Family Owned Cafe For Sale In Phoenix With $193K Owner Benefit! Phoenix, AZ 85012
- Retail properties
- 3,000 SF
Current Use by Public Records
- Retail properties
Property Details for 0 Family Owned Cafe For Sale In Phoenix With $193K Owner Benefit!
- Year built
- 1996
- Property size
- 3,000 SF
- Property type
- Retail properties
- Property subtype
- Restaurants
Description
This thriving Phoenix cafe, established in 1996, presents a unique turnkey opportunity for a new owner. Boasting 3,000 square feet of space in a leased location (lease expiring July 30, 2025, with a three-year option available), this well-established business generates nearly $200,000 in annual profit from breakfast and lunch service, supplemented by a robust catering operation. The asking price is $495,000, and the sale includes all existing equipment, which is extensive and well-maintained. Features include a 24-foot hood system, multiple stainless steel prep tables, ovens, grills, a walk-in refrigerator and freezer, ample seating, and point-of-sale systems. The cafe is situated in a high-visibility location within a professional building, attracting a loyal customer base from both residential and commercial areas. The current owners, retiring after 28 years, will provide two weeks of training and support to ensure a smooth transition. This is a rare chance to acquire a profitable, well-regarded business with significant growth potential, including the possibility of expanding hours and marketing to a wider customer base. The business employs nine people. The lease rate is $4,800 per month. Inventory is not included in the asking price. Seller financing is not available.
Value Estimation
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Phoenix
- County
- Maricopa
- State
- Arizona
- Longitude
- -112.069
- Latitude
- 33.5114
