Selling Restaurant
See More
About Us
Contact Us
Search Selling Restaurants Listings
#5968
Scottsdale Restaurants For Sale
Phoenix Restaurants For Sale

Perfect Location - Asset Sale - Low Rent!

$100,000
Sold
Perfect Location - Asset Sale - Low Rent!
This Listing is Sold

You won't want to miss this asset sale. Enjoy a prime location with great visibility in one of Paradise Valley's busiest shopping centers, this restaurant is perfect for high-volume quick serve concepts! This location has a surprisingly low rent rate of $2.84 per square foot ALL-IN! For this location, that is an incredible rate. Take advantage of the thriving Paradise Valley market with this incredible opportunity. Well-equipped for virtually ANY quick serve concept, including: Indian, Mexican, American, & more! 

2nd-generation restaurants like this are hard to come by in this market. Why invest upwards of $300,000-$400,000 into building out an empty shell? With this asset sale, you can get a $300,000+ build-out for only $115,000! Not to mention, you have the opportunity to assign onto a lease with an incredible rate of $2.84 per square foot. Current owners purchased and built out this restaurant in 2018. The kitchen is very well-equipped and will work for almost any concept with little-to-no changes necessary. Plus, the equipment is just a few years old and is in excellent operating condition. You could have your restaurant up and running in less than a month!

The restaurant features 1,400 s/ft at a rent of $3,979 all-inclusive. Indoor seating accommodates 34 guests with outdoor seating allowing for 22 more guests. Current operating hours of this business are 11:00-2:30 pm & 5:30-9:00pm Tuesday through Sunday. Current owners have 1 full-time employee, 3 part-time employees, & 2 working owners.  The shopping center is very large and provides an ample amount of parking. 

Owners are looking to relocate to a larger space that better suits their concept. 

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
Phoenix Restaurants For Sale
Lease Term:
Expires July 31, 2023 + 2-year option
Total Monthly Rent:
$3,979

Operations

# of Full-Time Employees:
1
# of Part-Time Employees:
3
# of Working Owners:
2
Hours Open:
11-2:30pm 5:30-9:00pm
Year Established:
2018
Hood System Type 1:
Yes
Hood System Type 2:
Yes

Facilities

Indoor Seating:
34
Outdoor Seating:
22
# of Parking Spots:
Plenty
Inside Sq. Ft.:
1,400

Highlights

  • 2nd Generation Restaurant
  • Quick Serve
  • Asset Sale
  • Great Paradise Valley Location
  • Perfect For Any Quick Serve Concept
  • Indian Restaurant
  • Heavy Foot Traffic
  • Great Visibility
  • Ample Amount of Parking
  • $300,000+ Buildout

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 70,153 119,432 276,663
Households 1-mi. 3-mi. 5-mi
2010 Number Of Households 25,991 46,587 107,972
2010 Persons Per Household 2.49 2.38 2.37
Median House Value $156,100 $165,296 $215,816
Income Per Household $48,461 $47,199 $61,795
Businesses 1-mi. 3-mi. 5-mi
2009 Number Of Businesses 1,548 2,304 7,205
2012 Number Of Employees 34,598 48,204 164,786
2012 Total Annual Payroll $495,918,000 $699,805,000 $3,280,166,000

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.

Other Listings in the Area
  • Cash Cow - National Franchise - Huge Profits - SBA Loan
    #6082
    Cash Cow - National Franchise - Huge Profits - SBA Loan
    Lease:  
    Loc #1 2+ Years + 2x5 yr Options - Loc #2 3+ years + 2 5 Year Options
    Monthly Rent:  
    $5,986
    Annual Revenues:  
    $1,896,000
    Annual Adj. Net:  
    $331,906
    Square Feet:  
    2
    Available
    $650,000
    Down Payment
  • Money Making Major National Franchise For Sale
    #6127
    Money Making Major National Franchise For Sale
    Lease:  
    3+ years + 2 x 5 year Options
    Monthly Rent:  
    $5,986
    Annual Revenues:  
    $906,951
    Annual Adj. Net:  
    $166,749
    Square Feet:  
    2,625
    Available
    $325,000
    Down Payment
  • Cash Cow National Franchise SBA Approved
    #6128
    Cash Cow National Franchise SBA Approved
    Lease:  
    As of May 2022 - 2.5 Years Remain + 2 x 5 Year options
    Monthly Rent:  
    $6,592
    Annual Revenues:  
    $989,262
    Annual Adj. Net:  
    $168,364
    Square Feet:  
    2,600
    Available
    $325,000
    Down Payment
  • Profitable Thai and Sushi Business in North Scottsdale
    #6230
    Profitable Thai and Sushi Business in North Scottsdale
    Lease:  
    Expired Dec 31, 2023 + 5 Year Option
    Monthly Rent:  
    $2,300
    Annual Revenues:  
    $713,807
    Square Feet:  
    2,028
    Available
    $250,000
    Down Payment

Terms Of Use     © 2022 Powered by BBMT Inc.