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#4293
Scottsdale Restaurants For Sale

Casual Dining in Very Upscale Neighborhood - Profitable - SBA Loan

$500,000
Sold
Casual Dining in Very Upscale Neighborhood - Profitable - SBA Loan
This Listing is Sold

This casual American comfort food restaurant in located in a very wealthy area of North Scottsdale and has been operating for 5 years. It features a large outside patio and plenty of indoor dining. The service, quality food and prices keep the local coming and attract the tourists too. 

This is primarily absentee operated with the owner residing in California for most of the year. He plans to move permanently to So. Cal. after the sale.

The annual revenue is in the area of $1.2 million and profit in the area of $200,000. Sales in 2015 are up substantially as well.

This is a Stone Path Brokerage Services, Inc. DBA Selling Restaurants San Diego listing.
Broker of Record Rob Tade DRE License #01339409

Lease

Region:
Scottsdale Restaurants For Sale
Lease Term:
New Lease
Total Monthly Rent:
$5,525

Financials

Last Year's Annual Gross:
$1,300,000
Last Year's Owner's Cash Flow:
$210,000

Facilities

Inside Sq. Ft.:
5,000
Outside Sq. Ft.:
1000

Highlights

  • Super Business
  • Nice Growth
  • Profitable
  • Good Tax Returns For Review
  • Full Staffed
  • Primarily Absentee Operated
  • General Manager in PLace
  • Full Time Kitchen Staff

Financing

Will SBA Finance:
No
Will Seller Lend To Buyer:
No
This Listing is Sold

Demographics

Population 5-mi
2014 Total Population 0
Households 5-mi
2010 Number Of Households 0
2010 Persons Per Household
Median House Value $0
Income Per Household $0
Businesses 5-mi
2009 Number Of Businesses 0
2012 Number Of Employees 0
2012 Total Annual Payroll $0

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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