$1,250,000
Glendale, AZ 85306
MLS# 7022525

1 / 1
Property Description
Prime Turnkey Mediterranean Grill Restaurant Opportunity Northwest Phoenix Metro Area Location: High-traffic retail plaza in a bustling Northwest Phoenix metropolitan suburb with excellent visibility and easy access to major roads and residential neighborhoods. This is a rare opportunity to acquire an established, full-service Mediterranean grill restaurant that is truly unique to the area and has quickly earned a loyal following for its authentic, flame-cooked specialties. The concept centers on bold flavors achieved through charcoal grilling, delivering that signature smoky taste customers crave. The menu features a variety of charbroiled burgers, steaks, chicken, shawarma, kebabs, and classic sides prepared fresh daily with quality ingredients.
Details
Maps
General Property Description
Sold Price Per SqFt: 520.83
Ttl Apx SqFt Bldg: 2400
Uncvrd Parking Spcs: 100
Business Details
Year Established: 2023
Construction
Brick: 1
Stucco: 1
Income & Expenses
# Full Time Employee: 7
# Part Time Employee: 2
Annual Gross Sales: 800000
Owners Draw Included: Yes
Annual Owners Salary: 0
Annual Mngr Salary: 0
Anl Int (Non-RelEst): 0
Annual Depreciation: 0
Annual Fringes: 0
Adjusted Net Income: 0
Apx Value of Cash: 0
Ap Val Frn,Fxt & Eqp: 400000
Business Type
Restaurant: 1
Pmt & Rate Info
Equity: 1250000
Down Payment %: 0
Total Owed: 0
Showing Notification Methods
Showing Service: No Showing Service Used
Lockbox Type
None: 1
Type of Lease
NNN: 1
Form of Ownership
Corporation: 1
Sale Price Includes
Equipment: 1
Inventory: 1
Liquor License: 1
Lease Information
10+ Years: 1
Hours of Operation
6 Days/Week: 1
61+ Hours/Week: 1
Business Age
1 - 3 Years: 1
3 - 5 Years: 1
Heating
Electric: 1
Current Ownership
1 - 3 Years: 1
3 - 5 Years: 1
Cooling
Central Air: 1
Business Location
Street/Highway Exposure: 1
Corner Lot: 1
Traffic Signal: 1
Commercial Strip: 1
Training
1 Month: 1
Expenses Include
Rent - Real Estate: 1
Utilities: 1
Insurance: 1
Advertising: 1
Accounting: 1
Legal: 1
Repairs: 1
Telephone: 1
Business/Tenant Pays
Electricity: 1
Liability Insurance: 1
Exterior
Corner Lot: 1
Building Sign: 1
Sidewalk(s): 1
Monument Sign: 1
Security Light(s): 1
Security Camera(s): 1
Source of Fincl Data
Owner: 1
Accountant: 1
Bks Shwn W/Acpt Ofr: 1
Traffic Count
35,001 to 50,000: 1
Unknown: 1
Water Source
City Franchise: 1
Sewer
Sewer - Public: 1
Parking Features
Free: 1
Parking Lot: 1
Electric
APS: 1
Gas
Other (See Remarks): 1
Security Features
Fire Sprinkler System: 1
Security System: 1
New Financing
Other (See Remarks): 1
Current Financing 1
Other: 1
Current Financing 2
Other: 1
Current Financing 3
See Remarks: 1
Reports/Disclosures
None: 1
Environmental
None: 1
Contact Info
List Agent Home Phn: 623-203-7424
Contract Info
Current Price: $1,250,000
List Price: $1,250,000
Status: Active
List Date: 2026-05-01
Location
House Number: XXXX
Compass: W
Street Name: XXXXX
St Suffix: Avenue
St Dir Sfx: W
City/Town Code: Glendale
State/Province: AZ
Zip Code: 85306
Country: US
County Code: Maricopa
Assessor Number: 000-00-000
Remarks Misc
Geo Lat: 33.556217
Geo Lon: -112.109082
Property Features
Business Type: Restaurant
Form of Ownership: Corporation
Sale Price Includes: Equipment; Inventory; Liquor License
Lease Information: 10+ Years
Hours of Operation: 6 Days/Week; 61+ Hours/Week
Type of Lease: NNN
Business Age: 1 - 3 Years; 3 - 5 Years
Current Ownership: 1 - 3 Years; 3 - 5 Years
Business Location: Street/Highway Exposure; Corner Lot; Traffic Signal; Commercial Strip
Training: 1 Month
Expenses Include: Rent - Real Estate; Utilities; Insurance; Advertising; Accounting; Legal; Repairs; Telephone
Source of Fincl Data: Owner; Accountant; Bks Shwn W/Acpt Ofr
Construction: Stucco; Brick
Exterior: Corner Lot; Building Sign; Sidewalk(s); Monument Sign; Security Light(s); Security Camera(s)
Security Features: Fire Sprinkler System; Security System
Parking Features: Free; Parking Lot
Electric: APS
Gas: Other (See Remarks)
Water Source: City Franchise
Sewer: Sewer - Public
Cooling: Central Air
Lockbox Type: None
Traffic Count: 35,001 to 50,000; Unknown
Current Financing 1: Other
Current Financing 2: Other
Current Financing 3: See Remarks
New Financing: Other (See Remarks)
Environmental: None
Supplements
It offers hearty entrees perfect for lunch, dinner, family meals, or casual outings.
Concept & Operations
" Signature Experience: An open kitchen setup allows guests to witness the grilling process, creating an engaging and appetizing atmosphere. Customers consistently highlight the juicy, flavorful dishes, generous portions, and fresh, homemade quality. A side patio provides inviting outdoor seating, with management-approved plans ready for further enhancements.
" Strong Customer Approval: Excellent reviews praise the tasty meals, friendly and attentive service, and welcoming environment. The restaurant appeals to both regulars and first-time visitors exploring Mediterranean cuisine. Significant room to grow exists through menu expansion, including fusion-style dishes, breakfast service, and seafood offerings.
" Flexible Business Model: Supports robust dine-in, carryout, and DoorDash-style delivery (with potential for broader platforms). Additional revenue streams include a full catering menu option that can be developed. A bar with an existing liquor license is in place but not operating at full potential; simply adding a full-time bartender would unlock more evening and social business.
This well-maintained operation provides an immediate opportunity for an experienced operator or enthusiastic entrepreneur to step in and continue building on its success in the thriving Phoenix-area dining scene. The concept is highly scalable through expanded catering, special events, or minor menu enhancements, while preserving its core charcoal-grilled identity.
Ideal for buyers seeking a profitable, ready-to-run restaurant with established systems and strong community appeal. Inquiries are welcome for additional details, including financial performance, equipment inventory, lease terms, and a confidential tour.
Serious buyers only. All information is based on publicly available sources. Prospective purchasers should perform their own due diligence.
Listing Office: Southwest Property Sales & Leasing
Last Updated: May - 04 - 2026
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