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#3461
Tempe Restaurants For Sale

Restaurant w/Real Estate Near Revitalized Downtown Chandler District

$430,000
Restaurant w/Real Estate Near Revitalized Downtown Chandler District
This Listing is Expired

ABOUT THE BUSINESS: SellingRestaurants is proud to bring to you a Mexican Food Restaurant with Real Estate located on a Corner Lot and stand alone building with approximately 4,600 Sq. Ft..  Buy or Lease options are available for this location as well:

  • Purchase the Real Estate and Run the Restaurant
  • Purchase the Real Estate and Lease To Another the Restaurantor
  • Lease & Run the Restaurant.   

Included in this deal is a large selection of favorite Mexican Cuisine Recipes.  Serving the neighborhood for over 20 years, this restaurant has a continued flow of return customers.  This is an ideal choice for being in business on day one.  Grab this opportunity quick at this very low price!

THE EQUIPMENT: This location includes two kitchens designed to support high customer volumes or you can separate the bar & entertainment area from the traditional sit-down restaurant.  The extensive equipment in this sale includes 2 functioning hood systems, 2 Three Compartment Sinks & multiple prep tables.   All equipment is in use to support current operations.  Included in the Entertainment Wing are Two Pool Tables and a Juke Box that add to the revenue stream.

PROPERTY MAKEUP: With a Total Building Size of approximately 4,600 Sq. Ft. and Restaurant space of over 2,600 Sq. Ft., there is plenty of space to serve customers as well as provide options for multiple cuisines and multiple customer service venues.   

CURRENT SALES: The owner claims annual sales range of approximately $240k.  This has not been verified by the Broker and the buyer should perform their own due diligence.

REASON FOR SELLING: The Owner is ready to retire.

GET THE NAME AND ADDRESS: Select the orange button titled want name and address and you’re on your way to seeing this business.


This is a Paramount Restaurant Brokers, inc. Listing.

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

Lease

Region:
Tempe Restaurants For Sale
Lease Term:
Possible New Lease - Call for Terms

Operations

Liquor License:
12
# of Full-Time Employees:
3
# of Part-Time Employees:
2
# of Family Employees:
3
Hours Open:
Sun - Thur 8:00am - 8:30pm
Fri & Sat 8:00am - 9:00pm
Year Established:
1990
Hood System Type 1:
Yes

Facilities

Indoor Seating:
70
# of Parking Spots:
20
Lot Dimension:
110' x 200'
Lot Sq. Ft.:
22000
Total Building Sq. Ft.:

Highlights

  • Real Estate located on a Corner Lot Stand Alone Building
  • Buy or Lease Options Available
  • Includes Two Kitchens
  • 2 Hood Systems
  • Approximately 4,600 Sq. Ft. Total Building Size
  • Restaurant Space Over 2,600 Sq. Ft.

Financing

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

Demographics

Population 1-mi. 3-mi. 5-mi
2014 Total Population 72,499 111,650 327,301
Households 1-mi. 3-mi. 5-mi
2010 Number Of Households 25,025 38,699 107,148
2010 Persons Per Household 2.78 2.77 2.79
Median House Value $163,300 $182,416 $191,486
Income Per Household $56,414 $63,110 $67,466
Businesses 1-mi. 3-mi. 5-mi
2009 Number Of Businesses 1,097 2,163 6,529
2012 Number Of Employees 22,702 56,422 190,844
2012 Total Annual Payroll $431,800,000 $1,175,126,000 $3,876,853,000

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.


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