This modern bistro and bar is an exceptional fit for a hands-on owner-operator looking to step into one of Scottsdale’s most coveted high-end shopping centers. Set within a premier Scottsdale trade area with consistent foot traffic from affluent shoppers, nearby neighborhoods, and destination retail, the restaurant offers an intimate dining room, lively bar, roll-up window doors, and a standout patio that lets you showcase your concept front and center. A below-market, long-term lease in this busy center gives an owner-operator valuable cost control in a submarket where rates continue to climb, preserving margin and upside as the Valley grows. The business is set up for a smooth transition, with established systems, trained front- and back-of-house staff, and clean financials and compliance, so a new operator can step in, work the floor, and focus on guest experience from day one. This is a confidential offering; detailed financials and exact center/location are available upon execution of a standard NDA. $395,000. #3335
- Asking Price:
- $250K - $500K
- Sales Revenue:
- Undisclosed
- Cash Flow:
- Undisclosed
Property Information
- Real Estate:
-
Lease
- Lease Terms:
-
$11,302 per month includes NNN
2 five year options
expires 7/31/2030
- Leasehold Rent:
-
11,302 month per annum
- Location:
-
Premier trade area
- Premises Details:
-
High end shopping center
- Size in square feet:
- 3,498
Business Operation
- Management type:
- This business has absentee ownership.
- Reasons for selling:
-
Other business interests
- Trading hours:
-
Mon-Wed 11a-9p, Thur & Fri 11a-10p, Sat 10a-10p, Sun 10a-9p
- Employees:
- 10FT/12PT
- Years established:
- 2021
Other Information
- Support & training:
-
2 weeks
