For Sale
$200,000

1417 Plaza WayFlagstaff, AZ 86001

Established Restaurant, Turnkey Opportunity

Overview

Added:
Dec 11, 2024
Days on market:
116
This exceptional Flagstaff quick-service restaurant presents a rare turnkey business opportunity. Located on S. Plaza Way, near Northern Arizona University and S. Milton Road, this 1,100 square foot space boasts high visibility and easy accessibility within a Safeway-anchored shopping center. Established in 1993, this well-managed business has a proven track record of success, operating for nearly 30 years with a takeout/delivery model. The asking price is $200,000, reflecting a price per square foot of $181.82. The property sits on a 17.78-acre lot and includes two buildings, one story each, with permitted HC zoning. The current lease is NNN with one year remaining, offering flexibility for a new lease to be negotiated. The sale includes all fixtures, furniture, and equipment (FF&E), the tradename, accounts, and inventory. Seller financing with a 50% down payment is a possibility. Financial statements, an asset list, and lease information are available upon request. This is a prime opportunity to acquire a well-established business in a high-demand location, with the potential to continue the existing successful model or create a new concept within the existing fully equipped space. The current occupancy rate is 90%. The cost of replicating this established business would significantly exceed the purchase price.

Highlights

  • Turnkey business opportunity with all assets included.
  • Flexible business model: continue existing operation or implement new concept.
  • Established Flagstaff restaurant, operating successfully since 1993.
  • New lease provides flexible lease terms.
  • Training and non-compete agreements are negotiable.
  • Includes all furniture, fixtures, and equipment (FF&E), tradename, accounts, and inventory.

Property Details for 1417 Plaza Way

Property type
Retail properties, Restaurants
Square Feet
1,100 SF
Year Built
1993
Buildings
2
Stories
1
Lot Size (sq. ft)
774,497 SF
Units
1

Location Insight

City
Flagstaff
County
Coconino
State
Arizona
Latitude
35.1878395
Longitude
-111.6642326
1417 Plaza Way, Flagstaff, Arizona

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1417 Plaza Way
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