Listing #: 115-10883
Category: Food/Restaurant
  • Listed Price $ 120,000
  • Down Payment $ 0
  • Gross Sales $ 500,000
  • Total Income $ 0
  • Equipment/Fixtures$ 0
  • General Location Suprise
For more information contact:
Kim Shuck
Office: (480) 582-1302
Cell: (602) 620-1404
Office Website

Northwest Valley Restaurant with #12 Liquor License

Located in a gated community of over 1,300 homes, this full-service restaurant is considered an amenity of the association. The restaurant has two dining-rooms that can accommodate big groups and a large pool side patio. They have an excellent reputation for great food and act as a meeting place for various community groups. They also provide service for community sponsored events, serving 150+ per event. For these events, the restaurant owners have access to an overflow kitchen and utilize the banquet room with seating for 250. Most of the events offer a cash bar. These events take place several times a week and are in addition to the normal patronage of the restaurant. The owners have negotiated a very attractive lease.

Financial Information

  • Gross Sales:$500,000
  • Total Income: $0
  • Listed Price:$120,000
  • Down Payment $0

Financing:

Assets & Lease Information

  • Inventory: $15,000
  • Leasehold Improvements: $
  • Equipment/ Fixtures: $0
  • Base Rent: $0
  • Total Rent: $0
  • Rent Deposit: $3,000
  • Year Established:
  • Square Feet: 3,500
  • Lease Ends: 8/2022
  • Lease Options:
  • Categories: Food/Restaurant
  • Other Assets:

Additional Information

  • Full-Time Employees:1
  • Part-Time Employees: 9
  • Contract Staff: 0
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  • Training Period: 2 Weeks
  • Special License Required: #12 Liquor
  • Reason for Selling: Health Reasons

First Choice Business Brokers

The information contained herein was received from the Seller and is deemed reliable but not guaranteed. First Choice Business Brokers (FCBB), has relied upon the Seller to provide the above details and has NOT verified this information. FCBB is not responsible for and does NOT warrant any statements, projections or any information provided by the Seller. The User/Buyer will be solely responsible for verification of the Seller's profits and business operation. By acceptance of this document, the Buyer/User agrees that all information contained herein is strictly confidential and will not be disclosed to any other party without prior written authorization. The Buyer/User confirms and understands that FCBB has NOT performed an independent investigation of the business or figures quoted herein.

FCBB strongly recommends that a Buyer should seek legal and accounting advice prior to purchasing a Business. Any change to the above information requires both the Seller's and FCBB's written approval. Any change made to this document without FCBB and Seller approval is not valid.