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#3940
Tempe Restaurants For Sale

Stand Alone Sports Bar, Club and Restaurant in AAA Chandler Location

$125,000
Stand Alone Sports Bar, Club and Restaurant in AAA Chandler Location
This Listing is Expired

Have you been looking for a sports bar and restaurant location in the Chandler area?  Then you must see this stand alone sports bar and restaurant located in a prime Chandler location!  This is a beautiful and nearly brand new buildout of a major restaurant and bar. No expense was spared here. 

This stand alone building is a turn key fully equipped operation.  There is a 30 tap beer system attached to a huge walk-in beer cooler (for keg and bottle storage).  The kitchen is well designed kitchen and made to service a large volume of guests.  There are also 18 new LED flat panel TV's and a stage with full sound and lighting system throughout the restaurant.  The restaurant has a nice big bar and a large comfortable dining area.  There is also a quaint outside patio located on the northeast side of the building.  

The bar area has an entertainment deck plus a dancing floor for live entertainment. 

There is a total of about 6,600 Sq. Ft including the outside patio. The base rent is $5,515 per month + NNN costs of about $6,000 a month. 

Weekly sales are running about $18,000 - $20,000. Buyer must verify. 

This is an absentee operated business and you can convert the businss or change the concept. This is an asset sale. Financials are available, but this business has been operating since March 2013.  It is showing a profit even with the heavy management staff on board. 

Revenue and Profits shown are annulized using Feb-Jun 2013 financial statements.

This is a Paramount Restaurant Brokers, inc. Listing. 

This is a Stone Path Brokerage Services, Inc. DBA Selling Restaurants San Diego listing.
Broker of Record Rob Tade DRE License #01339409

Lease

Region:
Tempe Restaurants For Sale
Lease Term:
Expires 2.28.2018 + 2 Five year Options
Total Monthly Rent:
$11,500

Financials

Last Year's Annual Gross:
$1,000,000
Last Year's Owner's Cash Flow:
$110,000

Operations

Liquor License:
12
# of Full-Time Employees:
22
# of Part-Time Employees:
14
Hours Open:
Sunday - Wednesday 11am - 11pm
Thursday 11am - mid-night
Friday-Saturday 11am - 2am
Year Established:
2013
Hood System Type 1:
Yes

Facilities

Indoor Seating:
158
Outdoor Seating:
21
# of Parking Spots:
100
Inside Sq. Ft.:
6,100
Outside Sq. Ft.:
500

Highlights

  • AAA Location
  • Stand Alone Building
  • North East Facing Patio
  • Large Bar Area with Entertainment
  • Band Stand
  • Large Dining Area
  • Beautiful Buildout of First Class Quality

Financing

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

Demographics

Population 3-mi. 5-mi
2014 Total Population 37,842 123,717
Households 3-mi. 5-mi
2010 Number Of Households 14,147 39,823
2010 Persons Per Household 2.11 2.65
Median House Value $266,400 $277,869
Income Per Household $68,291 $82,499
Businesses 3-mi. 5-mi
2009 Number Of Businesses 659 1,819
2012 Number Of Employees 32,950 58,526
2012 Total Annual Payroll $1,226,304,000 $1,688,378,000

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.


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