Iconic Phoenix Restaurant and Bar – One-of-a-Kind!

Price: $2,000,000

Location: Phoenix Metro

Industry: Restaurant

Listing ID: 2083

Listing Description

With years of annual revenue north of $6M, this restaurant is legendary and historic while remaining highly relevant for decades. The business has a great central Maricopa County location with high visibility and plenty of parking. This landmark brand features a full bar and is famous for its classic chophouse menu, exceptional food, and timeless d├ęcor. A long-time favorite of the locals, the business community, and those celebrating special occasions – the building features an efficient, fully equipped kitchen, and a private, well curated dining room and bar area. A highly sought after #6 liquor license is in place. The reason for the sale is that owner wishes to retire after decades of work. Much more information is available for qualified buyers. All inquiries must sign NDA and provide proof of financial capability.

Annual Sales Revenue and SDE shown are for 2019. The restaurant has been open five days a week for dinner only since 2020 (Covid). All financial info to be provided to and verified by buyer.

 

Listing Details

Total Sales: $6,545,123

Cash Flow: $801,176

Reason For Sale:

Retirement