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#4301
Scottsdale Restaurants For Sale

Restaurant, Bar with Entertainment in Heart of Scottsdale

$325,000
Restaurant, Bar with Entertainment in Heart of Scottsdale
This Listing is Expired

This Restaurant is located in the heart of all the high-end restaurant activity in the Scottsdale market.  These locations don't become available very often and if you're looking for a AAA location for your new concept, then you need to see this restaurant and bar.

There are about 5,100 Sq. Ft. plus an outside patio of about 150 Sq. Ft. You can assume the current lease and get more options or negotiate a new lease.  All-in rent is about $18,500.

THE VALUE: The value of this restaurant can be proven by the current income, but in reality the concept needs to change to really hit the home run this location is capable of hitting. It would cost no more than $150,000-$200,000 to do a major remodel of this restaurant, and with the current sales price you'd be saving yourself no less than $800,000 in build-out costs compared to an empty shell and you'll be up and running faster too. 

So go to SellingRestaurants.com and take a look.

This is a Stone Path Brokerage Services, Inc. DBA Selling Restaurants San Diego listing.
Broker of Record Rob Tade DRE License #01339409

Lease

Region:
Scottsdale Restaurants For Sale
Lease Term:
New Lease
Total Monthly Rent:
$18,428

Financials

Last Year's Annual Gross:
$1,300,000
Last Year's Owner's Cash Flow:
$200,000

Operations

Liquor License:
12
# of Full-Time Employees:
20
# of Part-Time Employees:
16
# of Working Owners:
2
Hours Open:
Monday - Sunday -11am-10pm
Year Established:
2005
Hood System Type 1:
Yes
Hood System Type 2:
Yes

Facilities

Indoor Seating:
170
Outdoor Seating:
24
# of Parking Spots:
plenty
Inside Sq. Ft.:
5,099
Outside Sq. Ft.:
150

Highlights

  • AAA North Scottsdale Location
  • Total Entertainment Location
  • Nice Bar!
  • Large Patio Area
  • Low Rent for Area
  • Fine Dining - Convert To Casual w/ Little Effort

Financing

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

Demographics

Population 5-mi
2014 Total Population 0
Households 5-mi
2010 Number Of Households 0
2010 Persons Per Household
Median House Value $0
Income Per Household $0
Businesses 5-mi
2009 Number Of Businesses 0
2012 Number Of Employees 0
2012 Total Annual Payroll $0

click for more demographic info

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.


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