$250K Owner Benefit $1.7M Sales - Award-Winning Mexican Restaurants Phoenix, AZ 85020
- Retail properties
- 3,716 SF
Current Use by Public Records
- Retail properties
Property Details for 0 $250K Owner Benefit $1.7M Sales - Award-Winning Mexican Restaurants
- Year built
- 2012
- Property size
- 3,716 SF
- Property type
- Retail properties
- Property subtype
- Restaurants
Description
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.
Value Estimation
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Location Insight
- Map
- Local Demand
- City
- Phoenix
- County
- Maricopa
- State
- Arizona
- Longitude
- -112.06
- Latitude
- 33.5637
