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MAJOR PRICE REDUCTION!!
OWNER CURRENTLY NEGOTIATING NEW LOWER RENT!
We say WOW to this restaurant for sale in upscale North Glendale just of the 101 Freeway. This place is loaded. The equipment package alone far exceeds the price. This quick serve facility boasts two full hood systems for exhibition and back of the house cooking. It also includes, a large flat top griddle, gas broiler, gas grill, warming ovens, large walk-in, two fryers, beverage station and much much more!!
Tired of pizza, Mexican, and subs, this area begs for a new “upscale burger joint” the hottest concept in the country. Everything you need is here and waiting to bring it to life. The equipment package and décor could support any concept you want to bring as well. Seating for over sixty in the spacious dining area including tables chairs and high boys. This restaurant requires no remodel and is priced far below the cost to build out.
There is plenty of parking in this upscale mall which features major anchor tenants including Home Depot and Staples. Loads of foot traffic adds to the possibilities.
It is located just minutes from upscale residential neighborhoods, golf and the 101.
This is simply one of those restaurants you need to see.
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 2013 + (1) 5 Year option
Total Monthly Rent:
$5,385
Financials
Last Year's Annual Gross:
$365,000
Operations
# of Full-Time Employees:
1
# of Part-Time Employees:
5
Hours Open:
Mon-Fri 11-9
Sat-Sun 11-10
Highlights
- WOW!! Put the key in the door and be in business
- Upscale decor of tile, slate and warm colors
- Great upscale residential neighborhood
- Plenty of parking
- Mall features loads of parking and foot traffic
- Just off the 101 in fast growing north Glendale
- Turn key ready
- Complete equipment package for any concept
- Owner is ready to look at your offer!!
- Major Anchor Tenants include Staples and Home Depot
Financing
Will Seller Lend To Buyer:
No
Demographics
Population |
1-mi. |
3-mi. |
5-mi |
2014 Total Population |
67,622 |
87,533 |
259,288 |
Households |
1-mi. |
3-mi. |
5-mi |
2010 Number Of Households |
24,405 |
31,042 |
91,574 |
2010 Persons Per Household |
2.59 |
2.65 |
2.64 |
Median House Value |
$198,900 |
$202,492 |
$184,714 |
Income Per Household |
$68,796 |
$72,615 |
$66,822 |
Businesses |
1-mi. |
3-mi. |
5-mi |
2009 Number Of Businesses |
1,687 |
2,038 |
4,766 |
2012 Number Of Employees |
40,912 |
46,044 |
133,856 |
2012 Total Annual Payroll |
$650,542,000 |
$718,557,000 |
$2,459,966,000 |
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.