249 S Old Hwy 188, Tonto Basin, AZ 85553

Property Description

Punkin Center Bar & Restaurant | Turnkey Destination Hospitality on SR-188 A rare opportunity to own one of Tonto Basin's most recognized landmarks. The Punkin Center Bar & Restaurant is a full-service destination bar and restaurant on State Route 188, in the heart of the Roosevelt Lake recreation corridor in Gila County. With more than a century of operating history at this location, the property has served the community as a grocery store, a post office, and today a characterful bar, restaurant, and gathering place. The offering includes approximately 4,500 square feet of interior space plus a roughly 1,500 square foot covered patio, seating for 160-plus patrons, all situated on approximately 1.17 acres. A transferable Series 6 liquor license conveys with the transaction, a significant and hard-to-replicate asset. This is a true turnkey operation. The business, equipment, and fixtures convey, allowing a new owner to step in and continue serving a loyal base of locals, regulars, Roosevelt Lake visitors, anglers, hunters, ATV and off-road riders, and weekend metro travelers. Upside potential through extended hours, events, and expanded marketing as area tourism and recreation traffic continue to grow. Operated for roughly two decades under current ownership, this is a retirement-driven sale. Seller-carry financing may be available with at least half down, subject to qualification and terms. Detailed financials and operating history are available to qualified buyers upon execution of a confidentiality agreement.