Tempe Restaurants For Sale
Downtown Phoenix Favorite for Over Two Decades - #7 License
For over two decades it has been a favorite central core destination for outstanding Asian cuisine. The restaurant is located close to the burgeoning new downtown scene and directly across from a brand new light rail station. It is just a block off one of the area's busiest intersections. Ingress and egress to the reataurant is avaiable from both the east and west.
Included are eight dedicated parking spaces as well as an additional shared parking lot for over fifty cars.
It has been said to "never judge a book by it's cover" and that is certainly true regarding this welcoming restaurant. The front of the house was recently renovated and updated to reflect a modern, comfortable feel. You will enter to a contemporary dining room with polished cement floors and lighting details to accent the artwork on all the walls. The table tops are brushed stainless steel which perfectly compliment the cozy booths lining one side of the room and the mid-century, retro vinyl and stainless dining room chairs. The enrty host station and adjoining service bar and are also brand new shiny stainless steel. The decor is timeless and contemporary. You don't need to change a thing regardless of your cuisine or concept.
Included in the price is a hard to find and very valuable #7 Beer and Wine license. You will automatically obtain a great asset with your business purchase.
The kitchen package contains everything needed to produce the finest Asian cuisine as well as ample cold and dry storage.
The restaurant has been under the same ownership for over twenty-one years and has a loyal and dedicated clientele. The owner wants to retire to cooler "climates" and is motivated to make you a "HOT" deal:-)...I couldn't resist!
Lease
Financials
Operations
Sat & Sun: 5-9
Facilities
Highlights
- Downtown Favorite for Over Two Decades
- #7 License included in Purchase Price
- Minutes to the "NEW" Downtown
- Directly Across from New Light Rail Station
- Casually Elegant Contemporary Decor
- Complete Kitchen Package for Asian Cuisine
- Onsite Praking for over 40 cars
- Access from both the East and West on a Main Phoenix Thourghfare
- Price to Sell NOW
- Under Continuous Ownership for Past 21 Years
- Perfect Condition and Spotlessly Maintained
Financing
Demographics
| Population | 1-mi. | 3-mi. | 5-mi |
|---|---|---|---|
| 2014 Total Population | 27,847 | 141,198 | 380,191 |
| Households | 1-mi. | 3-mi. | 5-mi |
| 2010 Number Of Households | 12,307 | 48,832 | 135,469 |
| 2010 Persons Per Household | 2.05 | 2.57 | 2.53 |
| Median House Value | $232,223 | $147,588 | $155,803 |
| Income Per Household | $45,017 | $36,345 | $37,482 |
| Businesses | 1-mi. | 3-mi. | 5-mi |
| 2009 Number Of Businesses | 1,535 | 3,829 | 11,447 |
| 2012 Number Of Employees | 65,652 | 151,082 | 466,194 |
| 2012 Total Annual Payroll | $2,157,586,000 | $3,703,912,000 | $4,294,967,295 |
click for more demographic info
Disclaimer
DISCLAIMER: The User (that's you reading this) of this Website understands that Stone Path Brokerage Services, 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 addition to seeking professional advice from an attorney as well as a CPA. 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 (if included in the sale), 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. In most cases, the Broker represents the Seller who is our principal, but the Broker owes the User a duty of fair and honest dealings. Any decision by User to purchase the Business shall be based solely on User's own investigation and the 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 and User should often review the listing on the website to keep up to date.