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Closed Full Service Restaurant

Gilbert #5548

Below asset sale. Currently closed and owned by Landlord. Landlord will sell all of the furniture, fixtures, & equipment for $45,000 and will negotiate length of lease w/buyer. Previous rent was $4,350 per month. For the 1st year of the new lease, rent will be reduced to $3,350 per month. Full kitchen has state of the art hood w/ ansul system, also a walk cooler, walk-in freezer, fryers 6 burner stove w/oven, charbroiler, flat top grill, etc. Great location and great potential for growth at BELOW ASSET VALUE. This is a full service restaurant with a large patio that could be adapted to any concept except Mexican, as there is one next door.

Purchase Price  
Total Price: $45,000
Down Payment: $45,000
Balance: 0
Terms:
 
General Information  
Reason for Sale: Other Interest
Year Established: 2006
Lease Information
Square Feet: 1500
Monthly Rent: $4,350

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