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Business For Sale Listing 141408

Reduced! Restaurant/Take Out

Status as of Nov-22-2008 at 06:02 PM: Off The Market

Business Summary

This is an incredible landmark restaurant which has been in business since 1993 in the same location and with the same owners. Customer base from nearby residential and industrial businesses. It's a high energy atmosphere open 7 days a week with a wide variety menu to include breakfast, lunch and dinner, seats 90. It is very profitable from loyal customers and referrals, no advertising was ever needed to keep up the heavy flow of business, says the seller. Very well kept with new roof, AC units, new dining tables and decor and other constant additions per seller.

Seller will also negotiate parking lot/land that seller owns and which generates income. Not included in sales price of business.

Inventory $25,000
Equipment & Fixtures $400,000
Leasehorld Improvements $400,000

2700 SQ FT Base Rent 4495 Total Rent 5495 Deposit $3000
Lease ends 5/08 with 1/5 option
Information provided by seller

Bank financing available.
Call immediately for more information.


Categories

Industry:
Location:
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Industry

Sector: Accommodation & Food Services
Industry: Restaurants

Location

Classification: United States // Southwest States // Arizona // Phoenix
Location: Phoenix, AZ

Financials

Sales: Between $1 Million And $2.5 Million   ($1,144,200)
Profits: Between $100 Thousand and $500 Thousand   ($420,000)
Profit Type: Not Disclosed
Fiscal Year: 2007
Asking Price: Between $500 Thousand and $1 Million   ($599,000)
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