501 N ARIZONA Avenue 2, Chandler, AZ 85225
$450,000
Property Type:
Business Opportunity
Square Footage:
3,030
Lot Size (sq. ft.):
15,300
Status:
Active
Current Price:
$450,000
Last Modified:
12/19/2025
Description
High-cash-flow Korean tofu & BBQ restaurant for sale in Chandler. This listing is for the Cho Dang Tofu & BBQ business only—a turnkey, fully built-out, non-franchise operation with full commercial kitchen, hood, and dining room in place. Asset sale includes trade name, goodwill, equipment, and inventory so a new owner can step straight into service or rebrand with minimal downtime. Buyer assumes or negotiates lease; real estate is not included in this listing. For buyers interested in purchasing both the building and the business together, see MLS #6959053 (business + real estate package).
More Information MLS# 6959323
General Property Description
Sold Price Per SqFt: 148.51
# of Interior Levels: 1
Ttl Apx SqFt Bldg: 3030
Uncvrd Parking Spcs: 30
Flood Zone: No
Business Details
Year Established: 2023
Legal Info
Range: 5E
Section: 27
Township: 1S
Construction
Block: 1
Stucco: 1
Income & Expenses
# Full Time Employee: 1
# Part Time Employee: 6
Annual Gross Sales: 850567
Annual Cst Goods Sld: 161728
Annual Gross Profits: 688839
Annual Operating Exp: 581398
Owners Draw Included: Yes
Annual Owners Salary: 0
Annual Mngr Salary: 0
Anl Int (Non-RelEst): 9872
Annual Depreciation: 126439
Annual Fringes: 0
Adjusted Net Income: 243752
Apx Value of Cash: 8843
Ap Val Frn,Fxt & Eqp: 170922
Apx Val Goodwill: 51694
Apx Val Inventory: 3000
Apx Val Other Assets: 13000
Apx Val of Real Est: 1250000
Business Type
Restaurant: 1
Food & Beverage: 1
Pmt & Rate Info
Equity: 450000
Down Payment %: 100
Total Owed: 0
Showing Notification Methods
Showing Service: Aligned Showings
Text: 1
Email: 1
Phone Call: 1
Lockbox Type
None: 1
Type of Lease
Other - See Remarks: 1
Form of Ownership
Limited Liability Co: 1
Sale Price Includes
Goodwill: 1
Equipment: 1
Inventory: 1
Liquor License: 1
Lease Information
Option: 1
Other - See Remarks: 1
Hours of Operation
6 Days/Week: 1
Business Age
1 - 3 Years: 1
Heating
Electric: 1
Current Ownership
1 - 3 Years: 1
Cooling
Central Air: 1
Electric: 1
Window/Wall Unit: 1
2 or more Units: 1
Chiller System: 1
Business Location
Street/Highway Exposure: 1
Corner Lot: 1
Fixed Location: 1
Free Standing Bldg: 1
Commercial Strip: 1
Training
1 Week: 1
Expenses Include
See Remarks: 1
Business/Tenant Pays
See Remarks: 1
Road Access Type
City Street: 1
Exterior
Corner Lot: 1
Dual Street Ftg: 1
Storage Yard: 1
Curb(s) & Gutter(s): 1
Building Sign: 1
Sidewalk(s): 1
Monument Sign: 1
Security Light(s): 1
Security Camera(s): 1
Source of Fincl Data
Tax Return: 1
Traffic Count
75,001 to 100,000: 1
Water Source
City Franchise: 1
Master Meter: 1
Backup Information
Equipment List: 1
Inventory List: 1
Sewer
Sewer - Public: 1
Parking Features
Fee: 1
Parking Lot: 1
Paved: 1
Off Street: 1
Electric
SRP: 1
Individual Meter: 1
Gas
SW Gas: 1
Master Meter: 1
Security Features
Fire Alarm: 1
Security System: 1
New Financing
Cash: 1
Cash to Loan: 1
Conventional: 1
SBA: 1
1031 Exchange: 1
Current Financing 1
SBA Loan: 1
Current Financing 2
Treat as Free & Clr: 1
Current Financing 3
Treat as Free & Clr: 1
Reports/Disclosures
None: 1
Environmental
None: 1
Contract Info
Current Price: $450,000
List Price: $450,000
Status: Active
List Date: 2025-12-18
Location
House Number: 501
Compass: N
Street Name: ARIZONA
St Suffix: Avenue
City/Town Code: Chandler
State/Province: AZ
Zip Code: 85225
Zip4: 4584
County Code: Maricopa
Subdivision: GREATER CHANDLER ADD BLK 8 9
Assessor Number: 302-64-020
Remarks Misc
Cross Street: Arizona Ave & Oakland St
Directions: Located on the NE corner of Arizona Ave & Oakland St in Unit 2. Visible monument signage ''Cho Dang Tofu & BBQ'' on the corner.
Geo Lat: 33.311881
Geo Lon: -111.841066
Income Expenses
Net Operating Income: 107441
Property Features
Business Type: Restaurant; Food & Beverage
Form of Ownership: Limited Liability Co
Sale Price Includes: Goodwill; Equipment; Inventory; Liquor License
Lease Information: Option; Other - See Remarks
Hours of Operation: 6 Days/Week
Type of Lease: Other - See Remarks
Business Age: 1 - 3 Years
Current Ownership: 1 - 3 Years
Business Location: Street/Highway Exposure; Corner Lot; Fixed Location; Free Standing Bldg; Commercial Strip
Training: 1 Week
Expenses Include: See Remarks
Source of Fincl Data: Tax Return
Backup Information: Equipment List; Inventory List
Construction: Block; Stucco
Exterior: Corner Lot; Dual Street Ftg; Storage Yard; Curb(s) & Gutter(s); Building Sign; Sidewalk(s); Monument Sign; Security Light(s); Security Camera(s)
Security Features: Fire Alarm; Security System
Parking Features: Fee; Parking Lot; Paved; Off Street
Road Access Type: City Street
Electric: SRP; Individual Meter
Gas: SW Gas; Master Meter
Water Source: City Franchise; Master Meter
Sewer: Sewer - Public
Cooling: Electric; Window/Wall Unit; Central Air; 2 or more Units; Chiller System
Showing Notification Methods: Text; Email; Phone Call
Lockbox Type: None
Traffic Count: 75,001 to 100,000
Current Financing 1: SBA Loan
Current Financing 2: Treat as Free & Clr
Current Financing 3: Treat as Free & Clr
New Financing: Cash; Cash to Loan; Conventional; SBA; 1031 Exchange
Environmental: None
Listing Office:
The Broker Reserve LLC
Last Updated: December - 19 - 2025
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