Scottsdale Restaurants For Sale
Prime Location Scottsdale Bar & Restaurant - ASSET SALE! Low Rent.
If you've been looking for a great location to start a casual wine bar business or a small sports bar and you want to get opened immediately without the delays of permits and approvals and at a fraction of the cost of starting from scratch, then you have to look at this business. This business is clean and comfortable in a high traffic location and could quickly become a local favorite with the right concept, marketing and team. There is lots of foot traffic not to mention plenty of surrounding restaurants and retail shops doing BIG numbers.
ABOUT THE BUSINESS: Located on Scottsdale Road, this bar features a recently finished interior that's fresh and clean along with a number 12 liquor license allowing you to serve beer, wine and spirits. The restaurant features a simple menu of salads, wraps and paninis and is staff with professional chefs and bar manager ready for you to take over. There is no hood system, but you can put on in if you want to expand the menu.
ABOUT THE LEASE: The lease is nearly new and expires in about 3 years with a 3 year option. The rent is unbelievable for the area with 1,400 interior Sq. Ft. and about 140 exterior Sq. Ft. and a total monthly rent of about $3,350 and yes, that includes CAM costs.
REASON FOR SELLING: The owner must sell due to an urgent matter forcing him to leave the country. This business has been open for only weeks.
EQUIPMENT LEASES: There are approximately $42,000 of equipment leases the buyer can assume or pay-off, but this amount is in addition to the purchase price.
This is a Paramount Restaurant Brokers, Inc. Listing, A California Corporation.
Broker of Record Rob Tade DRE License #01339409
Lease
Operations
Facilities
Highlights
- Great Scottsdale Location Surrounded By Food and Beverage Places..
- Save Money and Time - Why Build From Scratch?
- Can add a hood system to increase menu.
- Nicely finished restaurant/wine bar.
- Wine and hard liquor served #12 License.
- Cozy and comfortable feel and look.
- Nice outside patio.
- Equipment Leases Must be Assumed of Approximately $42k.
- Low Rent for area.
Financing
Demographics
| Population | 1-mi. | 3-mi. | 5-mi |
|---|---|---|---|
| 2014 Total Population | 17,770 | 84,286 | 171,202 |
| Households | 1-mi. | 3-mi. | 5-mi |
| 2010 Number Of Households | 8,178 | 38,060 | 73,978 |
| 2010 Persons Per Household | 1.94 | 1.93 | 2.07 |
| Median House Value | $250,200 | $297,100 | $354,051 |
| Income Per Household | $59,358 | $58,571 | $60,036 |
| Businesses | 1-mi. | 3-mi. | 5-mi |
| 2009 Number Of Businesses | 607 | 4,297 | 7,089 |
| 2012 Number Of Employees | 14,828 | 123,292 | 198,560 |
| 2012 Total Annual Payroll | $368,058,000 | $2,956,469,000 | $4,294,967,295 |
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Disclaimer
Notice: The User (that's you reading this) of this Website understands that STONE PATH BROKERAGE SERVICES CORPORATION ("Broker") or its agent(s) do not audit or verify any above information given to or gathered by Broker or its agent(s) from Seller, our Client, or make any warranties or representations as to its accuracy or completeness of the information provided, nor in any way guarantee future business performance. The User should perform a complete and detailed due diligence on the business and or real estate before buying it. In some cases, forward looking statements may have been made but these statements are absolutely no guarantees of future performance of the business as each User has differing skills sets to either grow the business or kill the business. Owning a business is a risky venture, but can also be a rewarding one. The User of this website is solely responsible to examine and investigate the Business and or real estate, its assets, liabilities, financial statements, tax returns, and any other facts which might influence the User's purchase decision or the price the User is willing to pay. Any decision by User to purchase the Business shall be based solely on User's own investigation and that of User's legal, tax, and other advisors and not that of Broker or its agent(s). Any listing information may change at any time without any notice to User. DRE License # 01339409.