Location: Prescott, AZ
Industry: Restaurant
Listing ID: 2082
Listing Description
This popular Prescott, AZ quick service BBQ restaurant opened in 2019 and still looks brand new. It is an attractive building with a large private parking lot, outdoor seating and a great street presence to attract customers. This restaurant ran at full speed until March of 2020, shut down for five weeks due to Covid 19 and then opened on a slightly restrictive basis. In spite of all this, the restaurant is turning admirable volumes and based on current results, when things get normal, it should have volumes at or over $1,000,000 with good cash flow too. There is still plenty of opportunity for an owner/operator that wants to expand days, hours and catering services to build sales substantially.
This is an extraordinarily attractive 2000 s.f. freestanding restaurant with high visibility on the largest and busiest main artery into this popular northern Arizona destination town. It has a #12 AZ liquor license which allows the on-premise sale of beer, wine and liquor. There are over 40 seats in the dining room and additional seating on the patio. Based on the first 12 months sale and cash flow, this business opportunity is very reasonably priced at $340,000. Seller financing available on the business with 50% down subject to seller’s approval. This prime Real Estate is also available for purchase.
Listing Details
Total Sales: $1,000,000