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#5026
Scottsdale Restaurants For Sale

Scottsdale Mediterranean Quick Serve For Sale - Generally Absentee!

$209,000
Scottsdale Mediterranean Quick Serve For Sale - Generally Absentee!
This Listing is Expired

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Location, Location, Location

This restaurant has a great location with a high-volume car traffic that passes this location every day. The disposable income in this area is high therefore an aggressive operator should be able to grow business.

Improve last year's sales of $480,000 by being a full time owner who can mind the details better than an employee. Current owner only over sees operations and has two other stores. This Restaurant for Sale should be EZ for a first-time operator to run.  The seller wants to down size and is moving into a new direction in the food industry.

Immense opportunity to drive catering in this high density office area to increase store level sales through marketing. Rent is right around $4,300 per month including taxes and insurances restaurant size is 1800 SF.

Current owner P&L shows 67k an owner operator could easily make a $100K+ by running business an owner operator.

Seating est. inside 40 outside seating 25.

Owner will carry with qualified buyer.

The name does not convey, but a slight modification if the name may be possible. Recipes are included. 

This is a MJS Business Sales, LLC. an Arizona Limited Liability Company listing.
Broker Michael Shanley DRE License #BR035540000

Lease

Region:
Scottsdale Restaurants For Sale
Lease Term:
5 yr
Total Monthly Rent:
$4,200

Financials

Last Year's Annual Gross:
$371,207
Last Year's Owner's Cash Flow:
$79,020
EBITDA:
$79,020

Operations

# of Full-Time Employees:
4
# of Part-Time Employees:
1
Hours Open:
11 to 8
Year Established:
2015
Hood System Type 1:
Yes

Facilities

Indoor Seating:
40
Outdoor Seating:
25
Inside Sq. Ft.:
1,800

Highlights

  • fast food
  • Mediterranean food
  • scottsdale
  • Restaurant
  • lunch dinner
  • Great location

Financing

Will SBA Finance:
No
Will Seller Lend To Buyer:
Yes
Seller Carryback of Purchase Price:
40%

Demographics

Population 5-mi
2014 Total Population 46,055
Households 5-mi
2010 Number Of Households 15,299
2010 Persons Per Household 2.43
Median House Value $586,800
Income Per Household $111,042
Businesses 5-mi
2009 Number Of Businesses 1,514
2012 Number Of Employees 35,052
2012 Total Annual Payroll $990,542,000

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Disclaimer

DISCLAIMER: The User (that's you reading this) of this Website understands that MJS Business Sales, LLC. ("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.


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