123 N XXXXXXXXXXXXXXXXXXX Street, Mesa, AZ 85205

$875,000
Property Type: Business Opportunity Square Footage: 1,800 Status: Closed
Current Price: $875,000 Last Modified: 12/31/2020

Overview

Description

More information to follow. Established restaurant business for sale. The restaurant remains open and is thriving in spite of COVID19 restrictions.

Listing Details MLS# 6108920

Location

Map Code/Grid
L31
House Number
123
Compass
N
Street Name
XXXXXXXXXXXXXXXXXXX
St Suffix
Street
City/Town Code
Mesa
State/Province
AZ
Zip Code
85205
Country
US
County Code
Maricopa
Assessor Number
000-00-000

General Property Description

Ttl Apx SqFt Bldg
1800
Uncvrd Parking Spcs
20

Status Change Info

Off Market Date
2020-11-20
Under Contract Date
2020-11-20
Close of Escrow Date
2020-12-30

Sold Info

Loan Type
SBA
Loan Years
10
Payment Type
Fixed
Closing Cost Split
Normal - N
Buyer Concession $/%
$
Seller Concession $/%
$
Buyer Concession to Seller
0
Seller Concession to Buyer
0

Income & Expenses

Annual Gross Sales
0
Owners Draw Included
Yes
Annual Owners Salary
0
Annual Mngr Salary
0
Anl Int (Non-RelEst)
0
Annual Depreciation
0
Annual Fringes
0
Adjusted Net Income
0
Apx Value of Cash
0

More Information

Business Type

Food & Beverage
Yes

Pmt & Rate Info

Equity
850000
Down Payment %
0
Total Owed
0

Showing Notification Methods

Text
Yes
Email
Yes
Phone Call
Yes

Lockbox Type

None
Yes

Type of Lease

None
Yes

Form of Ownership

Limited Liability Co
Yes

Sale Price Includes

Goodwill
Yes
Equipment
Yes
Lease Value
Yes
Cvnt not to Compete
Yes

Lease Information

None
Yes

Hours of Operation

6 Days/Week
Yes

Business Age

3 - 5 Years
Yes

Heating

None
Yes

Current Ownership

3 - 5 Years
Yes

Cooling

None
Yes

Business Location

Corner Lot
Yes
Fixed Location
Yes
Commercial Strip
Yes

Training

2 Weeks
Yes

Expenses Include

Other
Yes

Business/Tenant Pays

None
Yes

Source of Fincl Data

Owner
Yes
Tax Return
Yes

Water Source

Other
Yes

Backup Information

Building Lease
Yes

Sewer

Other
Yes

NC-Covenant Dist

1 - 5 Miles
Yes

Parking Features

Free
Yes
Parking Lot
Yes

Electric

None
Yes

NC-Covenant Time Per

Other (See Remarks)
Yes

Gas

None
Yes

New Financing

Cash
Yes
SBA
Yes

Current Financing 1

Treat as Free & Clr
Yes

Current Financing 2

See Remarks
Yes

Current Financing 3

See Remarks
Yes

Reports/Disclosures

None
Yes

Environmental

None
Yes

Property Features

Business Type: Food & Beverage Form of Ownership: Limited Liability Co Sale Price Includes: Goodwill; Equipment; Lease Value; Cvnt not to Compete Lease Information: None Hours of Operation: 6 Days/Week Type of Lease: None Business Age: 3 - 5 Years Current Ownership: 3 - 5 Years Business Location: Corner Lot; Fixed Location; Commercial Strip Training: 2 Weeks Expenses Include: Other Source of Fincl Data: Owner; Tax Return Backup Information: Building Lease NC-Covenant Dist: 1 - 5 Miles NC-Covenant Time Per: Other (See Remarks) Parking Features: Free; Parking Lot Electric: None Gas: None Water Source: Other Sewer: Other Heating: None Cooling: None Showing Notification Methods: Text; Email; Phone Call Lockbox Type: None Current Financing 1: Treat as Free & Clr Current Financing 2: See Remarks Current Financing 3: See Remarks New Financing: Cash; SBA Environmental: None
IDX
Listing Office: Peak Realty Advisors
Last Updated: December - 31 - 2020
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