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#4765
Scottsdale

Scottsdale Restaurant w/Bar, Full Liquor and Patio

$60,000
Sold
Scottsdale Restaurant w/Bar, Full Liquor and Patio
This Listing is Sold

Located in North Scottsdale, this restaurant has operated since 2008 with the current owner taking over in 2013.  A death in the family has forced the sale. 

2015 Sales were $280,000 according the owner. The Buyer should validate this fact as the owner wishes to keep her books and records private and between her and a buyer. 

This restaurant has a few great features. First the covered outside patio facing south is gated and perfect for serving drinks in this great Arizona weather. Second there is a nice bar screaming to become the focal point of this restaurant with the right designer and facelift.  Finally, the kitchen is perfect for many possible concepts with a nice hood system as well as good equipment.  

The restaurant has about 1,920 Sq. Ft. inside that seats about 36+ people and a 200 Sq. Ft. patio area that seats about 12 people. The outside patio is fenced to allow for liquor consumption. 

You can get more information about this restaurant and many others in Scottsdale at SellingRestaurants.com. 

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

Lease

Region:
Scottsdale
Lease Term:
New Lease
Total Monthly Rent:
$2,600

Financials

Last Year's Annual Gross:
$280,000

Operations

Liquor License:
12
# of Part-Time Employees:
5
# of Working Owners:
5
Year Established:
2013
Hood System Type 1:
Yes

Facilities

Indoor Seating:
36
Outdoor Seating:
12
# of Parking Spots:
plenty shopping center
Inside Sq. Ft.:
1920
Outside Sq. Ft.:
200

Highlights

  • Nice North Scottsdale Neighborhood
  • Liquor Served
  • Nice Covered Patio
  • Bar Area
  • Very Clean Restaurant & Kitchen
  • Good Growth Op.
  • Low Rent for North Scottsdale
  • Seats 36 inside + 12 Outside
  • New Lease For Buyer

Financing

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

Demographics

Population 1-mi. 3-mi. 5-mi
2014 Total Population 17,770 84,286 171,202
Households 1-mi. 3-mi. 5-mi
2010 Number Of Households 8,178 38,060 73,978
2010 Persons Per Household 1.94 1.93 2.07
Median House Value $250,200 $297,100 $354,051
Income Per Household $59,358 $58,571 $60,036
Businesses 1-mi. 3-mi. 5-mi
2009 Number Of Businesses 607 4,297 7,089
2012 Number Of Employees 14,828 123,292 198,560
2012 Total Annual Payroll $368,058,000 $2,956,469,000 $4,294,967,295

click for more demographic info

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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