TURNKEY RESTAURANT - ROOSEVELT ROW, DOWNTOWN PHOENIX. Rare opportunity to take over a fully built-out, move-in-ready restaurant in Phoenix's premier arts & entertainment district. Over $300,000 invested in a complete 2025 build-out: new kitchen line, custom booths, folding doors, walk in freezer, indoor/outdoor dining furniture, A/V system, and a 275 SF misted patio. Site is pacing roughly $1.0M in annualized sales. Assignable lease (upon landlord consent) with two 5-year renewal options. BRING YOUR OWN CONCEPT OR JOIN THE CURRENT SUCCESSFUL FRANCHISE.
- Asking Price:
- $265,000 Furniture / Fixtures included
- Sales Revenue:
- $1,000,000
- Cash Flow:
- Not applicable
Property Information
- Real Estate:
-
Lease
- Lease Terms:
-
Lease ends 2033, Two 5-yr options
- Leasehold Rent:
-
$10,965 per annum
- Size in square feet:
- 1,882
Business Operation
- Years established:
- 2025
Other Information
- Support & training:
-
Negotiable
- Furniture / Fixtures value:
- $160,000 - included in the asking price
