Tempe Restaurants For Sale
5 Day Breakfast and Lunch in Phoenix - Take the Weekends & Holidays Off!
Sold
Are you looking for a simple restaurant to own and operate where you'll have weekends and holidays off? If so, then take a look at this cozy, office center breakfast and lunch spot that's been in continuous operation since 1989 and the current owner has operated it since 2003. This restaurant is beautifully maintained and fully equipped to service the busy morning, lunch and afternoon snackers.
This restaurant has plenty of inside seating as well as a nice courtyard patio.
If you're a hustler, you'll be able to increase sales by knocking on doors and offering take-out and catering for the local offices. And you want low rent too...currently the landlord has reduced the rent to a low $900 a month which includes a portion of utilities. One of the major tenants move sometime ago, so some day that space will be filled and you'll be looking back at what a steal this business was at the current asking price.
After seven years in this business, the seller is tired of it and wants to move-on.
Great potential for a new owner to build on an a established clientele. Be in business immediately.
Broker of Record Rob Tade DRE License #01339409
Lease
Financials
Operations
Facilities
Highlights
- 5 Day Breakfast and Lunch
- Continuous operation for over 14 years
- Located in upscale business center in Metro Phoenix area
- Fully equipped and meticulously maintained
- Work Mon-Fri and be home for dinner with the family
- Current rent reduction to only $900/month inclusive
- Excellent opportunity to buy right
- Great opportunity to expand sales, delivery and catering to adjacent office complexes
- Owner has had a great run but needs to move on
- Perfect time to negotiate a new lease with motivated landlord
Financing
Demographics
| Population | 1-mi. | 3-mi. | 5-mi |
|---|---|---|---|
| 2014 Total Population | 40,349 | 166,755 | 391,118 |
| Households | 1-mi. | 3-mi. | 5-mi |
| 2010 Number Of Households | 15,001 | 60,659 | 136,993 |
| 2010 Persons Per Household | 2.48 | 2.52 | 2.58 |
| Median House Value | $188,200 | $144,064 | $151,257 |
| Income Per Household | $38,130 | $41,464 | $42,277 |
| Businesses | 1-mi. | 3-mi. | 5-mi |
| 2009 Number Of Businesses | 938 | 3,355 | 8,883 |
| 2012 Number Of Employees | 49,432 | 128,098 | 324,366 |
| 2012 Total Annual Payroll | $1,079,917,000 | $2,660,142,000 | $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.