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Phoenix

  • Listing No.: 115-11049

  • Category: Food - Restaurant

Asking Price $129,000.00
Down Payment
Gross Revenue $600,000.00
Total Adjusted Net Income
Equipment / Fixtures $100,000.00
Year Established 2018
General Location Phoenix
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This is a great opportunity to own an established Kosher Mediterranean Style Restaurant with excellent food and Yelp reviews. Business is located on a busy intersection in North Phoenix area. This neighborhood gem is very well maintained, exceptionally clean, and has a solid reputation for food and service. In seven months since its inception in August 2018, it has been featured in three Phoenix publications: Phoenix Magazine as Best New Restaurant, Phoenix New Times, and Arizona Republic. This business is consistently generating approximately $50,000 in monthly revenue. The restaurant is fully operating and turnkey. The location would also be great for conversion if you want to introduce a new menu. The layout and design would accommodate any concept. The buildout, furniture, fixtures, and equipment alone are worth over $100,000. There is an adjacent hall for private parties with seating capacity of 80 people and separate from restaurant’s dining area. Dining area has seating capacity for 60 people. Also, there is space for outside seating in front of the restaurant. Serious buyers, please contact for more information.

Gross Revenue $600,000.00 Listed Price $129,000.00
Total Income Down Payment
Base Rent $3,300.00 Square Feet 3300
Total Rent $3,300.00 Lease Expiration 7/2021
Rent Deposit Lease Options 3yr
Inventory Not Included Leasehold Improvements
Equipment / Fixtures $100,000.00 Other Assets
Full-Time Employees 7 Training Period 4 weeks
Part-Time Employees Special License Required Food Handlers
Contract Staff Reason for Selling Other business interests

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.