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#2328
Tempe Restaurants For Sale

Nearly Turn-Key Former Five Star Restaurant w/Bar - Facility For Sale

$39,000
Nearly Turn-Key Former Five Star Restaurant w/Bar  - Facility For Sale
This Listing is Expired
LANDORD SAYS HE'LL NEGOTIATE A GREAT NEW LEASE FOR A QUALIFIED BUYER!

One of the valley's most popular restaurant locations where a chef-owner made his mark on the Phoenix restaurant scene with this wonderful five star "neighborhood" restaurant. Now he's off to bigger and better things and he's leaving behind a jewel of a restaurant facility for you to make your mark on Phoenix as well.

Adjacent to the central corridor and close to Biltmore, Paradise Valley, Scottsdale and the upscale central residential area.

The initmate dining room, cozy bar and expansive patio provides an atmosphere to showcase your unique talents and inventive cuisine from French to Italian to Seafood to American bistro or even BBQ.

And the rent is negotiable for this 3,100 Sq. Ft. restuarant.

You want to see photos? Then just select the golden button below titled "more photos" and get started by taking a look at the location and doing a drive-by. Call us to make an appointment to see it as well.

The price of this opportunity is a fraction of the the cost to build a restaurant of this quality.
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:
New Lease 5+5

Financials

Last Year's Annual Gross:
$1,100,000

Operations

Liquor License:
#12
Hours Open:
Previous hours: Tues-Fri Lunch 11:30-2, Dinner Mon-Sat 5-10. Closed Sunday.

Currently closed.
Year Established:
2003
Hood System Type 1:
Yes

Facilities

Indoor Seating:
78
Outdoor Seating:
24
Inside Sq. Ft.:
3,100

Highlights

  • Former Five Star Restaurant Moved to Scottsdale
  • Well Shaded Outside Patio Seats 28
  • Immaculately maintained and fully equipped
  • Intimate, romantic setting in which to showcase your unique cuisine
  • Seats 78 inside with raised seating and a bar
  • The Former Restaurant at this Location Did Big Numbers
  • End-Cap Unit
  • Private Banquet Area
  • Perfect for Any Full Service Menu
  • Plenty of Parking
  • Rent is Negotiable! Make Offer...reasonable of course.

Financing

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

Demographics

Population 1-mi. 3-mi. 5-mi
2014 Total Population 35,371 95,523 433,728
Households 1-mi. 3-mi. 5-mi
2010 Number Of Households 15,114 38,258 167,882
2010 Persons Per Household 2.15 2.32 2.37
Median House Value $167,400 $200,544 $170,613
Income Per Household $46,037 $51,242 $46,340
Businesses 1-mi. 3-mi. 5-mi
2009 Number Of Businesses 1,006 2,782 11,838
2012 Number Of Employees 29,768 94,680 400,570
2012 Total Annual Payroll $654,292,000 $2,046,088,000 $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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