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Listing View: Patio Restaurant - Tempe, Arizona


Patio Restaurant
Tempe, Arizona

Offered at:
$199,500

Office Listing #   1758
Revenue: $515,000 / year
Cash Flow: $75,000 / year
Lease Rent: $2,400 / month
Square Feet: 400

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 Listing Description

Outdoor restaurant/bar nestled among trees with a beautiful lakefront view from a spacious split-level patio. Many other features include island patio bar with a sound system, covered awnings, misters, fire pits and seating for approximately 60. The business offers Happy Hour every night from 4 to 7p, Holiday Brunch, Live Music every weekend, and free wireless internet connection. Located adjacent to a special events venue and surrounded by offices, residential, and retail areas. Restaurant has entertainment permit and exclusive patio use. This is a must see property. Ideal for an owner/operator couple or partnership. $199,500. #1758

General Information
Contact Information
Organization:   LLC
Year Established:   1990
Current Owner:   2006
# of Employees:   3FT/5PT
Seating:   60
Square Foot/Size:   400
Parking:   common
License(s) Required:   health & #12 Liquor license
Days Open/Hours:   7 days 11a-11p
Reason For Sale:   other business interests
     
Financial Information
Revenue:   $515,000 / year
Cash Flow:   $75,000 / year
Payroll:   Contact For Info
FF&E:   $45000
     
Lease Information
Lease Rent:   $2,400 / month
Lease Expiration:   9/30/2011
Lease Option:   1 five year
Security Deposit:   2000
     
Financing Information
All Cash:   199500
Listed by:   Reuel Couch
 The Restaurant Brokers
Email: Email Seller
Phone:  480-491-0123
Fax:  480-820-4459
Website:  www.therestaurantbrokers.com
Listings:  See All Listings by Broker
Profile:  View Broker Profile
      Confidential Statement: Download


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The information in this listing has been provided by the seller or broker stated in the contact section of the listing profile. As such, Business For Sale Exchange has no claim in the sale of this business and has not independently verified any of such information and assumes no responsibility for its accuracy or completeness.
 
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