Retail Space For Lease @ 12306 N 32nd St

12306 N 32nd St, Phoenix, AZ 85032

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Hani A.

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$100,000 in annual owner earnings at this Mediterranean restaurant! Began in 2006, Gyro House 32 has been serving delicious food from this easy access location and providing catering to the greater Phoenix area. Small dine in area, majority of the food sales are from carry out, fully set up with ordering services (GrubHub, DoorDash, etc). If you have been looking at owning a restaurant, this is an incredible opportunity.

Business sale includes all equipment, furniture, fixtures, and inventory PLUS over a decade of returning clients. Enjoying $421,000 in gross receipts in 2021 and low overhead, this restaurant is fully equipped and turn-key so you can begin right away serving up delicious Mediterranean food. Positive cash flow! The concept, the recipes, the style, the profit model were all intended with future franchising in mind. It is poised for greatness and with a spacious kitchen you could do even more!

Let's talk overhead - It can be expensive to start a business and rents are rising in the Valley. This lease is very affordable for a restaurant with this gross income! The kitchen is roomy and has to potential to do a lot more than it's current workload. 2021 recorded a positive annual cash flow of $60,000 after owner profits! This one won't last long with these numbers!

Asking price includes existing furniture, fixtures, equipment, inventory, recipes/proprietary information, and some training. Ready to learn more and try to super secret recipe tzatziki? This space offers accomodations for: strip center.

Pricing: Negotiable

Availability: Now

Listing ID: 3239180


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Rate: Contact for price

Type: Retail Space

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