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NORTHERN ARIZONA Commercial property, Business Opportunity, Information about hauling water around Williams, Updated interest rates, loan information
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$260,000, Williams Area Restaurant For Sale
Listing# 24/08
Location: 214 W. Route 66, Williams, AZ Description: Own
this successful franchise Italian pizza restaurant business in the heart of Williams,
Gateway to the Grand Canyon. Only
the business is for sale. The
business’s gross income is approximately $350,000 per year with a net profit
of $80,000. The building is leased from another owner.
The lease runs for three years and is assumable.
This is an exclusive listing to Bankers Real Estate.
If another brokerage has a buyer, Bankers Real Estate will pay a referral
fee, but all negotiations will be with Bankers Real Estate.
Before confidential showing information is released to prospective
buyers, buyers must sign a non-disclosure, non-compete agreement. Included in the sale is the
business: some inventory, fixtures and equipment. The present owner will give one month training to the new
owner. Not included: the real
estate, franchise fee and additional training from franchise or owner. Anybody is encouraged
to eat at this restaurant, however do not talk to employees about business being
for sale.
Price/Terms: $ $260,000.
Owner may carry back with 50%
down, 8% interest
20-year
amortization, with a five-year balloon
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