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- RE: $300,000 NET #6 Craft Pub Bar In Chandler!!!
- Contact: Mike Darmo
Quick Facts
| Asking Price: | $950,000 | |
| Annual Revenue: | $1,925,000 | |
| Net Profit: | $300,000 | |
| Cash Flow: | Not Disclosed | |
| Total Debt: | Not Disclosed | |
| FF&E: | $500,000 | |
| Real Estate: | Not Disclosed | |
| Year Established: | Not Disclosed | |
| Employees: | Not Disclosed | |
| BBN Listing #: | 984906 | |
| Broker Reference #: | Not Disclosed |
Business Overview:
Hurry up this will go quick especially since it is a #6 Bar in the East Valley. This bar which has been at the same location for many years sits right in a busy center facing a very busy part of Chandler near a highway. The owner oversees the operation and the new owner should have no problem doing the same. The buildout is up to date and in great shape. The lease is amazing for being priced so well for the location and long-term with a lease rate at only $8,350 with all CAMS included for a total of 3700 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 2700 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. The seller is also offering amazing Seller Financing Terms with $500,000 down and $475,000 for 5 years at 7%. This will go quick as all true perfect location bars and restaurants and with the great price offered.
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Property Features and Assets:
3700 sq.ft. corner suite in a busy center
Market Competition and Expansion:
Tons of room for growth with more owner involvement and more live events.
Additional Details:
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
Relevant Links:
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