THIS IS A JEWEL OF A RESTAURANT WITH REAL ESTATE - you've got to see this restaurant to believe what a steal it is! It would cost $400k just to build out the interior of this restaurant as it stands let alone and the land and building is included
This family restaurant has been a Fountain Hills an area favorite for nearly a decade. After a very successful run of his own, the owner leased the facility and the tenant carried on the tradition of friendly, affordable family style dining. The restaurant is OPEN ONCE AGAIN under the original owner and business is bustling as his loyal customers have returned for the outstanding food and hospitality.
The restaurant has been completely refurbished, painted, updated and cleaned. It is in like new condition from top to bottom. This Broker has never seen such attention to detail. The restaurant is spotless.
NEW BAR!- the owner has added a new bar and is just awaiting the approval of the #12 Liquor license. This is an outstanding location for a possible sports pub as well which would require a minimal change.
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 is 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 building, land, furniture, fixtures and equipment. It has a full hood system, two walk-ins, freezers, refrigerated sandwich tables, fryers, grill, griddle, complete scullery, a three door pizza oven, three HVAC units and two swamp coolers, tables, booths, chairs, beverage station 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.
It is minutes to downtown and the famous fountain.
This is a rare opportunity to own the business, building and land at a great price. Bring your offer, the Seller is ready to deal!!
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 |
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.