#2094
Tempe Restaurants For Sale

Cute Botique Restaurant in Artsy Fountain Hills Area - Liquor License Available

$145,000

SellingRestaurants presents this fabulous restaurant situated on the scenic Avenue of the Fountains in Fountain Hills, AZ. The Turn-Key Restaurant features a beautifully dressed interior comfortably darkened by dramatic burnt-orange walls and is 1,700 Sq. Ft. This Arizona community of about 26,000 residents are nestled into the foothills of the McDowell Mountains and is an integral part of the Phoenix metro area and neighboring Scottsdale.

The views from this restaurant and outside patio are spectacular and the charming atmosphere of the restaurant draws visitors and residents from around the world.

There is plenty of parking and foot traffic in this artsy area. The seller is motivated. Make an offer!

Biltmore Management Designated Broker

Broker TJ Claassen

Lease

Region:

Tempe Restaurants For Sale

Lease Term:

3 Years Remain with Two 5 year options

Total Monthly Rent:

$2,124

Financials

Last Year's Annual Gross:

$330,000

Operations

Liquor License:

available

# of Full-Time Employees:

# of Family Employees:

Hours Open:

Tues-Sat 8AM-9:30PM
Sun-Mon 8AM-3PM

Year Established:

2008

Hood System Type 1:

Yes

Facilities

Indoor Seating:

Outdoor Seating:

# of Parking Spots:

Inside Sq. Ft.:

1,700

Outside Sq. Ft.:

400

Highlights

Spectacular Views
Cozy Comfortable Restaurant
Annual Gross Expected to be about $330,000 in 2009
Outside patio seats 20+
Beautiful area near Scottsdale
Fully Equipped Turn Key Restaurant
Continue the current use or convert as you wish
Owner will offer training for future operator

Financing

Will SBA Finance:

Will Seller Lend To Buyer:

Yes

Demographics

Population	3-mi.	5-mi
2014 Total Population	27,693	51,623
Households	3-mi.	5-mi
2010 Number Of Households	10,426	19,402
2010 Persons Per Household	2.16	2.26
Median House Value	$332,400	$434,318
Income Per Household	$73,608	$83,743
Businesses	3-mi.	5-mi
2009 Number Of Businesses	627	1,163
2012 Number Of Employees	7,826	13,138
2012 Total Annual Payroll	$124,178,000	$248,054,000

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.