FEATURED LISTING: $1.5M (Bar & Land)
Buffalo Bar & Grill For Sale in Payson, Arizona
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- Voted BEST BAR IN PAYSON by Payson Roundup Newspaper 2/08.
- #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 : Due to the amount of inquiries we have received regarding selling the bar business only, the owners are now willing to entertain offers seeking to purchase the bar (with the land)
& offers to purchase the bar business only (without land).
- 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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