the restaurant business. Profits were over $500k before Covid. The seller is open to negotiation on the initial term and renewal options. 10 FT and 9 PT employees run this 7-day American style restaurant. COVID hours are 9am-10pm. Normally 9am-2am. Location: Phoenix, Arizona Year Established: 2013 Number of Employees: 19 Facilities: Seller says there are approximately $2,000,000 in tenant improvements. Market Outlook/ Competition: Lots of competition, but this operation has tons and tons and tons of loyal clientele. It's a fun place with great food and better service. Quite the gathering place for "locals" and known well enough for folks further away to make this a destination dining experience for them. Growth & Expansion: If it ain't broke, don't fix it . . .
Listed: Apr 20, 2022
Updated: 2 weeks ago
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