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000 Undisclosed Address

Prescott, AZ 86301
  • $215,000
  • STATUS: Active
  • ON SITE: 37 Days
  • MLS #: 1062841
UPDATED: 78 min ago
$215,000
  • 0
    BEDS
  • 8
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 2,523
    SQFT
  • $85
    $/SQFT
Type:
Business Opportunity
Built:
1980
County:
Area:

School Ratings & Info

Description

This long standing local favorite was opened in 2006 as a small yet popular burrito company. Over the years it has transformed into a full service restaurant and cantina. Long term staff and loyal regular customers make this a recipe for continued success. Under current ownership, net sales have increased over 200% in the last 3 years. Owner is absentee and the restaurant manager and assistant manager run the day to day business. Excellent Cash Flow, with opportunities to expand catering and capitalize on the cantina revenue. Owner has other interests out of the area but will train for 2 weeks. 2023 Revenue $569K. Cash flow with owner as operator $142K, absentee owner cash flow $93K. Priced for quick sale! SELLER MAY CARRY with 50% down.

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© 2024 Prescott Area Association of Realtors, Inc. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Platinum Living Realty. Data last updated: 2024-04-24T22:51:00.113.
www.homesinwickenburg.com/homes/148695914
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000 Undisclosed Address Prescott, AZ 86301

  • Price: $215,000
  • Status: Active
  • On Site: 37 Days
  • Updated: 78 min ago
  • MLS #: 1062841
0
Beds
0
Baths
0
½ Baths
8
Acres
2,523
SQFT
$85
$/SQFT
1980
Built
County:
Yavapai
Area:
Prescott
Property Description
This long standing local favorite was opened in 2006 as a small yet popular burrito company. Over the years it has transformed into a full service restaurant and cantina. Long term staff and loyal regular customers make this a recipe for continued success. Under current ownership, net sales have increased over 200% in the last 3 years. Owner is absentee and the restaurant manager and assistant manager run the day to day business. Excellent Cash Flow, with opportunities to expand catering and capitalize on the cantina revenue. Owner has other interests out of the area but will train for 2 weeks. 2023 Revenue $569K. Cash flow with owner as operator $142K, absentee owner cash flow $93K. Priced for quick sale! SELLER MAY CARRY with 50% down.
Exterior Features

Construction Materials BlockSteel Frame Exterior Features Handicap AccessParking Roof Rolled/Hot Mop

Interior Features

Cooling Evaporative Cooling Heating Forced Air Gas Interior Features KitchenSprinklers Split Bedroom Plan Yes

Property Features

Additional Parcels YN No Business Name Undisclosed Current Use Restaurant/Bar Inclusions EquipmentFixturesLeaseholdNon-CompeteTradenameTraining Property Sub Type Food/Beverage Reo Short Sale Not Applicable Tenant Pays CAMInsuranceRepairsTaxesAll Utilities Terms Conditions CashOther - See RemarksSBASubmit Utilities Service - 220vCable TV On-SiteElectricity On-SiteNatural Gas On-SiteWater - CityWWT - City Sewer Zoning BG

Listing information © 2024 Prescott Area Association of Realtors, Inc.
Listing provided by Sharon Mortensen of HUB Commercial: (928) 642-7984.


© 2024 Prescott Area Association of Realtors, Inc. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Platinum Living Realty. Data last updated: 2024-04-24T22:51:00.113.
 
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