For Sale
$799,000

0 $250K Owner Benefit $1.7M Sales - Award-Winning Mexican RestaurantsPhoenix, AZ 85020

Phoenix/Scottsdale, High Sales

Overview

Added:
Dec 11, 2024
Days on market:
115
This exceptional offering includes two award-winning Mexican restaurants in prime Phoenix and Scottsdale locations. Boasting combined annual sales exceeding $1.7 million and an owner benefit surpassing $250,000, this turnkey operation presents a lucrative investment opportunity. The sale includes all equipment, including two food trucks (one recently renovated), a full liquor license, and extensive kitchen and dining room furnishings. Each restaurant features a distinct ambiance and loyal customer base, reflected in their combined 4.7-star average rating across over 1,300 reviews. The restaurants operate under a single brand and concept, offering significant potential for expansion or franchising. The current lease terms provide stability, with approximately five years remaining on the lease for one location and two years remaining on the other. Detailed equipment lists for both restaurants and food trucks are available upon request. The asking price is $799,000. Monthly rent is $2,659 for one location and $4,500 for the other. The combined indoor seating capacity is approximately 76 guests. The total square footage is 3,716. Built in 2012, the properties are well-maintained and ready for immediate operation. This is a rare opportunity to acquire a thriving, established business with significant growth potential. Financial statements are available to qualified buyers with proof of funds.

Highlights

  • Award-winning Mexican restaurant group for sale in Phoenix and Scottsdale, AZ. Asking price: $799,000.
  • Two restaurants and two food trucks included in the sale. Combined annual sales exceed $1.7 million, with owner benefit exceeding $250,000.
  • Leased properties totaling 3,716 square feet, built in 2012. Lease terms: 2 years remaining on a 5-year lease.
  • Extensive equipment included (see detailed equipment list in original listing). Liquor license included.
  • Strong online reputation with over 1,300 reviews averaging 4.7 stars.

Property Details for 0 $250K Owner Benefit $1.7M Sales - Award-Winning Mexican Restaurants

Property type
Retail properties, Restaurants
Square Feet
3,716 SF
Year Built
2012

Location Insight

City
Phoenix
County
Maricopa
State
Arizona
Latitude
33.5636878
Longitude
-112.0595603
$250K Owner Benefit $1.7M Sales - Award-Winning Mexican Restaurants, Phoenix, Arizona

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0 $250K Owner Benefit $1.7M Sales - Award-Winning Mexican Restaurants
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