Absentee-Run Bar with #6 License in Glendale's Westgate Entertainment District
Financial Details
- Asking Price:
- $700,000
- Annual Revenue:
- $1,500,000
- Cash Flow / SDE:
- $400,000
- Profit Metric:
- Cash Flow (SDE)
- Valuation Multiple:
- 1.8x
- Location:
- Glendale, AZ, US
- Source:
- Date:
- November 09, 2025
Key Highlights
Description
This is an exceptional opportunity to acquire an established, absentee-run bar located in the highly desirable Westgate Entertainment District of Glendale, AZ. The venue benefits from massive foot traffic generated by nearby attractions like the Cardinals Stadium, Casino, and concert venues. The business boasts a full bar, extensive seating for over 150 patrons, and has recently undergone significant renovations (buildout cost over $500k). Financials are strong, showing $1.5M in revenue and $400,000 in SDE, which are fully provable via POS records. A major advantage is the incredible, long-term lease: 6 years remaining plus a 5-year option at only $22,000/month (including CAMS) for 6,000 sq.ft., which is significantly below market rate. The seller is offering attractive financing terms ($500k down). This turnkey operation includes $150,000 in FF&E and holds a valuable #6 Liquor License.
Industry Information
- Industry Description:
- Bar / Tavern
- Classification:
- Restaurants & Food
Real Estate & Lease
- Status:
- Leased
- Monthly Rent:
- $22,000 USD
- Lease Expiration:
- 2031
Assets & Inventory
- FF&E Value:
- $150,000 USD
- Includes FF&E:
- Yes
Broker Contact
- Name:
- Mike Darmo
- Company:
- American Realty Brokers
- Phone:
- 623-887-1089
Listing Details
- Listing ID:
- 8c594435-75ad-46a6-a530-9ab24984d540
- Source Listing ID:
- Ad#:2438183
- Deal Status:
- For Sale
- Last Updated:
- November 09, 2025
- Currency:
- USD