Famous and Profitable Restaurant Gem

Price: $1,400,000

Location: Phoenix Metro

Industry: Restaurant

Listing ID: 2078

Listing Description

Well Known North Phoenix Area Big Time Restaurant

Priced at $1,400,000, this restaurant has a long history of popularity and business success. Open for lunch and dinner 7 days a week, this is a full-service restaurant with #12 liquor license. 7700 sf interior with multiple dining areas. Beautiful and large patios. There is seating for approximately 360 in the dining rooms, bar and patio areas. 40 employees make this restaurant work fabulously. 2021 sales were approaching $3,000,000 with SDE of approximately $450,000. 2022 looks like it will be even better than 2021. Seller is landlord and will offer lease that will be for five years with two five-year renewal options. Should be eligible for SBA 7A financing. All potential buyers will have to sign NDA and provide a personal financial statement and resume of restaurant experience. Fabulous restaurant business opportunity.

Listing Details

Total Sales: $3,000,000

Cash Flow: $450,000