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Turnkey Restaurant/Bar Prime Location - Over $1M Invested in Buildout
Tempe, AZ

Opportunity to own a fully equipped turnkey restaurant and bar in a prime location in Tempe, AZ. Restaurant has full equipped kitchen. This unique bar is known for its vibrant atmosphere and cutting-edge electronic music events. This venue offers a unique blend of dining, drinks, (sake and more) and nightlife, attracting a diverse crowd of music enthusiasts and food lovers. The club regularly hosts a variety of concerts and events, featuring renowned DJs and artists, making it a premier destination for nightlife in the area. This restaurant provides an immersive experience with top-notch sound and lighting systems, ensuring every event is memorable. 

 

Situated in a prime location with a large student population from Arizona State University. The ideal buyer would be a restaurant operator, entrepreneur, or investor. Seller open to partial seller finance. Contact us for more details!

Listing Number:

23477

Category:

Bar/Liquor

Location:

Tempe, AZ
$475,000

Financial Information:

Gross Revenue:

$3,400,000

Listed Price:

$475,000

Down Payment:

$0

Total Income:

$580,000

Year Established:

2022

Lease Information:

Square Feet:

9300

Total Rent:

$36,000

Lease Expiration:

12/2032

Lease Options:

2 options, 5 years each

Asset Information:

Leasehold Improvements:

$1,400,000

Equipment / Fixtures:

$650,000

Inventory:

$65,000

Other Assets:

N/A

Additional Information:

Full-Time Employees:

46

Part-Time Employees:

0

Special License Required:

Alcoholic Beverage License

Contract Staff:

0

Training Period:

2-4 weeks

Reason for Selling:

Seller is moving into a different industry

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First Choice Business Brokers

The information contained herein was received from the Seller and is deemed reliable but not guaranteed. First Choice Business Brokers (FCBB), has relied upon the Seller to provide the above details and has NOT verified this information. FCBB is not responsible for and does NOT warrant any statements, projections or any information provided by the Seller. The User/Buyer will be solely responsible for verification of the Seller's profits and business operation. By acceptance of this document, the Buyer/User agrees that all information contained herein is strictly confidential and will not be disclosed to any other party without prior written authorization. The Buyer/User confirms and understands that FCBB has NOT performed an independent investigation of the business or figures quoted herein.

FCBB strongly recommends that a Buyer should seek legal and accounting advice prior to purchasing a Business. Any change to the above information requires both the Seller's and FCBB's written approval. Any change made to this document without FCBB and Seller approval is not valid.

The information in this listing has been provided by the business seller or representative stated above. First Choice Business Broker has no stake in the sale of this business, has not independently verified any of the information about the business, and assumes no responsibility for its accuracy or completeness.


Read First Choice Business Broker, Terms of Use before responding to any ad.

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Drs. Leilani Felix-Acosta & Fernando Acosta
Office: (602) 675-4261 | Cell: (602) 422-4615
License #: SA691260000 / SA693611000

By clicking the button, you agree to First Choice Business Broker Terms of Use and Privacy Notice

brokerPhoto
Drs. Leilani Felix-Acosta & Fernando Acosta
Office: (602) 675-4261 | Cell: (602) 422-4615
License #: SA691260000 / SA693611000

By clicking the button, you agree to First Choice Business Broker  Terms of Use and Privacy Notice

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Turnkey Restaurant/Bar Prime Location - Over $1M Invested in Buildout
Tempe, AZ

Listing Number:

23477

Category:

Bar/Liquor

Location:

Tempe, AZ

Listed Price:

$475,000
brokerPhoto
Drs. Leilani Felix-Acosta & Fernando Acosta
Office: (602) 675-4261 | Cell: (602) 422-4615
License #: SA691260000 / SA693611000

Opportunity to own a fully equipped turnkey restaurant and bar in a prime location in Tempe, AZ. Restaurant has full equipped kitchen. This unique bar is known for its vibrant atmosphere and cutting-edge electronic music events. This venue offers a unique blend of dining, drinks, (sake and more) and nightlife, attracting a diverse crowd of music enthusiasts and food lovers. The club regularly hosts a variety of concerts and events, featuring renowned DJs and artists, making it a premier destination for nightlife in the area. This restaurant provides an immersive experience with top-notch sound and lighting systems, ensuring every event is memorable. 

 

Situated in a prime location with a large student population from Arizona State University. The ideal buyer would be a restaurant operator, entrepreneur, or investor. Seller open to partial seller finance. Contact us for more details!

Financial Information

Gross Revenue:

$3,400,000

Listed Price:

$475,000

Down Payment:

$0

Total Income:

$580,000

Year Established:

2022

Lease Information

Square Feet:

9300

Total Rent:

$36,000

Lease Expiration:

12/2032

Lease Options:

2 options, 5 years each

Asset Information

Leasehold Improvements:

$1,400,000

Equipment / Fixtures:

$650,000

Inventory:

$65,000

Other Assets:

N/A

Additional Information

Full-Time Employees:

0

Part-Time Employees:

0

Special License Required:

Alcoholic Beverage License

Contract Staff:

0

Training Period:

2-4 weeks

Reason for Selling:

Seller is moving into a different industry

First Choice Business Brokers

The information contained herein was received from the Seller and is deemed reliable but not guaranteed. First Choice Business Brokers (FCBB), has relied upon the Seller to provide the above details and has NOT verified this information. FCBB is not responsible for and does NOT warrant any statements, projections or any information provided by the Seller. The User/Buyer will be solely responsible for verification of the Seller's profits and business operation. By acceptance of this document, the Buyer/User agrees that all information contained herein is strictly confidential and will not be disclosed to any other party without prior written authorization. The Buyer/User confirms and understands that FCBB has NOT performed an independent investigation of the business or figures quoted herein.

FCBB strongly recommends that a Buyer should seek legal and accounting advice prior to purchasing a Business. Any change to the above information requires both the Seller's and FCBB's written approval. Any change made to this document without FCBB and Seller approval is not valid.

The information in this listing has been provided by the business seller or representative stated above. First Choice Business Broker has no stake in the sale of this business, has not independently verified any of the information about the business, and assumes no responsibility for its accuracy or completeness.


Read First Choice Business Broker,
Terms of Use before responding to any ad.

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