$395,000
MLS# 1035514
Status: Closed
1381 sqft
1 / 18
Property Description
Introducing this Extraordinary Opportunity to own this turnkey ''Sweet Shop'' business located right in the middle of Historic Whiskey Row in the heart of downtown Prescott, AZ. The Treat Center on Whiskey Row opened in 1996 and has been both a local and tourist favorite for the past 25 years. They are best known for their Famous Homemade Ice Cream, Gourmet Popcorn, Delectable Fudge, a variety of Nut Brittles and Barks, Hand-Dipped Chocolate treats, Caramel Apples, Taffy Town Salt-Water Taffy (made in Salt Lake City, Utah) and a huge selection of hard-to-find nostalgic candy. This is also one of the only retailers in downtown Prescott that sells Arizona Lottery tickets. Owners are ready to retire and pass this fantastic business onto the next entrepreneur. This 1,381 sf store Click...
Details
Contract/Address/Legal
Original List Price: 395000
Listing Date: 2021-01-21
Status: Closed
Listing Price: 395000
List Price/SqFt: 286
City/Township: Prescott
State: AZ
Zip Code: 86303
Business Op Type: Bus Op No Real Est
Business Type: Food/Beverage
Business Name: Treat Center on Whiskey Row
REO/Short Sale: Not Applicable
Zoning: DTB
Legal: PRESCOTT LOTS 32 33 & 34 BLOCK 13
Tax Parcel: 109-02-018
Assessor's Book #: 109
Assessor's Map #: 2
Assessor's Parcel #: 18
General Property Description
Lot #: 1
Aprx Acres: 0.26
Total Liveable SqFt: 1381
Source of Measuremnt: Owner
Year Built: 1901
Year Est: 1996
CC & R: No
Remarks & Misc
Directions: From the downtown Courthouse Square in Prescott, head south on Montezuma St. The retail store is located along on the west side of Montezuma St. and is adjacent and immediately south of the Grand Highland Hotel.
Office/Member Info
Compensation: 3
Compensation Type: %
Status Change Info
Under Contract Date: 2022-02-14
Sold Date: 2022-02-15
Sold Price: $365,000
Sold Price/SqFt: 264
Financing: Conventional
Property Features
Bathrooms: Interior; Unisex
Construction: Block
Current Use: Retail; Other - See Remarks
External Amenities: Other - See Remarks
Internal Amenities: Kitchen; Other - See Remarks
Heating: None
Cooling: Ceiling Fan(s); Room Evap
General Lease: Other - See Remarks
Roof: Rolled/Hot Mop
Info on File: Equipment List; Inventory List; Leases; Tax Returns; Other - See Remarks
Utilities Installed: Electricity; Individual Meter; Natural Gas; Water - City; WWT - City Sewer
Sale Includes: Equipment; Fixtures; Inventory; Leasehold Rights; Tradename; Training
Tenant Pays: Janitorial; Utilities
Business Location: Other - See Remarks
Possession: At Recordation
Supplements
Introducing this Extraordinary Opportunity to own this turnkey "Sweet Shop" business located right in the middle of Historic Whiskey Row in the heart of downtown Prescott, AZ. The Treat Center on Whiskey Row opened in 1996 and has been both a local and tourist favorite for the past 25 years. They are best known for their Famous Homemade Ice Cream, Gourmet Popcorn, Delectable Fudge, a variety of Nut Brittles and Barks, Hand-Dipped Chocolate treats, Caramel Apples, Taffy Town Salt-Water Taffy (made in Salt Lake City, Utah) and a huge selection of hard-to-find nostalgic candy. This is also one of the only retailers in downtown Prescott that sells Arizona Lottery tickets. Owners are ready to retire and pass this fantastic business onto the next entrepreneur. This 1,381 sf storefront is located at 156 S. Montezuma in the old "Sam Hill" Building and features original 16-foot-high ceilings. The store is jam packed with all kinds of wonderful old-fashioned homemade treats. The business has enjoyed year after year stable sales even through the 2020 pandemic. The Treat Center is passionate for Consistency, Freshness, Quality and Value which are of the upmost importance and has afforded the Treat Center to be the recipient for numerous accolades & awards. Go To: www.treatcenter.com for additional information. Offered at $395,000, the owner's annual discretionary income is projected to be $120,000/year based on the past four years of operating performance. The purchase price includes approximately $30,000 in wholesale inventory, trade name, good will, furniture, fixtures & equipment, and training for a negotiated period of time. There is plenty of upside to this business with other lines of products that can be offered as well as new technology that can improve efficiency of the operations. There are favorable lease terms in place. The assignment of the existing lease to be approved by Landlord. Qualified buyer's & their agents must sign the attached Confidential Non- Disclosure Agreement prior to receiving detailed financial information. Please do not disturb the owners but rather call listing agent for additional information and showing instructions.
Listing Office: Better Homes And Gardens Real Estate Bloomtree Realty
Last Updated: February - 21 - 2022
The listing broker’s offer of compensation is the dollar amount or percentage of sale price the listing broker offers to pay a broker who (a) participates in the multiple listing service where the listing broker filed the listing and (b) procures the buyer for a successful transaction.
The data relating to real estate for sale on this site comes from the Broker Reciprocity/IDX of Prescott Area Association of REALTORS. Information provided is thought to be reliable but is not guaranteed to be accurate. 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.Real estate listings held by brokerage firms other than the website owner, are indicated by detailed information about them such as the name of the listing firms. Copyright© 2020 Prescott Area Association of REALTORS. All rights reserved.