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Price Dropped Almost In Half - Owner MOTIVATED

Mesa, AZ
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Asking Price:$350,000
Gross Revenue:$677,515
Established Year:2019
Cash Flow:$299,051
Rent:$1,500/Month
Listing ID: 2257698Listing provided by BizBuySell
BUSINESS DESCRIPTION

Highly Profitable Detroit-Style Soul Food Restaurant for Sale Near Downtown Mesa! Owner Earnings of $300,000 on the books!
With an impressive $300,000 in owner benefit, this once in a lifetime Restaurant for Sale opportunity is both lucrative and rewarding. This neighborhood favorite boasts over 500 stelar reviews on both Yelp and Google.
This Detroit-Style Soul Food Restaurant for Sale presented by We Sell Restaurants is positioned in a high-traffic area. The nearby ASU MIX Center contributes to a vibrant and youthful customer base, with students, faculty, and visitors eager to experience unique culinary offerings.
Experience the booming Mesa restaurant scene with this highly profitable Detroit-style Soul Food Restaurant for Sale near downtown. Downtown Mesa's restaurant scene is in the midst of a revitalization, with new establishments opening and positive economic trends pointing towards continued growth.
Seize this opportunity to be part of Mesa's dynamic and expanding food scene, offering delicious soul food in a prime location that promises continued growth and success. This Restaurant for Sale's prime location ensures a steady stream of customers, while the positive economic trends and continuous influx of new residents and visitors promise a bright future for any business.
The economic trends in downtown Mesa are highly favorable, with ongoing development projects and a growing population driving demand for quality dining options. The revitalized restaurant scene is drawing attention from food enthusiasts and investors alike, making this an ideal time to invest in this neighborhood favorite Restaurant for Sale.
By owning a highly profitable Detroit-style soul food Restaurant for Sale in this thriving area, you'll be part of Mesa's exciting culinary renaissance and have the opportunity to serve a diverse and appreciative clientele. Join the thriving business community and make your mark with this incredible opportunity, serving up beloved Detroit-style Soul Food in one of Mesa's most promising areas.
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DETAILED INFORMATION
Location
Mesa, AZ
Inventory
Not Included in asking price
Real Estate
Leased
Building SF
1,100
Lease Expiration
31/05/2029
Employees
5
Facilities
1 ? 64? x 18? Stainless pass-through window with 60? ticket holder 1 ? Nemco dual lamp heat lamp 1 ? Hamilton Beach microwave 1 ? Ice and water dispenser 1 ? Coca-Cola fountain soda dispenser with ice bin 1 ? 30? x 36? Stainless prep table with undershelf 1 ? 18? x 30? Stainless prep table with undershelf 1 ? 30? x 48? Stainless prep table with undershelf 1 ? 24? x 7? Stainless counter with undershelf 1 ? Servewell 6? steamtable with 5 wells 1 ? 28? x 34? Falcon refrigerated make table 1 ? 9? stainless hood with Ansul System with 4 sprinkler heads 2 ? 35# Pitco deep fryers 1 ? 75# Thermatek deep fryer 1 ? CAL-12C Calculagraph kitchen timer with 12 distinct timers 1 ? Ninja blender 1 ? Hand sink 1 ? 90? Stainless 3 compartment dish sink with 2 sideboards 1 ? 24? x 38? 2 compartment prep sink 1 ? Toast POS system with cash drawer 1 ? Star kitchen printer 1 ? Technicolor security system with 6 cameras 1 ? 20? x 30? chest freezer 1 ? 28? x 60? chest freezer 1 ? AO Smith 100-gallon gas water heater 1 ? 32? x 54? x 80? Falcon 2-door reach-in freezer 1 ? 34? x 52? x 83? 2-door reach-in freezer 1 ? 30? x 45? Falcon reach-in refrigerator with stainless prep surface 1 ? 30? x 36? Custom gas stove/oven with 2 burners, 20? x 24? griddle, and 2 shelf oven 1 ? 7? x 9? Walk-in refrigerator 1 ? 36? TCL Roku TV 1 ? 55? TCL Roku TV 3 ? 43? TCL Roku TVs used as menu boards 1 ? 28? x 90? 3 door refrigerated display counter 1 ? Tripple, 4-gallon bowl, refrigerated beverage dispenser 1 ? 14? x 16? Ava conveyor bread toaster 1 ? Miroil portable oil filter 1 ? Bathroom toilet, sink, and paper towel dispenser 1 ? 24? x 24? mop sink 1 ? Rolling mop bucket 1 ? 6? fiberglass ladder 1 ? 8? fiberglass ladder 1 ? 20? x 60? aluminum dunnage rack 1 ? 18? x 48? x 75? stainless wire shelfs with 6 shelfs 1 ? 18? x 36? x 72? stainless wire shelfs with 6 shelfs 1 ? 18? x 48? x 72? stainless wire shelfs with 6 shelfs 1 ? 18? x 48? x 72? stainless wire shelfs with 6 shelfs 1 ? 18? x 42? x 72? stainless wire shelfs with 3 shelfs 2 ? 18? x 46? x 72? stainless wire shelfs with 4 shelfs 2 ? 18? x 48? x 38? stainless wire shelfs with 3 shelfs 1 ? 20? x 38? x 55? stainless wire shelfs with 2 shelfs 4 ? 18? x 48? stainless wall mounted wire shelfs 1 ? 18? x 36? stainless wall mounted wire shelfs 2 ? 16? x 30? wall mounted wire shelfs 1 ? 18? x 30? 2 shelf push cart 2 ? 12? x 48? wall mounted wire shelfs 1 ? 24? x 30? grey dining room table 2 - 24? x 30? wood dining room tables 1 ? 24? x 30? aluminum patio table 1 ? 30? round dining room table 12 ? padded dining room chairs
Competition
Detroit Style Soul Food is a one of a kind restaurant with virtually no competition. It is a neighborhood favorite with over 550 stellar reviews. This Detroit Style Soul Food restaurant is a must visit destination for several NBA players, both local and visiting.
Growth & Expansion
Less than a mile away from Downtown Mesa and Arizona State University's new Media and Immersive Experience (MIX) Center. MIX is home to ASU Art Museum, ASU FIDM, The Design School, The Sidney Poitier New American Film School and the Schools of Art; Arts, Media and Engineering; and Music, Dance and Theatre. There are currently 900 student residence units being built to support the student growth for this campus. Downtown Mesa continues to undergo revitalization with a very vibrant restaurant and entertainment scene.
Support & Training
2 Weeks
Reason for Selling
New Career
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Tim Martin
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