Tempe Restaurants For Sale
Phoenix Restaurants For Sale
Mesa Restaurants For Sale
Near Turnkey Restaurant With Large Event Hall Priced To Sell!
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!
Broker of Record Rob Tade DRE License #01339409
Lease
Phoenix Restaurants For Sale
Mesa Restaurants For Sale
Operations
9am-10pm weekends
Currently closed
Facilities
Highlights
- Large Dining Hall
- Fine Dining
- Restaurant With Bar
- Great Kitchen
- Priced to Sell
- Event Hall
- Catering Events
- Buffet Hall
Financing
Demographics
| Population | 1-mi. | 3-mi. | 5-mi |
|---|---|---|---|
| 2014 Total Population | 39,893 | 79,496 | 385,598 |
| Households | 1-mi. | 3-mi. | 5-mi |
| 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 |
| Businesses | 1-mi. | 3-mi. | 5-mi |
| 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 |
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.