Iconic Restaurant El Paso TX

El Paso, TX
El Paso County


Asking Price: Annual Revenue:
$1,000,000 $1,436,262

Food & Beverage: Restaurants, Fast Food, Deli


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RE: Iconic Restaurant El Paso TX Broker: Tom Given

Quick Facts

Asking Price: $1,000,000
Annual Revenue: $1,436,262
Net Profit: Not Disclosed
Cash Flow: $300,000
Total Debt: Not Disclosed
FF&E: $75,000
Real Estate: Not Disclosed
Year Established: 1960
Employees: Not Disclosed
BBN Listing #: 55186076
Broker Reference #: GBS396

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Business Overview:

This restaurant opened in the 1960’s, has been under current ownership since 2000 and during its approximately 60 years of operation has become an El Paso icon. It is a true diner, meaning they serve everything on their menu all day long, including breakfast. Over the years the diner has built a huge customer base and is normally busy all day long.

This is a fantastic opportunity to purchase one of the most well-known brands in El Paso. The restaurant was impacted by the Covid shutdowns in 2020 but is rapidly building back its revenues to normal levels. Sales revenues in 2018 were $1,505,917 and were $1,436,262 in 2019.

The information contained in this marketing is subject to change, corrections, or withdrawal without notice. Information provided herein has been provided by the Seller and not by Broker.

The Seller has listed this business strictly as an asset transaction. This is not an offer to sell securities. This is not a solicitation to sell securities.

Listing Broker - Given CPA, PC. For more information, please contact Tom Given, Principal.

To request more information regarding this listing, simply check the ADD TO REQUEST INFO BASKET button and when you are done searching and have made all your selections, simply click on the REQUEST INFO button at the bottom of the page.

Property Features and Assets:

Building rent $9,500. The restaurant owners own the building and will enter into a long-term lease with the buyers. Alternatively, the building can be acquired from the owners by the restaurant buyer (real estate is for sale by owner).

Market Competition and Expansion:

Although numerous restaurants exist in the areas served by this restaurant, this restaurant is extremely well known and has been in business for approximately 60 years. Typical annual cash flow (before owner compensation) has generally been $300,000 or higher.

Reason for Selling:

Owner wishes to retire.

Additional Details:

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

Relevant Links:

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