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#4555
Scottsdale Restaurants For Sale

Busy North Scottsdale Area Restaurant - 2015 PROFITABLE!

$145,000
Busy North Scottsdale Area Restaurant - 2015 PROFITABLE!
This Listing is Expired

This Cafe is situated next to one of the busiest areas in Scottsdale and was recently completely remodeled and shows well.  It is a quick serve concept with the kitchen in the dining area and the prep area in the back.  

There are 3,870 Sq. Ft. with an outside patio area. This business can grow if beer and wine is added to the menu to attract the evening business.  The restaurant average in the $1,000 a day area with lunches being the main driver, yet a restaurant next door is able to pull in the dinner crowd and do big numbers, so there is no reason why this location can't do the same thing. 

The profit in 2015 was about $62,000 after adjustments for remodeling costs. This restaurant is generally absentee operated. The owner also owns another two restaurants. 

The recipes are for sale, but you'll have to change the name. A slight change wil do!

The lease is great at only $3,870 a month includes NNN/CAM.  The owner doesn't have the time to manage three locations well enough. 

Take a look at the location, you won't be disappointed!  Please go to SellingRestaurants.com to get the name and address of this location as well as a video and photos. 

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

Lease

Region:
Scottsdale Restaurants For Sale
Lease Term:
Expires February 28, 2019 + 1 Five Year Option
Total Monthly Rent:
$3,870
Security Deposit:
$4,521

Financials

Last Year's Annual Gross:
$345,047
Last Year's Owner's Cash Flow:
$61,909

Operations

Liquor License:
none
# of Full-Time Employees:
3
Hours Open:
11-8pm daily
Year Established:
2015
Hood System Type 1:
Yes

Facilities

Indoor Seating:
42
Outdoor Seating:
12
# of Parking Spots:
plenty
Inside Sq. Ft.:
1,786
Outside Sq. Ft.:
500

Highlights

  • Great Scottsdale Location
  • Quick Serve Restaurant

Financing

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

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

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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