High Profit Restaurants

Not Disclosed, NM


Asking Price: Annual Revenue:
$2,800,000 $6,000,000

Food & Beverage: Miscellaneous


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RE: High Profit Restaurants Broker: John Lastra
License #: 9213
Owner Financing is Available!

Quick Facts

Asking Price: $2,800,000
Annual Revenue: $6,000,000
Net Profit: Not Disclosed
Cash Flow: $2,000,000
Total Debt: Not Disclosed
FF&E: $200,000
Real Estate: Not Disclosed
Year Established: 1997
Employees: Not Disclosed
BBN Listing #: 23682818
Broker Reference #: Not Disclosed

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Business Overview:

The successful blended cuisine began with the opening of the first restaurant in 1997 and now with two well located highly profitable restaurants the business anticipates 2021 sales of $6,000,000+/- and cash flow in excess of $2,000,000+/-. Similarly, the restaurants achieved financial success during 2020 and prior years.
The excellent reputation, quality product, specialized menu, and growing repeat customer base assures continued success for the business.

The restaurants to include all furniture, fixtures, and equipment, $65,000 of product inventory, tradename, covenant not to compete and training are offered for sale for $2,800,000. It is anticipated the Seller would finance 10% of the sales price and SBA guaranteed bank financing would be available for the business purchase with a buyer down payment of approximately $400,000.

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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.

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