Long-established full-service restaurant located in a high-traffic historic downtown district on Arizona's Route 66 corridor. Decades in business and serving a very loyal local following plus steady interstate tourist traffic. Real estate is owned by the seller and available to lease to a qualified buyer at a very reasonable rate. Huge opportunities to grow for a new owner. Seller willing to stay on for an extended transition. Detailed report available upon signed NDA.
- Asking Price:
- $450,000 Furniture / Fixtures included
- Sales Revenue:
- $3,100,000
- Cash Flow:
- $175,000
Property Information
- Real Estate:
-
Lease
- Lease Terms:
-
Lease ends 09/2030
- Leasehold Rent:
-
$10,000 per annum
- Size in square feet:
- 5,874
Business Operation
- Reasons for selling:
-
Retirement
- Employees:
- 40 P/T
- Years established:
- 1996
Other Information
- Support & training:
-
Negotiable
- Furniture / Fixtures value:
- $150,000 - included in the asking price
