Owner Financing is Available
Business for Sale Overview:
The restaurant provides the highest quality barbeque ribs, brisket, sausage and related items in the Los Alamos, New Mexico market area. All products are fresh, homemade and very reasonably priced. The business has established a reputation and loyal following in the area.
The restaurant has seating for 80 and is well located for both locals and area travelers. The business is open Monday through Friday 11:00am to 2:00pm and from 5:00pm to 8:00pm. Additionally, it offers catering for both small and large gatherings.
The business to include all furniture, fixtures, equipment (per list), $4,500 of product inventory, trade name, covenant not to compete, and training is offered for sale for $350,000. Financing available with a down payment of $60,000.
***CASH FLOW - 6 mo ending 6-30-10, $71,219****
For more information regarding this listing please contact us by completing the "Contact the Seller" form to the left. We look forward to hearing from you.
Property Features and Assets:
The restaurant has seating for 80 and occupies 1,950+/- square feet of leased space. The site is leased for $1,675 per month and the current lease expires November 20, 2008. Common Area Maintenance (CAM) charges are $82 per month.
Market Competition and Expansion:
The businesses market share is increasing due to the company's reputation for good food, competitive prices and timely performance.
Definite growth opportunities exist through expansion into surrounding communities, marketing of catering services and expanding the hours of operation.
Additional Details:
- The property is leased.
- The owner is willing to train/assist the new owner.
- This is not a homebased business opportunity.
- This is not a franchise resale opportunity.
- This is not a distressed business or bankruptcy situation.
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