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Business For Sale

Restaurant & Bar Profitable

Not Disclosed, NM

Food & Beverage: Restaurants, Fast Food, Deli

 
Asking Price:
Annual Revenue:
Net Profit:
Cash Flow:
Total Debt:
$399,000
$1,098,000
$133,600
$133,600
Not Disclosed
FF&E:
Real Estate:
Year Established:
Employees:
Listing Number:
$38,000
$13,000
1997
20
690731884
Owner Financing is Available!
Seller will provide some financing for qualified buyer.

Business Overview:

Locals' favorite and tourist attraction found in comfort foods, full bar, and historic building. This casual dining and bar location provides a variety of entertainment to enhance dinner's experience over lunch, dinner, and after hours. Indoor and outdoor seating is routine for 140, with more available. Take advantage of the reputation, existing sales in excess of $1MM, and cash flow to owner of $133,600. Catering and special events are currently in place and can be expanded. Owner will train someone new. On the market for $399,000 with leased facility and liquor license. Option to buy facility and liquor license in future. Fabulous opportunity for your restaurant career! A serious investment.

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 and lounge are located in a historic building in Northern New Mexico. It is perfectly situated for both locals and tourists. Parking is nearby. The building and liquor license are not included in the sale price. The cash flow numbers reflect a lease of both. Business purchaser will have an option to buy both assets at a future date.

Market Competition and Expansion:

Sellers will educate buyer of opportunities for events and expansion - many Land of Enchantment and holidays not yet taken advantage of.

Reason for Selling:

Retirement

Additional Details:

  • The property is owned.
  • The owner is willing to train/assist the new owner.
  • This is not a homebased business opportunity.
  • This is not a franchise resale opportunity.