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#5585
Phoenix Restaurants For Sale

Absentee Operated Award Winning Restaurant

$135,000
Absentee Operated Award Winning Restaurant
This Listing is Expired

AWARD WINNING RESTAURANT ABSENTEE RUN

This is a clean, stylish (for a strip mall), approximately 40 seat restaurants serving 100% kosher cuisine from Uzbekistan / Bhukara. The cuisine, generally speaking, is an offshoot of a pan-Central Asian cooking style based largely on Silk Road exoticisms like grilled kebabs called shashlyk, meat-stuffed pastries, hand-pulled noodle soups and palov (rice pilaf).

Restaurant is absentee and still won the prestigious Best of Phoenix Award. There are 2 kitchens, dinning room and Banquet Room. With the right owner operator, the banquet room could add large profit by marketing to for meeting, weddings, Quinceanera  

Owner stated the restaurant can be sold with out the Banquet room... 

  • 2 kitchens.
  • Full size Walk-in freezer & refrigerator.
  • Banquet room if marketed properly could generate large profits.
  • Owner has large restaurant in Scottsdale wants to sell Phenix location.
  • Low rent both $1700 per suite.
  • New owner will can choose not to add the Banquet room
  • Clean shopping center.
  • Absentee owner business has net profit of 60k owner will prove.
  • Equipment like new.
  • Can be changed/or added Mediterranean style food.
  • Staff is well trained and will continue to ensure the new owner will be successful.
  • Profitable 60K owner to prove.
This is a Stone Path Brokerage Services, Inc. DBA Selling Restaurants San Diego listing.
Broker of Record Rob Tade DRE License #01339409

Lease

Region:
Phoenix Restaurants For Sale
Lease Term:
2.5 years 3 yr. option
Total Monthly Rent:
$3,400

Financials

EBITDA:
$72,000

Operations

# of Full-Time Employees:
6
# of Part-Time Employees:
1
# of Family Employees:
1
Hours Open:
Sunday to Thursday 11 to 9
Friday 11 to 3
Saturday Closed
Year Established:
2017
Hood System Type 1:
Yes

Facilities

Indoor Seating:
132
Inside Sq. Ft.:
3,200

Highlights

  • Middle Eastern Restaurant
  • Catering
  • Kosher Food
  • Money maker
  • Profitable restaurant
  • low Rent
  • owner motivated
  • Wedding Room
  • Party Room
  • Mediterranean Food

Financing

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

Demographics

Population 1-mi. 3-mi. 5-mi
2014 Total Population 49,279 154,609 350,545
Households 1-mi. 3-mi. 5-mi
2010 Number Of Households 20,596 59,038 134,088
2010 Persons Per Household 2.25 2.41 2.42
Median House Value $176,900 $162,808 $160,049
Income Per Household $45,606 $47,199 $50,706
Businesses 1-mi. 3-mi. 5-mi
2009 Number Of Businesses 756 2,858 7,810
2012 Number Of Employees 13,606 68,314 259,554
2012 Total Annual Payroll $203,887,000 $1,024,994,000 $4,294,967,295

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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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