Turnkey Sports Bar For Sale In Chandler–$1.4M Sales-Spacious Patio Chandler, AZ 85225
- Retail properties
- 4,146 SF
Current Use by Public Records
- Retail properties
Property Details for 0 Turnkey Sports Bar For Sale In Chandler–$1.4M Sales-Spacious Patio
- Year built
- 2018
- Property size
- 4,146 SF
- Property type
- Retail properties
- Property subtype
- Restaurants
Description
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.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Chandler
- County
- Maricopa
- State
- Arizona
- Longitude
- -111.821
- Latitude
- 33.3092