0 Stunningly Gorgeous Restaurant And Bar For Sale In Phoenix!Phoenix, AZ 85012

Property Details for 0 Stunningly Gorgeous Restaurant And Bar For Sale In Phoenix!

Year built

2023

Property size (Sq ft)

3,000 SF

Property type

Retail properties

Property subtype

Restaurants

Description

This stunning, 3,000 square-foot restaurant and bar, built in 2023, is located in a prime Phoenix, Arizona (zip code 85012) location. Boasting a high-end design, it features a full kitchen, main bar area with booths and tables, a separate speakeasy lounge with mid-century modern design, and a beautifully landscaped patio. The property includes all furniture, fixtures, and equipment. The current lease, at a rate of $10,975 per month, expires in April 2028, with a five-year option to renew until 2033. The business generated $1,207,388 in gross revenue and currently employs six people. Two weeks of support will be provided to the new owner for a smooth transition. The seller is motivated by other opportunities. This turn-key operation offers immediate occupancy and significant growth potential in a thriving area of Phoenix, with excellent visibility and ample parking. The restaurant's design is luxurious yet approachable, creating a welcoming atmosphere for a diverse clientele. The connected speakeasy provides a unique opportunity to expand offerings and cater to a wider market. This is a rare opportunity to acquire a fully operational, high-end establishment with a proven track record and significant upside.

Location Insight

City

Phoenix

County

Maricopa

State

Arizona

Latitude

33.5114

Longitude

-112.069

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