8 Acres of Improved Commercial Land for Sale in Prescott, Arizona
Undisclosed Address, Prescott, AZ 86301
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.
Directions
To be provided with signed confidentiality agreement.
Property details
- County
- Yavapai County
- Zoning
- BG
- Elevation
- 5,361 feet
- MLS Number
- PAAR 1062841
- Date Listed
Detailed attributes
Listing
- Type
- Commercial
Structure
- Materials
- Block
- Cooling
- Evaporative
- Heating
- Forced Air, Natural Gas
Interior
- Features
- Disabled Access
Property utilities
| Category | Type | Status | Description |
|---|---|---|---|
| Gas | Natural Gas | Connected | — |
Listing history
| Date | Event | Price | Change | Source |
|---|---|---|---|---|
| May 2, 2024 | Price decrease | $195,000 | $20,000 -9.3% | PAAR |
| Mar 26, 2024 | Price decrease | $215,000 | $44,000 -17% | PAAR |
| Mar 19, 2024 | New listing | $259,000 | — | PAAR |