Scottsdale Restaurants For Sale
Operating Restaurant in Wonderful Fountain Hills For Sale
This owner operated family restaurant has been a Fountain Hills area favorite for over a decade. This restaurant recently opened again under the original owner and the business is growing as the loyal customers have returned for the outstanding food and hospitality.
The cost to build out a restaurant and kitchen of this quality is thousands more than the asking price.
The restaurant and kitchen have been completely refurbished, painted, updated and cleaned. It is in like new condition from top to bottom. The restaurant is spotless.
NEW BAR!- has just been added with a #12 License.
This has always been a great place to EAT!! The menu features something for everyone, great salads, burgers, pizza, gyros, specialty entrees and wings. Breakfast is not currently served but everything is in place to do so. Whatever your specialty the equipment is there to produce it. The kitchen and storage are huge and perfect for catering which offers a great opportunity to expand your business growth. Large parties up to 50+ can easily be accommodated in the banquet room.
The business is currently open for lunch and dinner five days a week by the owner’s choice. Just think of the additional revenue by expanding the hours!!
This is a total package of furniture, fixtures and equipment. It has a full hood system, walk-in, freezers, refrigerated sandwich tables, fryers, grill, griddle, complete new scullery, a three door pizza oven, three HVAC units and two swamp coolers, tables, booths, chairs, beverage station, new bar and more.
The building is adjoined by an ice cream shop and fraternal organization meeting hall. The shared parking is huge, well maintained and lighted.
Patio seating is available for up to 30.
It is minutes to downtown and the famous fountain.
This is a rare opportunity to own the business and negotiate a great lease too. Bring your offer, the we are ready to deal!
Broker Mel Jones DRE License #CA00893362 and AZ BR634507000
Lease
Operations
Facilities
Highlights
- Landmark Family Dining Spot for over a Decade
- Complete Turn Key Opportunity
- Completely Renovated and Spotlessly Maintained
- Full Service Kitchen Includes Grill, Griddle, Pizza Ovens, Refrigeration, Stainless Galore
- Great for Current Family Dining Concept or Possible Sports Pub
- Minutes to the Famous Fountain
- Banquet Room for Large Parties
- Fully Equipped to Handle Catering Business
- Brand New Bar Just Added with #12 License
- Pride of Ownership Shows Throughout
- Put Your Key in the Door and You're in Business
Financing
Demographics
| Population | 3-mi. | 5-mi |
|---|---|---|
| 2014 Total Population | 27,693 | 51,623 |
| Households | 3-mi. | 5-mi |
| 2010 Number Of Households | 10,426 | 19,402 |
| 2010 Persons Per Household | 2.16 | 2.26 |
| Median House Value | $332,400 | $434,318 |
| Income Per Household | $73,608 | $83,743 |
| Businesses | 3-mi. | 5-mi |
| 2009 Number Of Businesses | 627 | 1,163 |
| 2012 Number Of Employees | 7,826 | 13,138 |
| 2012 Total Annual Payroll | $124,178,000 | $248,054,000 |
click for more demographic info
Disclaimer
Notice: The User (that's you reading this) of this Website understands that Paramount Restaurant Brokers, Inc. ("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.