Scottsdale Restaurants For Sale
HOT CAVE CREEK RESTAURANT + REAL ESTATE FOR SALE
-
Prime LOCATION in Tourist Town
-
High Profit w/ Room for Additional Growth -- Small, easy to manage.
-
Main Street Frontage -- Monument Signage + Abundant Parking
-
High End Local Demographics -- Arts and Entertainment / Events
-
Popular Tourist Destination -- Just North of Scottsdale and Phoenix.
-
Tremendous Visibility -- high traffic area in the thick of all town events and festivals.
-
Local Favorite -- Famous Location, featured in Movies, photo shoots, Food Network, etc.
For Lease OR For Sale: Since proprietor owns the real estate, the option is YOURS...she can guarantee a great long term lease or help w/financing a sale. If you want to buy the business only--the lease rate is less than 7% of 2013 annual revenue--(really fair deal if you know the business). Or go ahead and buy the whole thing. LOCATION, LOCATION, LOCATION--Terrific investment with much upside potential.
Buildings=1232 sq ft, Patio=1745 sq. ft, Land=5178 sq. ft. +HUGE parking area and additional common areas not included in sq. ft. calculations .
*****Owner is eager to start a new business and happy to create a WIN-WIN situation for qualified buyer.*****
****Now is the time. High season is Feb-May! You may as well be in place and ready to rock it. "Make some hay while the sun shines" $$$****
"One of Cave Creeks Most Loved Destinations" this Popular Restaurant-- sits on the Main Street in the funky Western Town of Cave Creek, AZ where art, music, good food and friendship are a way of life. 5-10 degrees cooler than Phoenix, Cave creek draws visitors from around the world for featured events like Bull Riding, Wild West Days, Pro Rodeos, Art Fairs, Culinary Events, Live Music and Famous Markets. With the backdrop and beauty of the High Sonoran Desert, wild sunsets and majestic mountain views, it's no wonder more than a few celebrities call this place "Home".
ABOUT The Restaurant:
Perfect for owner/operator: Small and easy to operate. Proven track record w/High Profit and lots room for addition growth. Owner has excellent financials and 12+ year history. Menu is streamlined and very high-quality featuring: All-natural chicken, Harris Ranch beef, real butter, mayo, fresh vegetables, etc. Serving breakfast, lunch, dinner, espresso drinks and milkshakes PLUS: Huge Beer Selection and Full Bar.
Operating hours: Sun-Wed 7am-10pm, Thur-Sat 7am-12midnight.
SBA LOAN AVAILABLE--Gross sales for 2013: $840,000.00 est. w/adjusted net working cash flow of $186,000.00+ before financing costs (estimate using Year-to-date P&Ls.) SBA financing may be available to a qualified buyer as income is verifiable and on tax returns. Ideally, buyer will have restaurant management experience, good credit, 15-20% down. We'll handle the rest for you!
This is a Paramount Restaurant Brokers, inc. listing
Broker of Record Rob Tade DRE License #01339409
Lease
Financials
Operations
THUR TO SUN 8 AM TO 12 PM
Facilities
Highlights
- Rare Restaurant with Real Estate
- High-end High Income Area
- Near Scottsdale
- Solid Historical Business
- Great AAA Location in the Town
- SBA Financing Available
Financing
Demographics
| Population | 1-mi. | 3-mi. | 5-mi |
|---|---|---|---|
| 2014 Total Population | 28,938 | 28,938 | 42,080 |
| Households | 1-mi. | 3-mi. | 5-mi |
| 2010 Number Of Households | 10,504 | 12,004 | 16,760 |
| 2010 Persons Per Household | 2.56 | 2.49 | 2.46 |
| Median House Value | $368,500 | $406,462 | $462,972 |
| Income Per Household | $88,938 | $86,650 | $90,534 |
| Businesses | 1-mi. | 3-mi. | 5-mi |
| 2009 Number Of Businesses | 744 | 950 | 1,193 |
| 2012 Number Of Employees | 9,084 | 12,574 | 15,444 |
| 2012 Total Annual Payroll | $126,123,000 | $188,189,000 | $247,140,000 |
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.