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#3383
Tempe Restaurants For Sale

East Valley Latin Quick Serve Restaurant Facility For Sale

$69,500
East Valley Latin Quick Serve Restaurant Facility For Sale
This Listing is Expired

ABOUT THE BUSINESS: We are proud to bring to you this Unique Latin food restaurant.  With an ideal location, near businesses, residential areas and freeway access, this restaurant has been owner-operated since 2009.  Large selections of favorite Latin Cuisine recipes are included in this deal along with a Series 12 Liquor License.

THE EQUIPMENT: There is extensive equipment in this sale, from walk-in cooler & freezer to a four burner oven.  All equipment supports current operations.

LEASE: With approximately 1,800 Sq. Ft. and seating availability for 50, there is plenty of space to serve existing and new customers.  This is an ideal choice for being in business on day one.  Grab this opportunity quick at this very low price!

REVENUE: The owner claims annual sales range between $235k and $250k.  This has not been verified by the Broker and the buyer should perform their own due diligence.  A Financial Statement will be made available during the due diligence phase.

REASON FOR SELLING: Family demands on owner’s time and availability.

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:
Expires Dec 2012 + Two 3 yr options
Total Monthly Rent:
$1,914
Security Deposit:
$2,500

Financials

Last Year's Annual Gross:
$236,000
Last Year's Owner's Cash Flow:
$39,133

Operations

Liquor License:
12
# of Full-Time Employees:
3
# of Part-Time Employees:
4
# of Family Employees:
1
Hours Open:
11:30am - 9:00pm Tue - Sat
11:30am - 8:00pm Sun
Hood System Type 1:
Yes

Facilities

Indoor Seating:
50
# of Parking Spots:
15
Inside Sq. Ft.:
1,800

Highlights

  • Favorite Peruvian Cuisine Recipes Included
  • #12 Liquor License
  • 1,800 Sq. Ft.
  • 50 Person Seating Available
  • Extensive Equipment in this Sale

Financing

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

Demographics

Population 1-mi. 3-mi. 5-mi
2014 Total Population 39,893 79,496 385,598
Households 1-mi. 3-mi. 5-mi
2010 Number Of Households 15,628 28,481 144,825
2010 Persons Per Household 2.38 2.56 2.46
Median House Value $151,700 $136,311 $170,616
Income Per Household $42,649 $39,913 $50,316
Businesses 1-mi. 3-mi. 5-mi
2009 Number Of Businesses 880 2,097 11,601
2012 Number Of Employees 29,150 69,106 478,778
2012 Total Annual Payroll $526,727,000 $1,287,471,000 $4,294,967,295

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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