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XXXX W XXXXX Avenue W, Glendale, AZ 85306
Overview
Description
Supplements: ... (Read more) It offers hearty entrees perfect for lunch, dinner, family meals, or casual outings. Concept & Operations " Signature Experience: An open kitchen setup allows guests to witness the grilling process, creating an engaging and appetizing atmosphere. Customers consistently highlight the juicy, flavorful dishes, generous portions, and fresh, homemade quality. A side patio provides inviting outdoor seating, with management-approved plans ready for further enhancements. " Strong Customer Approval: Excellent reviews praise the tasty meals, friendly and attentive service, and welcoming environment. The restaurant appeals to both regulars and first-time visitors exploring Mediterranean cuisine. Significant room to grow exists through menu expansion, including fusion-style dishes, breakfast service, and seafood offerings. " Flexible Business Model: Supports robust dine-in, carryout, and DoorDash-style delivery (with potential for broader platforms). Additional revenue streams include a full catering menu option that can be developed. A bar with an existing liquor license is in place but not operating at full potential; simply adding a full-time bartender would unlock more evening and social business. This well-maintained operation provides an immediate opportunity for an experienced operator or enthusiastic entrepreneur to step in and continue building on its success in the thriving Phoenix-area dining scene. The concept is highly scalable through expanded catering, special events, or minor menu enhancements, while preserving its core charcoal-grilled identity. Ideal for buyers seeking a profitable, ready-to-run restaurant with established systems and strong community appeal. Inquiries are welcome for additional details, including financial performance, equipment inventory, lease terms, and a confidential tour. Serious buyers only. All information is based on publicly available sources. Prospective purchasers should perform their own due diligence.
Listing Details MLS# 7022525
Location
- House Number
- XXXX
- Compass
- W
- Street Name
- XXXXX
- St Suffix
- Avenue
- St Dir Sfx
- W
- City/Town Code
- Glendale
- State/Province
- AZ
- Zip Code
- 85306
- Country
- US
- County Code
- Maricopa
- Assessor Number
- 000-00-000
General Property Description
- Sold Price Per SqFt
- 479.58
- Ttl Apx SqFt Bldg
- 2400
- Uncvrd Parking Spcs
- 100
Business Details
- Year Established
- 2023
Showing Notification Methods
- Showing Service
- No Showing Service Used
More Information
Contact Info
- List Agent Home Phn
- 623-203-7424
Construction
- Brick
- Yes
- Stucco
- Yes
Income & Expenses
- # Full Time Employee
- 7
- # Part Time Employee
- 2
- Annual Gross Sales
- 800000
- 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
- Ap Val Frn,Fxt & Eqp
- 400000
Business Type
- Restaurant
- Yes
Pmt & Rate Info
- Equity
- 1250000
- Down Payment %
- 0
- Total Owed
- 0
Lockbox Type
- None
- Yes
Type of Lease
- NNN
- Yes
Form of Ownership
- Corporation
- Yes
Sale Price Includes
- Equipment
- Yes
- Inventory
- Yes
- Liquor License
- Yes
Lease Information
- 10+ Years
- Yes
Hours of Operation
- 6 Days/Week
- Yes
- 61+ Hours/Week
- Yes
Business Age
- 1 - 3 Years
- Yes
- 3 - 5 Years
- Yes
Heating
- Electric
- Yes
Current Ownership
- 1 - 3 Years
- Yes
- 3 - 5 Years
- Yes
Cooling
- Central Air
- Yes
Business Location
- Street/Highway Exposure
- Yes
- Corner Lot
- Yes
- Traffic Signal
- Yes
- Commercial Strip
- Yes
Training
- 1 Month
- Yes
Expenses Include
- Rent - Real Estate
- Yes
- Utilities
- Yes
- Insurance
- Yes
- Advertising
- Yes
- Accounting
- Yes
- Legal
- Yes
- Repairs
- Yes
- Telephone
- Yes
Business/Tenant Pays
- Electricity
- Yes
- Liability Insurance
- Yes
Exterior
- Corner Lot
- Yes
- Building Sign
- Yes
- Sidewalk(s)
- Yes
- Monument Sign
- Yes
- Security Light(s)
- Yes
- Security Camera(s)
- Yes
Source of Fincl Data
- Owner
- Yes
- Accountant
- Yes
- Bks Shwn W/Acpt Ofr
- Yes
Traffic Count
- 35,001 to 50,000
- Yes
- Unknown
- Yes
Water Source
- City Franchise
- Yes
Sewer
- Sewer - Public
- Yes
Parking Features
- Free
- Yes
- Parking Lot
- Yes
Electric
- APS
- Yes
Gas
- Other (See Remarks)
- Yes
Security Features
- Fire Sprinkler System
- Yes
- Security System
- Yes
New Financing
- Other (See Remarks)
- Yes
Current Financing 1
- Other
- Yes
Current Financing 2
- Other
- Yes
Current Financing 3
- See Remarks
- Yes
Reports/Disclosures
- None
- Yes
Environmental
- None
- Yes
Property Features