0 Premium Restaurant & Bar For Sale $2.5M Sales-Turnkey Absentee OwnedPhoenix, AZ 85028

Property Details for 0 Premium Restaurant & Bar For Sale $2.5M Sales-Turnkey Absentee Owned

Year built

2017

Property size (Sq ft)

3,984 SF

Property type

Retail properties

Property subtype

Other retail properties

Description

Profitable Phoenix restaurant for sale; $349,000 asking price. Established in 2017, this 3,984 sq ft turnkey restaurant boasts over $2.5M in annual revenue and a strong owner benefit. Located in a high-traffic area of Phoenix, Arizona (zip code 85028), this fully staffed and equipped establishment offers a significant return on investment. The lease, at $25,565.71 per month (NNN), expires January 30, 2027, with two five-year options. The extensive equipment includes a wood-fired pizza oven, ample refrigeration, and a full bar setup. The interior features a spacious dining area, a dedicated bar, and a substantial patio with seating for outdoor dining. The current operating hours are Monday-Thursday 11 am-9 pm, Friday 11 am-10 pm, Saturday 10 am-10 pm, and Sunday 10 am-9 pm. The business employs 15 full-time and 23 part-time employees. The current owner's benefit is estimated between $150,000 and $244,000 annually. This presents a rare opportunity to acquire a thriving, established restaurant with significant growth potential in a prime location. The sale does not include inventory.

Location Insight

City

Phoenix

County

Maricopa

State

Arizona

Latitude

33.5726

Longitude

-112.012

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