High Profit Specialty Restaurant - AZ

Not Disclosed, NA Not Disclosed

Asking Price: $425,000

Annual Revenue: $877,974

Food & Beverage: Restaurants, Fast Food, Deli

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RE: High Profit Specialty Restaurant - AZ
Contact: John Lastra

Owner Financing is Available!

The business to include all furniture, fixtures, and equipment, $11,000.00 of inventory, recipes, tradename, covenant not to compete, and training is offered for sale for $425,000.00. It is anticipated that the seller will finance 10% of the sales price and that SBA guaranteed bank financing would be available with a buyer down payment of approximately $50,000.00.

Quick Facts

	Asking Price:	$425,000
	Annual Revenue:	$877,974
	Net Profit:	Not Disclosed
	Cash Flow:	$218,035
	Total Debt:	Not Disclosed
	FF&E:	175,000
	Real Estate:	Not Disclosed
	Year Established:	Not Disclosed
	Employees:	Not Disclosed
	BBN Listing #:	15622818
	Broker Reference #:	Not Disclosed

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Business Overview:

Located in Albuquerque, New Mexico, this unique Mediterranean restaurant has an established reputation for excellent food served in a beautiful setting. The 140 seat restaurant provides repeat and new customers a wonderful dining experience. Additionally, the restaurant has an enclosed outdoor patio with seating for 30. The restaurant is open for lunch and dinner six days per week. Excellent growth opportunities exist.
The business to include all furniture, fixtures, and equipment, $11,000.00 of inventory, recipes, tradename, covenant not to compete, and training is offered for sale for $425,000.00. It is anticipated that the seller will finance 10% of the sales price and that SBA guaranteed bank financing would be available with a buyer down payment of approximately $50,000.00.

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Reason for Selling:

Retiring

Additional Details:

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

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