Prescott, AZ 86301
MLS# 1062841
Status: Pending
2523 sqft
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.
Listing Office: HUB Commercial
Last Updated: May - 24 - 2024
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