Property summary
This exceptional Scottsdale restaurant and bar presents a lucrative turnkey opportunity. Boasting 2,800 square feet of space, including a vibrant patio, this established business generated $1,433,432 in gross revenue and $438,799 in cash flow in the past year. The asking price is $950,000, excluding inventory. The property is leased, with a monthly rent of $9,200, and a lease expiration date of April 30, 2029. The fully equipped kitchen includes a sushi bar, extensive bar equipment, and a walk-in refrigerator and freezer. The dining area comfortably seats 65 guests, and the patio features additional seating. Established in 2018, the restaurant employs eight people and benefits from a high-traffic location with over 50,000 cars passing daily. The sale includes valuable memorabilia. Two weeks of training and support are provided to ensure a smooth transition. This is an exceptional opportunity for an experienced restaurateur seeking a profitable, established business in a prime Scottsdale location. The seller is retiring, presenting a unique chance to acquire a well-regarded and successful establishment. The lease terms are for five years, ending in 2029.
Property profile
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Comparables
6 recent transactions · within 1.5 miComparable in this City
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Value estimation
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Property description
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