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Cafe with Patio

Phoenix Metropolitan Area, Arizona (Maricopa County)

Retail - Restaurants | Retail - Other Eating & Drinking Places

Asking Price $120,000 Inventory $6,000** 
Gross Income $156,000 Real Estate  
Cash Flow $60,000 Year Established 2006
FF&E $50,000* Employees 0

* included in the asking price

** not included in the asking price

Located in a very well established Northeast Valley area. Near many businesses, schools and a large residential area. Kitchen is small but well equipped & efficient. Large dining area has seating for 40 but room for more along with the Patio that has seating for 16. At this time it is a Medeterranean Cafe. Seller purchased the business from a relative last year & has built the business since his purchase. He & his wife operate the business alone at this time. They are planning on moving out of the country & are motivated to sell.

Facilities: 1800 sq ft. Monthly rent $2,286. Lease expires 8/10 & has a 5 year option to renew. Lease deposit is $2,000. Located in a large shopping center with plenty of parking.

Growth/Expansion: Adding a Liquor License would increase revenues.

Financing: $75,000 down; Bal @ 5 yrs; $891.05 month; 7% interest

Support/Training: Seller will train for 1 week at no salary

Reason Selling: Moving

Business listed by

Sheryl Reese Edwards

480-636-8577


West USA Realty


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