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Rare Opportunity-successful Restaurant In Scottsdale For Sale

Scottsdale, Arizona, US
Asking Price:
$350,000 (USD) Furniture / Fixtures included
Sales Revenue:
$500,000 (USD)
Cash Flow:
$200,000 (USD)

Great Performer! Rock solid business right in the middle of all the hot downtown Scottsdale action. Steps away from the Scottsdale Museum of the West and in the center of the Scottsdale Art Walk. Nestled between two chic boutique hotels, The Valley Ho and the The Canopy.Tons of new residential and commercial growth in the area creates an amazing opportunity for an energetic new owner. The restaurant has a 25 year history of providing great food and experiences to locals and travelers alike. Owners are retiring, it's all ready to go....just step right in and keep it going! Rare under-market lease!

For more information, please contact us by using the form below.

Property Information

Real Estate:

Lease

Lease Terms:

Under market value lease. Currently 5 years with an additional 2-5 years options.

Leasehold Rent:

$34,824 (USD) per annum

Location:

Located in the heart of Old Town Scottsdale, Gallery District. Steps away from the Museum of the West, and nestled between two boutique hotels.

Premises Details:

Full service restaurant. #7 license optional.

Size in square feet:
2,000

Business Operation

Reasons for selling:

Owners are retiring.

Trading hours:

Lunch Only: Monday & Tuesday
Lunch & Dinner: Wednesday -Saturday
Closed Sunday

Employees:
4-5 FT / 6 PT
Years established:
25

Other Information

Support & training:

Support and training available.

Furniture / Fixtures value:
$115,000 (USD) - included in the asking price
Inventory / Stock value:
$6,000 (USD)

Contact Seller

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