Published on: Thursday, June 27, 2024 1:19:15 PM
Updated on: Friday, October 18, 2024 1:09:19 PM
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About the Lister
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Name: Darien Degher
Company: COLDWELL BANKER COMMERCIAL NORTHLAND
Office Phone: 928-607-3749
Cell Phone: 928-607-3749
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Financing  Business  Material
  Manzanitas Restaurant
11425 East Cornville Road Cornville Arizona , 86325
11425 East Cornville Road Cornville Arizona                                                                                             , 86325COLDWELL BANKER COMMERCIAL NORTHLAND
Listing ID: BZ-Arizona-10790

Purchase Option

Acquisition Option: Traditional Purchase
Cap Rate (%): 7.181
Net Operating Income: $75,350
Commission Split (%): 0
Quick Glance
Listing ID: BZ-Arizona-10790
Status: Accepting Offers
Year Established: 0
Available for Sale: Yes
Owner Financing Available: No
Assets Or Equipment: Yes
Inventory Included In Price: Yes
Inventory Value: 0
Offered as Millionaire Club: No
Remaining Lease Years: 0
Net Operating Income: $75,350
No. of Options Available for Lease: 0
Years Available for the Lease: 0
Employee Count: 0
Training Duration: 0 Not Specified
Is Existing Franchise: Yes
Listing Summary
Introducing a premiere owner-user business and investment opportunity in the Verde Valley! This turnkey restaurant has been a landmark in the area since its inception decades ago, never straying from its award winning cuisine and near 5 star reviews. Attracting consumers from across the region, this 2,400 SF freestanding building is fully equipped and in a state of easy transition for the next savvy business owner to continue the same mouth-watering premise or to inject/create their own. The blue sky is as bright as a Sedona summer day, with opportunities to expand the number of days open, the hours, and even the perfected menu. With meticulous ownership, from the food preparation to the detailed financial statements, there is no better comfort knowing exactly what you will be inheriting as you strap on your apron and put your own spin on sustained delicacy. To add to the appetite, the property also features two affixed mobile home units fully leased. Both units are rented on a MTM bas
Complete Details
Year Established: 0
Training Duration: 0 Not Specified
Existing Franchise?: Yes
Training Required: No
No of Options Available for lease: 0
Remaining Lease Years: 0
Property Available for Sale?: Yes
Owner Financing Available?: No
Real Estate Included?: No
Total Employee: 0
Years Available for Lease: 0
Inventory: Yes
Inventory Value: 0.00
Inventory Price Included in Asking Price?: Yes
Assets or Equipment?:
Business Description
This turnkey restaurant has been a landmark in the area since its inception decades ago, never straying from its award winning cuisine and near 5 star reviews. Attracting consumers from across the region, this 2,400 SF freestanding building is fully equipped and in a state of easy transition for the next savvy business owner to continue the same mouth-watering premise or to inject/create their own. With meticulous ownership, from the food preparation to the detailed financial statements, there is no better comfort knowing exactly what you will be inheriting as you strap on your apron and put your own spin on sustained delicacy. To add to the appetite, the property also features two affixed mobile home units fully leased. Don't miss out on the chance to secure a profitable venture in this dynamic market.
Additional Properties
Property Highlights
  • Award-winning cuisine
  • Rentals under fair market rent
  • Located in a blossoming corridor, immediately southeast of Page Springs Road.
  • Business opportunity featuring a turn-key restaurant plus residential rental units on a .6 acre footprint.
Actual Cash Flow
Cash Flow Year Gross Income Effective GrossIncome Operating Expenses Net Operating Income Pre Tax Cash Flow Cap Rate
2024
$440,465
$0
$0
$75,350
$0
0%
Cash Flow for Current Listings
Listing Address
Listing Documents
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Listing ID: CL-Arizona-12514
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Listing ID: BZ-Arizona-12513
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Status: Active
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Modified On: 10/22/2024
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