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Long Established Restaurant Bar with Strong Real Estate Value

RestaurantFor sale in Phoenix, ArizonaEst. 199438 employees
Long Established Restaurant  Bar with Strong Real Estate Value
Photos on request

$4,470,000

For Sale
Asking price, business + property
  • Real estate included

    The property comes with the business.

  • Training included

    The seller will help you get up to speed after closing.

  • Established 10+ years

    A track record buyers and lenders tend to trust.

About this business

Newly remodeled, long-established restaurant & bar in Southern Arizona's high-traffic area, featuring over 200 craft beers and multiple patios. A favorite for locals and visitors alike, with strong management and loyal customer base. Real estate appraised at $2,875,000 available for lease or purchase.

The numbers

How the asking price compares with what the business brings in each year.

  • Asking price$4,470,000
  • Annual Revenue$2,519,090
  • SDE$551,809
8.1×
Price to SDE
1.8×
Price to revenue
22%
SDE margin
Approx. Inventory Value
$15,500
Approximate FF&E
$200,000

Details

1994
Established · 32 yrs
38
Employees
Restaurant
Business type
Owned · sold separately
Premises

Financing & transition

Training after the sale
Included
Cost
Free

Property & lease

Premises
Owned
Included in Sale Price
No
Property Price
$2,875,000

Where it is · Phoenix, Arizona

Somewhere in Phoenix, Arizona. The exact address is not on this listing.

Somewhere in Phoenix, Arizona

Ad#:289

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