Tempe Restaurants For Sale
Family Restaurant w/Low Rent in East Mesa
If you're looking for a family restaurant with a Denny's style menu with a very attractive rent factor then you should stop and look at this place.
This restaurant has been operating for nearly two years. The owner also owns and operates another restaurant in the area and frankly he's getting too old, tired to run these places and his health is suffering as a result. He is so motivated to sell and knows the business makes money that he's willing to carry $45,000 of the purchase price!!!
This is a seasonal restaurant that ebbs and flows with the snow birds and the fixed costs are so low that you can make money with monthly sales only being $15,000. The average seasonal monthly revenue I'm told by the owner is about $30,000 right now on the books and the off season is about $12,000.
This is a great family business for a family that knows how to operate a Denny's style business. Cut labor costs this way and make the breakeven point even lower than $15,000 a month. There is only one working owner on this site.
So select the golden button below to get the name and location and go out and see this place. It may not be the greatest looking center in the world, but hey, the rent is amazing!
A Paramount Restaurant Brokers, Inc. Listing
Broker of Record Rob Tade DRE License #01339409
Lease
Operations
Saturday and Monday 6:30am - 3pm
Sunday 6:30 - 2pm
Facilities
Highlights
- Monthly Gross Sales Reported are about $30,000 on-season
- Super Low Rent Factor! 4% of Gross Sales
- Very Clean Operation, Professionally Managed
- Seasonal Business
- Upside is in Ramping Up Catering Business
- Small Outside Patio with Seating for 12 or more.
- Beautifully Equipment - All Equipment is Owned Free and Clear
- Financials are based upon a Pro-Forma - Buyer MUST verify the Information
- Restaurant Only Open for about a year.
- Owner Will Train at No Additional Costs
Financing
Demographics
| Population | 1-mi. | 3-mi. | 5-mi |
|---|---|---|---|
| 2014 Total Population | 43,869 | 80,908 | 183,243 |
| Households | 1-mi. | 3-mi. | 5-mi |
| 2010 Number Of Households | 17,271 | 32,520 | 63,979 |
| 2010 Persons Per Household | 2.29 | 2.22 | 2.57 |
| Median House Value | $124,800 | $134,460 | $134,930 |
| Income Per Household | $44,469 | $45,037 | $46,607 |
| Businesses | 1-mi. | 3-mi. | 5-mi |
| 2009 Number Of Businesses | 727 | 1,777 | 3,348 |
| 2012 Number Of Employees | 18,466 | 57,870 | 90,678 |
| 2012 Total Annual Payroll | $517,528,000 | $1,240,813,000 | $1,759,910,000 |
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.