Prescott, AZ Full Service Restaurant For Sale

, Arizona 8 views 0 favorites

Financial Highlights
Asking Price
$325,000
Revenue
$925,000
Business Description

This is the opportunity to own a very well known restaurant which is located in a famous Northern Arizona city that tourists and locals love. This very successful restaurant has been in business for over twenty years and is a favorite restaurant that has a #12 liquor license. cool dining areas, patio and great views. Located in the downtown area that has lots of parking and food traffic. Serves breakfast lunch and dinner. Sales are just shy of $1,000,000. The dining areas and kitchen are approximately 2300 sf and the wonderful patio is estimated as 630 sf. The business portion is priced at $325,000. The real property can also be purchased for an additional $625,000. Should be able to do SBA 7A financing. Now in Escrow. Location: Yavapai County, Arizona Year Established: 2000 Number of Employees: 19 Facilities: Unique location. Facility has been remodeled and expanded in the last few years. All FF and E is reported to be in excellent condition. Market Outlook/ Competition: AAA market conditions with lots of friendly competition. Fabulous tourist and locals location in a downtown area. Fast growing part of Arizona. Bright future for the area and the restaurant. Growth & Expansion: Growing area of AZ so more business for the restaurant is highly probable. Can keep this concept or change to another. There is no room to expand on the present property but this or other concept can be a vehicle for expansion.

Business Details
Industry:
Restaurants & Food
Real Estate Included:
No
About the Seller
AU
Admin User
6498
Active Listings
New
Member Since

Listed: Apr 20, 2022

Updated: 9 hours ago

Views: 8

Favorites: 0