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Established Destination Restaurant W/prime Real Estate For Sale

Arizona, US
Asking Price:
$1,800,000 Furniture / Fixtures included
Sales Revenue:
$2,097,779
Cash Flow:
$157,047

This Established Destination restaurant for sale in Arizona serves fresh, scratch-made dishes from locally sourced ingredients. The business is located in a scenic area of Arizona with beautiful mountain views. The restaurant seats 150 between the indoor dining area and outdoor area with a fire pit. There is also a private event room which seats an additional 50 people and is often booked for corporate events or wedding rehearsal dinners. The restaurant serves lunch and dinner seven days a week, brunch on weekends and offers special event dinners during holidays or for other special occasions. The restaurant also does a thriving catering business.

Property Information

Real Estate:

Real Property Included

Premises Details:

The restauarant is over 5,000 square feet which includes indoor dining, outdoor patio with fire pit, and a separate private event room. The building has had recent upgrades including a new roof, and a newly paved parking lot.

Size in square feet:
5,000

Business Operation

Management type:
This business is owner operated.
Expansion Potential:

The business could see growth by offering specialty wine dinners with featured pairings, collaborations with local products, and pop-up events in the special event room like cooking classes by the chef. Catering services could also be better marketed and expanded.

Competition / Market:

This business stands out among competitors due to their attention to detail, both in the quality and consistency of their food as well as the outstanding level of service.

Reasons for selling:

Retirement.

Employees:
38
Years established:
Est. 2011

Other Information

Support & training:

Negotiable

Furniture / Fixtures value:
$450,000 - included in the asking price
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