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#3055
Scottsdale Restaurants For Sale

Scottsdale Bar Serving Wine, Spirits & Food - MAKE OFFER!

$55,000
Scottsdale Bar Serving Wine, Spirits & Food - MAKE OFFER!
This Listing is Expired

THE BUSINESS: We're excited to bring you a rare wine bar and panini shop in the high demand area of Scottsdale.  This is a relatively simple business to operate.  This place has the look and feel of a local watering hole with a lazy outside patio.  

THE LOCATION: Located in a free standing cottage style building right in the heart of Scottsdale, this has long been a favorite after-shift destination for the restaurant crowd and they know where to eat, drink and be merry for the best value and great panini sandwiches. There are about 24 seats inside and more outside with a patio that wraps around the building like and L adding an additional 30 customers.  

THE RESTAURANT/BAR: This cozy spot features outstanding salads, sandwiches and panini’s served in the intimate dining room and bar serving wine as well as spirits. The kitchen features cold preparation for appetizers and salads and Panini presses . There is currently no hood system, however, the duct work is in place for installation of exhaust fans. The restaurant is compact and easy to operate with a loyal clientele. The operative word for this place is “FUN”.

REASON FOR SELLING: The Owner has made a great living here for several years, but but he has excepted a high paying job and needs to sell the business NOW!

This is a Paramount Restaurant Brokers, Inc. DBA SellingRestaurants.com listing.
Broker Mel Jones DRE License #CA00893362 and AZ BR634507000

Lease

Region:
Scottsdale Restaurants For Sale
Lease Term:
New Lease
Total Monthly Rent:
$2,625
Security Deposit:
$5,566

Financials

Last Year's Annual Gross:
$187,000
Last Year's Owner's Cash Flow:
$75,000

Operations

Liquor License:
12
# of Part-Time Employees:
3
# of Family Employees:
2
Hours Open:
Mon-Sun 5PM to 2AM
Year Established:
1996

Facilities

Indoor Seating:
20
Outdoor Seating:
24
# of Parking Spots:
3
Inside Sq. Ft.:
880
Outside Sq. Ft.:
450

Highlights

  • A Scottsdale Late Night Tradition
  • Intimate Wine, Cocktail and Panini Bar
  • Perfect for the Owner Operator
  • Favorite Hang Out for the Restaurant Crowd
  • Free Standing Building
  • Inviting Patio Seating with Room to Expand
  • Plenty of street parking available
  • Easy and Fun to Operate
  • The Fall Season is here and the place is buzzing
  • NEW PRICE REDUCTION MAKES THIS A "STEAL OF A DEAL"

Financing

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

Demographics

Population 3-mi. 5-mi
2014 Total Population 47,262 181,485
Households 3-mi. 5-mi
2010 Number Of Households 18,478 72,390
2010 Persons Per Household 2.45 2.35
Median House Value $354,200 $275,475
Income Per Household $90,718 $70,660
Businesses 3-mi. 5-mi
2009 Number Of Businesses 1,931 7,712
2012 Number Of Employees 45,240 222,780
2012 Total Annual Payroll $1,119,144,000 $4,294,967,295

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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.


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