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Price Reduced! Restaurant and Bar for Sale on Rosevelt Row, Phoenix

Phoenix, AZ
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Asking Price:$225,000
Rent:$8,500/Month
Gross Revenue:$813,852
Established Year:2
Listing ID: 2268676Listing provided by BizBuySell
BUSINESS DESCRIPTION

Price Reduced to $225000! Discover a gem in the heart of Roosevelt Row, one of the most vibrant and artistic districts in downtown Phoenix. Restaurant and Bar for Sale in Phoenix is ready to go for a new owner!
This beautifully decorated Restaurant and Bar for Sale , with no expense spared in its full buildout, offers an unparalleled dining experience. The kitchen is state-of-the-art, and the dining room exudes energy and excitement, ensuring guests are wowed from the moment they step in. Equipped with two walk-in refrigerators and a walk-in freezer, combined with over 20' of ovenhoods, the restaurant is perfectly designed to handle high-volume service with ease. Beer enthusiasts will be delighted by the 16 different beers on tap, making it a popular spot for locals and visitors alike.
The location of this Restaurant and Bar for Sale is unbeatable, nestled beneath a high-rise apartment complex and adjacent to another massive one under construction. This prime position promises a steady flow of potential customers, drawn not only from these residential hubs but also from the bustling downtown activities. Imagine the influx of patrons during Phoenix Suns games, Arizona Diamondbacks games, shows at the Herberger Theater, and the numerous concert venues nearby. The restaurant's proximity to these attractions ensures a constant stream of diners eager for a pre- or post-event meal. Contact We Sell Restaurants for this rare opportunity in this location!
Currently open only five days a week, this Restaurant and Bar for Sale holds tremendous growth potential. Expanding operations to seven days could significantly boost revenue, tapping into the vibrant downtown crowd all week long. The anticipated growth in downtown Phoenix, with its continual development and increasing population, further enhances this opportunity, promising an even larger customer base in the near future.
With the downtown Phoenix area expected to flourish even more in the coming years, this beautifully built-out restaurant on Roosevelt Row is not just a place to dine but an incredible business opportunity waiting to be seized. Don't miss your chance to own a piece of the downtown Phoenix dining scene and watch it grow along with the city's exciting future.
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DETAILED INFORMATION
Location
Phoenix, AZ
Inventory
Not Included in asking price
Real Estate
Leased
Building SF
3,100
Lease Expiration
31/07/2028
Employees
8
Facilities
? 5 ? Hand Sinks ? 1 ? 24? X 24? Dish Draining Rack ? 2 ? 30? X 30? 2 Shelf Stainless Steele Prep Table ? 1 ? 42? X 20? Stainless Steele Ice Well ? 1 ? 4? X 24? Speed Rail ? 1 ? 4? X 30? Speed Rail ? 1 ? Toast POS Terminal w/Cashdrawer and 7 Handheld Units ? 2 ? Epson Receipt Printers ? 1 ? Cisco VOIP Telephone ? 1 ? 69? Custom Draft Beer Dispensing Tower With 16 Taps ? 1 ? Glycol Beer Cooling System ? 3 ? 12? X 42? Glass Racks ? 1 ? 28? X 90? Avantco Reach In Display Cooler With 3 Glass Doors ? 1 ? 65? Samsung TV ? 4 ? 60? Samsung TVs ? 1 ? 24? X 24? 2 Shelf Stainless Steele Prep Table ? 1 ? Custom Wrap-Around Bar 16? X 5? X 5.5? ? 4 ? 30? X 48? Wooden Dining Tables ? 1 ? 30? X 24? Wooden Dining Table ? 1 ? 24? X 24? Wooden Dining Table ? 8 ? 36? X 36? Wooden Dining Tables ? 2 ? 30? X 72? High-top Wooden Dining Tables ? 1 ? 24? X 24? High-top Wooden Dining Table ? 1 ? 30? X 8? Wooden Picnic Table ? 1 ? 22? X 16? Bar Height Wooden Table ? 1 ? 17? X 14.5? Bar Height Wooden Table ? 1 ? 17? X 9? Wooden Bench ? 4 ? Wooden Highchairs ? 13 ? Metal High-top Chairs ? 49 ? Metal Dinning Chairs ? 26 ? Bar Stools ? 1 ? 13.5? Custom Booth ? 1 ? 21.5? Custom Booth ? 1 ? 16? X 9? Floating Soffit With Lights ? 1 ? 36? X 60? Wooden Pushcart Used As Hostess Stand ? 2 ? 4? X 8? Wall-mounted and Framed Chalkboards ? 1 ? 3? X 8? Backlit Marquis ? 1 ? 7.5? Built-in Wooden Shelving Unit With 5 Shelfs ? 1 ? 5? Can Sign With ?Cheers? ? 1 ? Men?s Room With Urinal, Toilet and Two Sinks ? 1 ? Women?s Room With 2 Stalls and Two Sinks ? 1 ? Cox Security System With 8 Cameras ? 1 ? Coke Fountain Dispenser ? 1 ? 7? X 12? Walk-in Beer Cooler ? 1 ? 6? X 9.5? Walk-in Cooler ? 1 ? 4.5? X 6? Walk-in Freezer ? 1 ? Double Deck Full Size Bakery Blodgett Oven ? 1 ? 5? X 2? Stainless Steele Prep Table With Undershelf ? 1 ? 30? X 30? Stainless Steele Prep Table Undershelf ? 1 ? 6? X 30? Stainless Steele Prep Sink With Side Board and Under Shelf ? 1 ? 24? X 30? X 5.5? Tall Bread Rack With 10 Shelves ? 3 ? 18? X 48? X 7.5? Tall Stainless Wire Shelfs ? 5 ? 18? X 48? X 6? Tall Stainless Wire Shelfs ? 2 ? 18? X 72? X 6? Tall Stainless Wire Shelfs ? 1 ? 18? X 36? X 6? Tall Stainless Wire Shelfs ? 1 ? 20? X 5? Floating Stainless Wire Shelf ? 1 ? 18? X 5? Floating Stainless Wire Shelf ? 3 ? 18? X 4? Floating Stainless Wire Shelf ? 1 ? Vitamix Blender ? 1 ? Robot Coupe MP 450 Immersion Blender ? 4 ? 35# Frymaster Fryers ? 1 ? Taylor Auto-press Grill With 3 Arms. Capable of Cooking 24 Burgers At A Time ? 2 ? Imperial Salamanders 18? X 3? ? 1 ? 6 Burner Stove ? 1 ? 28? Avantco Griddle ? 1 ? 11? Oven Hood With 5 Ansul Nozzles ? 1 ? 9? Oven Hood with 6 Ansul Nozzles ? Under Counter Glass Drying Rack ? 1 ? 4? X 28? Avantco Charbroiler ? 1 ? 4 Drawer Refrigeration Under Cabinet ? 1 ? 30? X 36? Stainless Steel Rolling Shelves ? 1 ? 6? X 32? Everest Refrigerated Prep Table With 2 Doors ? 1 ? 6? X 32? True Refrigerated Prep Table With 2 Doors ? 1 ? 5? X 34? Avantco Refrigerated Prep Table With 2 Doors ? 1 ? 30? X32? Top Loading Freezer ? 1 ? 15? X 18? Two Tier Stainless Steele Expo Window ? 1 ? 30? X 48? Dish Table ? 1 ? 26? X 8.5? Stainless Steele Four Compartment Dish Sink ? 1 ? 15? X 5? Tilted Glass Drying Rack ? 1 ? 16? X 30? X 5? Tall Coke Box Rack ? 1 ? Manitowick 600# Ice Machine ? 1 ? 24? X 24? Mop Sink ? 1 ? 100 Gallon AO Smith Gas Water Heater ? 1 ? EcoLab Water Softener ? 1 ? Winco Steam Warmer ? 1 ? 2? X 4? Desk ? 1 ? 2? X 2? X 2? Media Cabinet ? 1 ? 2 Drawer Filing Cabinet ? 2 ? 34? X 54? Beer Rack ? 1 ? 34? X 6? Beer Rack ? 1 ? 24? X 3? Aluminum Dunnage Rack ? 1 ? 24? X 5? Aluminum Dunnage Rack ? 1 ? 24? X 3? Fiberglass Dunnage Rack
Competition
One of the most modern restaurants in the area with a beautiful build out.
Growth & Expansion
Major down town growth. Roosevelt Row Is only getting more popular and bringing tons of patrons to the area.
Support & Training
2 Weeks
Reason for Selling
Personal
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Tim
Martin
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Tim Martin
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