If you've been looking for a great location to start a casual wine bar business or a small sports bar and you want to get opened immediately without the delays of permits and approvals and at a fraction of the cost of starting from scratch, then you have to look at this business. This business is clean and comfortable in a high traffic location and could quickly become a local favorite with the right concept, marketing and team. There is lots of foot traffic not to mention plenty of surrounding restaurants and retail shops doing BIG numbers.
ABOUT THE BUSINESS: Located on Scottsdale Road, this bar features a recently finished interior that's fresh and clean along with a number 12 liquor license allowing you to serve beer, wine and spirits. The restaurant features a simple menu of salads, wraps and panini's and is staff with professional chefs and bar manager ready for you to take over. There is no hood system, but you can put on in if you want to expand the menu.
ABOUT THE LEASE: The lease is nearly new and expires in about 3 years with a 3 year option. The rent is unbelievable for the area with 1,400 interior Sq. Ft. and about 140 exterior Sq. Ft. and a total monthly rent of about $3,350 and yes, that includes CAM costs.
REASON FOR SELLING: The owner must sell due to an urgent matter forcing him to leave the country. This business has been open for only weeks.
EQUIPMENT LEASES: There are approximately $42,000 of equipment leases the buyer can assume or pay-off, but this amount is in addition to the purchase price.
This is a Paramount Restaurant Brokers, Inc. Listing, A California Corporation.
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