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#4493
Yuma Restaurants For Sale

MONEY MAKER! Family Restaurant w/Lounge & Bar - SBA Loan Avail.

$350,000
In Contract
MONEY MAKER! Family Restaurant w/Lounge & Bar - SBA Loan Avail.



ADD TO FAVORITE

Located off a main exit on a major highway just as one enters a major city, this family style restaurant also features a bar and lounge, making it unique as well as attractive to the locals.  It has operated for nearly a quarter century and the people in the area give it good rating for food, service and value. 

It is situated in a stand alone building with 7,000 Sq. Ft. The building is well maintained and shows extremely well.  It in on a corner lots with lots of daily traffic counts. 

The bar area is large, seating about 100 people.  If you want to pump-up sales, add some entertainment and ths business could easily go way past the $1 million mark...and it is only open eight month of the year!

Speaking of numbers, 2014 sales were over $919,000 while the adjusted cash flow was over $211,000, making this an absolute steal at this price. The business is well run with food costs running about 34% and wages running about 17%.  There are two working owners who are paid from the business and the cash flow has been adjusted downward to reflect replacing one owner.  

The business is closed Mother's Day to September 15 each year, so you can leave town and miss the extreme heat!

The kitchen is fully staffed and well trained and produce a great product as the Yelp reviews prove.  You don't have to cook!

To get the name and location of this business, please visit our website at www.sellingrestaurants.com.

This is a Paramount Restaurant Brokers, Inc. DBA SellingRestaurants.com listing.
Broker Mel Jones DRE License #CA00893362 and AZ BR634507000

Lease

Region:
Yuma Restaurants For Sale
Lease Term:
New Lease 10 Years +
Total Monthly Rent:
$8,000

Financials

Last Year's Annual Gross:
$919,063
Last Year's Owner's Cash Flow:
$211,918

Operations

Liquor License:
12
# of Full-Time Employees:
15
# of Part-Time Employees:
20
# of Working Owners:
1
Hours Open:
Daily 6am - 9pm
Year Established:
1990
Hood System Type 1:
Yes

Facilities

Indoor Seating:
200
# of Parking Spots:
100
Inside Sq. Ft.:
7,000

Highlights

  • Lounge with Hard Liquor
  • Great bar area
  • Amazing Food and Service
  • Amazing high exposure corner location
  • Just off major highway exit
  • Well maintained and clean building
  • Owner will train
  • Closed in Summer
  • MONEY MAKER!

Financing

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

Demographics

Population 5-mi
2014 Total Population 28,096
Households 5-mi
2010 Number Of Households 9,634
2010 Persons Per Household 2.12
Median House Value $125,100
Income Per Household $50,538
Businesses 5-mi
2009 Number Of Businesses 200
2012 Number Of Employees 3,936
2012 Total Annual Payroll $41,586,000

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Disclaimer

Notice: The User (that's you reading this) of this Website understands that Paramount Restaurant Brokers, 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 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.


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