0 Turnkey Sports Bar For Sale In Chandler–$1.4M Sales-Spacious Patio Chandler, AZ 85225
This turnkey sports bar in Chandler, Arizona, presents a unique investment opportunity. Boasting 4,146 square feet of interior space and a substantial outdoor patio, this established business generated over $1.4 million in sales last year. Built in 2018, the property features a fully equipped kitchen with modern appliances including multiple ovens, grills, fryers, and a pizza oven. The bar area is equally well-appointed, with multiple coolers, a margarita machine, a 24-tap glycol system, and ample storage. The extensive equipment list also includes two pool tables, a projector with a 150-inch screen, and numerous flat-screen TVs throughout the interior and expansive patio. The patio itself is enhanced by a misting system and wrap-around ceiling heaters, maximizing its usability year-round. The comfortable seating arrangement includes booths, high-top and low-top tables, and ample outdoor seating. The current lease, expiring September 15, 2028, with a five-year option, offers long-term stability at a monthly rent of $12,500, inclusive of CAMs. The business employs 21 people and is located in a high-traffic area of Chandler, ensuring consistent customer flow. While financials are unavailable due to a turnaround situation, the strong historical revenue demonstrates significant potential for growth under new ownership. This is an exceptional opportunity for a hands-on owner-operator to capitalize on an existing customer base and enhance operations. The property is not eligible for traditional SBA lending, but alternative financing options are available. The asking price is $299,000.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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Property description
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