UNDER CONTRACT Popular & Established Mountain R...

Angel Fire, NM
Colfax County

Asking Price: Annual Revenue:
$260,000 $626,493

Food & Beverage: Restaurants, Fast Food, Deli

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RE: UNDER CONTRACT Popular & Established Mountain R... Broker: Michael Greene

Quick Facts

Asking Price: $260,000
Annual Revenue: $626,493
Net Profit: Not Disclosed
Cash Flow: $110,622
Total Debt: Not Disclosed
FF&E: $205,453
Real Estate: Not Disclosed
Year Established: 2005
Employees: 12
BBN Listing #: 83944632
Broker Reference #: SANTAFE001-N213

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Business Overview:

This family-friendly restaurant has been a popular fixture in the mountain resort town of Angel Fire for over ten years. It has thrived under different owners, with impressive sales growth the last four out of five years. In 2020, sales were only 2% off the 2019 high. 2021 is off to a strong start with SDE on track to match or exceed the pre-Covid numbers. This despite not operating at 100% capacity! A new owner/operator will take over a proven menu, a great reputation, a strong management staff in place, and seating for 62 guests. The restaurant is open for lunch and dinner, has always done a brisk to-go business, and operates with a beer & wine license.

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Reason for Selling:

Seller has other professional obligations.

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.

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