MergerPlace

Top Designated Southwestern Rest. #0115

New Mexico


  • Asking Price: $1,675,000
  • Gross Income: $2,687,652
  • Cash Flow: $524,417
  • Real Estate: Not Disclosed
  • Inventory: $40,000
  • FF&E: $50,000
  • Listing ID: #211698
  • Established: Not Disclosed
  • Employees:

Business Description

MOTIVATED SELLER READY TO RETIRE!!

Exclusive opportunity to own a highly profitable and attractive establishment in north-central New Mexico. This popular restaurant offers a southwestern flair with a complete menu to appease almost any appetite, along with a full selection of cocktails, beers, wines and more. The atmosphere is set for casual dining with an open kitchen and stunning decor. All situated in a fairly large, leased facility positioned in a popular strip mall that is known for shopping and entertainment. The spacious layout accommodates the popular happy hour, extended seating, and hosting of private events. The restaurant has upheld a phenomenal reputation for many years and is now ready for a new chapter in success. Whether you’re a first-time restaurant owner or a skilled operator, everything is in place for your ongoing success. An experienced management team helps keep the business humming. The menu is crafted to maximize sales, and employee manuals and documented procedures result in product and service consistency. Assets will include approximately $40,000 in average inventory, $45,000 in equipment, and $50,000 in fixtures and furnishings. You will not want to miss out on this profitable opportunity, so inquire today to learn more about this "For Sale By Owner" business portfolio #0115


Business Details

Primary Business Category: Restaurants, Bars & Other Food Services
Location: New Mexico

Company Information

Home Based: No
Franchise: No
Relocatable: No
Number of Employees:

Financial Information

Asking Price: $1,675,000
Gross Revenue: $2,687,652
Cash Flow: $524,417
FF&E: $50,000
Inventory: $40,000
Seller Financing Available: No

Property Information

Facilities:

Located in a popular shopping complex with appealing entrances.

Growth & expansion opportunities:

Excellent room for further growth and opportunity.

Competition:

Yes as it is located in a high tourism area, however, the popular restaurant has become a top destination to eat at.

Reason for selling:

Would like to retire soon and is very motivated to sell.

Support & Training:

Yes, this will be negotiable at the time of a transaction.

Contact Business Seller

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Business Listed By:

Marketing Department

Affiliated Business Consultants, Inc.