FEATURED LISTING: $1.6M (Bar & Land)
Buffalo Bar & Grill For Sale in Payson, Arizona
- Voted BEST BAR IN PAYSON by Payson Roundup Newspaper 2/08 and 2/09.
- #1 Bar for beer sales as determined by Budweiser in their Payson, Arizona area territory. The bar is also in the top 25% of all places selling beer in Budweiser’s Payson area territory (the Matazal Casino, Wal-Mart, and all gas stations selling Budweiser are included).
- Known as Payson’s best and busiest bar.
- Bar revenue up 20% over 2006 Sales.
- Bar revenue up 50% over 2005 Sales
- Total revenue increase of over 70% from 2005 sales (the bar was profitable in 2005).
- Now known for great food. Food sales in 2005 were less than 5% of total sales. Today, food sales account for 40% of total sales.
- #6 liquor license included with the sale.
- Building and land are owned and will go as part of the sale.
- Prime location in the town of Payson on Hwy 87.
- Current owners purchased the bar in December 2005 and are selling due to health reasons.
- A new patio was added in response to Arizona’s no-smoking law that went into effect earlier in 2007. Revenue increased when the patio was added and the new law has not had any negative impact in regards to revenue.
- The numbers provided above can be validated a couple of ways. The beer and food suppliers can show records of sales from the bar over time and the increases can be verified.
- The numbers can also be validated on the computerized ordering system.
Building & Land Attributes Size Seating Capacity |
| Inside |
|
1800 sq ft. |
84 |
|
| Outside patio* |
|
1000 sq ft. |
60 |
|
| Land |
|
½ acre (to be verified) |
|
| *Outside bar can be locked up separately and patio is still useable without the outside bar. |
UPDATE : Full Kitchen remodel completed 11/08
- 2 central air (refrigeration) units installed. Only had evaporative cooling prior to this.
- Evaporative cooling still available (used when humidity is low).
- Both the men’s and women’s bathrooms were completely rebuilt and remodeled in 2006 (including plumbing).
- New beer cooler with larger capacity purchased in 2006.
- New computerized ordering system installed in 2006 (the bar has never had one).
- Outside patio area and bar added with custom fountain in 2007.
- New high capacity roof mounted ice maker purchased in 2006.
- New electrical service installed from the electrical pole to the building.
- New outside bar in 2007.
- The owners request that you do not make it known that the bar is for sale when visiting because they would like to personally notify their staff once a sale is pending.
- If you want to make an anonymous trip to the bar to see the business in action one of the best times is on Sunday evening around 5pm.
- To get detailed sales information (pricing, terms, options, and to schedule a meeting with the owners) please contact Brad Sundin at 602-697-3093. Listing agent related to Seller.
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