Near-turnkey restaurant & bar perfect for hosting weddings, birthdays, company events, and more! Located near a busy intersection in Mesa, Arizona. This restaurant is priced to sell at $75,000! Current owner has invested over $250k in renovations and upgrades to the restaurant after purchasing in December of 2019. Improvements include upgrading the equipment, bringing the space up to health code, redesigning the dining halls, and much more. Due to the Covid situation and personal circumstances the owner closed during the shut down and decided not to reopen. During the 5 weeks that the restaurant was open, seller had promising sales & success in booking events. Three events alone were enough to cover costs for over two months! Work the marketing and advertising for large events to capitalize on this opportunity.
The restaurant served Mexican cuisine with an American twist, but can service almost any concept. Concepts that would work well with this space include Chinese, Mediterranean, Italian, American, and more! The restaurant is 6,200 square feet. Contact agent for lease information. During its time of operation there were 6 full-time and 6 part-time employees staffed. They operated Tuesday - Sunday, 11am-9pm on weekdays and 9am-10pm on weekends. Operations will of course vary depending on concept. There is an ample amount of parking in the shopping center.
List of Equipment Available Upon Request!
Buyers will need to have a credit score over 700, enough cash available to cover the transaction, and significant experience in owning & operating restaurants to qualify!
|2014 Total Population||39,893||79,496||385,598|
|2010 Number Of Households||15,628||28,481||144,825|
|2010 Persons Per Household||2.38||2.56||2.46|
|Median House Value||$151,700||$136,311||$170,616|
|Income Per Household||$42,649||$39,913||$50,316|
|2009 Number Of Businesses||880||2,097||11,601|
|2012 Number Of Employees||29,150||69,106||478,778|
|2012 Total Annual Payroll||$526,727,000||$1,287,471,000||$4,294,967,295|
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