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#3834
Scottsdale

AAA North Scottsdale Location - Bistro, Baking and Pizzeria Business - High Foot Traffic - Large Patio

$450,000
AAA North Scottsdale Location - Bistro, Baking and Pizzeria Business - High Foot Traffic - Large Patio
This Listing is Expired

This neighborhood bistro and baking company is a must see for anyone looking to build upon an established business in a fantastic location.  This business has operated for more than 6 years and has a loyal following.  The location is perfect for adding a breakfast menu to the business to generate far more sales. The current owners treat this wonderful business more like a hobbie, they enjoy it, but it isn't their life.  A new owner with determination, drive and consistency could triple sale.

This restaurant is located in a busy lifestyle center, this immaculately designed eatery is located just steps to the cinema.  This AAA location has a #12 liquor license, making a full-service bar an ideal opportunity for revenue growth.  This concept would perfectly complement the wonderful food, bakery products and ambience to host the “pre” and “post” theater crowd.

Currently an untapped resource, the restaurant also boasts the capabilities and equipment to be full service morning into evening – offering an upscale breakfast / patisserie experience as well.

Aesthetically, the outdoor patio ties in beautifully with the European bistro ambience and is fully equipped with tables, chairs, stereo surround sound and a cooling misting system.  These elements combined create the perfect place for a relaxing breakfast, a productive business lunch, a romantic dinner or an evening nightcap after a movie.  The patio is shaded most of the day, and combined with the misting system, it creates a welcoming atmosphere during those warm summer days and evenings!

The kitchen has been designed with efficiency in mind, complete with prep areas, stainless multi-burner stoves, a hood system and a high temp dish washing machine.  In addition, there is a multi-deck pizza oven, baking necessities for cakes and pastries, a walk-in freezer and cooler, as well as built-in internet surveillance equipment helping you to keep an eye on the business remotely.  All equipment is in excellent working order and has been meticulously maintained.

Current revenues exhibit continued growth over each of the past three years, with last year over $300,000.  This revenue is not reflective of the opportunities that are simply waiting to be tapped, specifically the breakfast and full bar!  This bistro is a “turn-key”, upscale opportunity offering beautiful space in a beautiful location.

Take a tour of the photos and enjoy!

 Freedom Lakes, LLC. listing. 

Broker - Team Leader Mel Jones

Lease

Region:
Scottsdale
Lease Term:
Start 11/26/2006 + 2 - 5 yr options
Total Monthly Rent:
$7,000

Financials

Last Year's Annual Gross:
$302,726
Last Year's Food Cost %:
25
Last Year's Payroll Cost %:
11
Last Year's Rent %:
26

Operations

Liquor License:
12
# of Full-Time Employees:
1
# of Part-Time Employees:
2
# of Family Employees:
2
Hours Open:
Tuesday - Thursday 12pm - 9pm
Friday & Saturday 12pm - 11pm
Sunday 12pm - 9pm
Year Established:
2006
Hood System Type 1:
Yes

Facilities

Indoor Seating:
58
Outdoor Seating:
28
# of Parking Spots:
25
Inside Sq. Ft.:
2,089

Highlights

  • Beautifully designed bistro in high-traffic lifestyle center!!!
  • Closest eatery to a large multi-screen movie theater! Traffic year-round!!!
  • Outdoor patio equipped with misting system and stereo sound!!!
  • Multiple avenues of revenue and opportunity for growth!!!
  • Perfect space for a full bar - expanding customer base!!
  • An efficiently built, full-service kitchen with hood system!
  • Built-in internet surveillance equipment to keep an eye on the business remotely!!
  • A real “turn-key” opportunity in a magnificent space!

Financing

Will SBA Finance:
No
Will Seller Lend To Buyer:
No

Demographics

Population 3-mi. 5-mi
2014 Total Population 38,416 136,345
Households 3-mi. 5-mi
2010 Number Of Households 16,811 56,287
2010 Persons Per Household 2.12 2.23
Median House Value $360,000 $404,353
Income Per Household $76,522 $83,264
Businesses 3-mi. 5-mi
2009 Number Of Businesses 3,144 7,151
2012 Number Of Employees 89,028 180,174
2012 Total Annual Payroll $2,283,309,000 $4,294,967,295

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Disclaimer

Notice: The User (that's you reading this) of this Website understands that Freedom Lakes, LLC. ("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 infomation 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, foreward 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.


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