Business For Sale

Wholesome Foods - Franchise Restaurant in Santa Fe

Not Disclosed, NM
Santa Fe County

Santa Fe


Asking Price: Annual Revenue:
$249,000 $876,460

Food & Beverage: Restaurants, Fast Food, Deli


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RE: Wholesome Foods - Franchise Restaurant in Santa Fe Broker: Moon Kim

Quick Facts

Asking Price: $249,000
Annual Revenue: $876,460
Net Profit: Not Disclosed
Cash Flow: $142,899
Total Debt: Not Disclosed
FF&E: $75,000
Real Estate: Not Disclosed
Year Established: 1984
Employees: 16
BBN Listing #: 375719188
Broker Reference #: 000597

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Business Overview:

This is a turn key, well established, Santa Fe restaurant recognized for its impressive 45 foot buffet offering a large variety of gluten free, vegetarian and vegan options while serving lunch and dinner. Centrally located on the busiest retail and commercial artery in town. This business was originally established half a decade ago by the current owner of the business in 2013. Most of the customers are tourists that are traveling to the nearby tourist attractions and middle-class families that live the surrounding densely populated neighborhoods. Net sales average is $890,000/year that has been consistently increasing throughout each year since inception without any local marketing done except corporate marketing. The numerous nationwide retailers and grocery chains anchor this business with huge amounts of foot traffic as well as the extremely busy intersection that is packed consistently with motor vehicles. There are many ways to proactively market this business such as direct mailing, family bundles, add more menu items, social media outlets and catering services. Owner involvement will provide an instant increase in sales as a full-time owner-operator will cut payroll expenses on having additional managers in place and effectively increasing the cash flow. Competition can also be expected for this type of business, but there is no true competitor that is within the immediate market area of this business that has a similar concept. Various menu items are provided at this franchise buffet that can range from salads, bread, fruits, pizza, baked potatoes, pasta, soups and desserts. This franchise buffet is in perfect condition for a potential buyer to proactively market this business while being fully involved in the day-to-day business operations.

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Property Features and Assets:

This business is located in a 4,245 SF retail strip center that is surrounded by numerous businesses as this franchise is placed in the epicenter of a tourist area. All equipment is in impeccable condition and in working order. / Inventory: $5,000 (Included in listed price).

Market Competition and Expansion:

Competition: There are no competitors within the immediate market area of this business. / Growth and Expansion: Corporate marketing is in place that brings constant customer traffic to the business, but other marketing methods can be utilized to generate much more cash flow and acquire more customers in untapped regions.

Reason for Selling:

Retirement.

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 a franchise resale opportunity.

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