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MAJOR SPORTS BAR AND RESTAURANT IN PHOENIX AREA

$950,000
MAJOR SPORTS BAR AND RESTAURANT IN PHOENIX AREA
This Listing is Expired

MAJOR BRAND: This Sports Bar and Restaurant is well known in the area and has a reputation for great services as well as great times. It is a well operated machine producing an EBITDA of nearly $400,000 in 2012.  

There is an assumable SBA loan that's north of $770,000 for a qualified buyer. 

This is a very private listing and all buyers must be pre-qualified, provide personal financials and sign the Owner's Confidential Agreement before name, location and financials are provide.  

This is a Paramount Restaurant Brokers, Inc. Listing

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

Lease

Region:
Tempe Restaurants For Sale
Scottsdale Restaurants For Sale
Phoenix Restaurants For Sale
Goodyear Restaurants For Sale
Lease Term:
Assignment of Current or New Lease
Total Monthly Rent:
$33,500

Financials

Last Year's Annual Gross:
$2,900,000
Last Year's Owner's Cash Flow:
$400,000
EBITDA:
$400,000

Operations

Liquor License:
12
# of Full-Time Employees:
50
# of Part-Time Employees:
15
Hours Open:
Daily 11am - 2am
Year Established:
2008
Hood System Type 1:
Yes

Facilities

Inside Sq. Ft.:
9,400
Outside Sq. Ft.:
1500

Highlights

  • Hot Sports Bar
  • Good History
  • Solid tax Returns with Solid Earnings Record
  • Assumable SBA Loan $775,000
  • Opportunity to Reduce Rent to Increase EBITDA
  • Professionally Managed
  • Own's Rights to All Arizona for this Brand
  • About a $3 million Buildout!

Financing

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

Demographics

Population 5-mi
2014 Total Population 0
Households 5-mi
2010 Number Of Households 0
2010 Persons Per Household
Median House Value $0
Income Per Household $0
Businesses 5-mi
2009 Number Of Businesses 0
2012 Number Of Employees 0
2012 Total Annual Payroll $0

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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