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Fun Restaurant & Bar
(Food Related, Bakery & Restaurant)
Arizona, Coconino
| Seller Financing: |
Yes |
| Lender Pre-Qualified: |
No |
| Office ID: |
NAZ11343 |
Listing Details
| Listed Price: |
$399,000 |
| Down Payment: |
|
| Total Sales: |
$1,141,950 |
| OCF: |
$219,513 |
| Period Involved: |
11.5 Months 2011 |
| License Req: |
|
| FFE: |
$110,000 |
Included? Yes |
| Real Estate: |
|
Included? |
| Inventory: |
$25,000 |
Included? Yes |
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| Reason for Sale: |
Divorce |
| Training: |
30 days familiarization included in asking price. |
Operations
| Year Established: |
2001 |
| Last Acquired: |
2007 |
| Form of Ownership: |
LLC |
| Home Based: |
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| Relocatable: |
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| Type of Location: |
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| Absentee Owner: |
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| Employees: |
Full Time: 8 / Part Time: 20 |
| Managers: |
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| Hours: |
11A-10P Mon-Fri. Sat. 11A-1A Sun 11A-10P |
| Franchise: |
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Location
| Lease Expire: |
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| Option: |
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| Lease Security: |
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| Monthly Rent: |
$10,500 |
| Square Footage: |
3800 |
| Facilities: |
Month to month lease includes most utilities. Five year option. |
Summary
| Business Description: |
Fun restaurant and bar. This is a great restaurant with a great location and great food. Sales have been going up since present owner aquired the restaurant in 2008. Lease includes all utilities except for gas. Lots of opportunities to increase income (owner to explain). Owner will carry with 50% down for qualified buyer. For more information contact Dominic Femia at (928) 445-1144. |
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