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Listed by:

Mike Darmo-American Realty Brokers

$175,000 NET Phoenix Bar And Restaurant For Sale

Phoenix, Arizona, US
Asking Price:
$300,000
Sales Revenue:
$1,080,000
Cash Flow:
$175,000

$175,000 Net Income | Absentee-Run Phoenix Bar & Restaurant

An established Phoenix bar and restaurant with decades of history, a strong reputation, and a loyal customer base. Located in a freestanding building along a busy Central Valley corridor near a highway, this turnkey business offers visibility, convenient access, and an established operation.

The approximately 2,500-square-foot space features a distinctive themed interior, a full bar, a spacious kitchen, multiple TVs, and ample indoor seating. The buildout is well maintained and ready for a new owner.

The current owner oversees the business without managing daily operations, offering an opportunity for a buyer seeking an absentee-run operation.

Highlights include:

  • Reported annual net income of $175,000
  • Monthly rent of $6,000, including CAM charges
  • Two years remaining on the lease, plus a fiveyear renewal option
  • Established clientele and a longstanding presence at the same location
  • Wellmaintained interior with a full kitchen and bar

Financial statements are available to qualified buyers following a signed NDA. Reported sales can be verified through the point-of-sale system during due diligence.

Contact us for additional information and to arrange a confidential showing.

Property Information

Real Estate:

Lease

Lease Terms:

2 year left and 5 years as an option at only $5,300 with all CAMS included for a total of 2,500 square feet.

Location:

Phoenix, AZ, Maricopa County.

Premises Details:

2,500 Square feet. Stand Alone Building.

Size in square feet:
2,500

Business Operation

Management type:
This business has absentee ownership.
Expansion Potential:

Tons of room for growth with a new owner to take it to the next level with more live events and online marketing.

Reasons for selling:

Retiring. Kindly ask the seller for more information.

Employees:
13

Other Information

Furniture / Fixtures value:
$85,000

Listed by

Mike Darmo-American Realty Brokers