RUIDOSO, New Mexico
| Asking Price |
$5,250,000 |
Year Established |
1995 |
|
| Annual Revenue |
$6,776,784 |
Reason for Selling |
Retirement |
|
| Annual P/L |
$0 |
Attention |
Steve and Cyndi Weinbaum |
|
| Annual Cash Flow |
$416,881 |
Listing Number |
999367 |
|
| # of Employees |
50 |
Business Category |
Food & Beverage: Restaurants, Fast Food, Deli |
|
Business Overview:
Profitable Multi-Unit Restaurants for Sale includes Real Estate and Liquor Licenses. Three Location Casual Dining Sports Bars generating $6.7 Million in combined annual revenue and over $400,000 in EBITDA. Asking price includes prime real estate and alcohol licenses with a combined estimated value of $6 Million making this an incredible investment opportunity. The Businesses are essentially offered at no additional cost above the valuation of the real estate and alcohol licenses!
This well known Casual Dining Sports Bar Multi Unit Restaurants for Sale concept has been open and operating over twenty years serving locals and visitors alike. They are a family friendly restaurant in the community averaging over $2.25 million in revenue per location. Experienced and tenured staff and management in place make for a smooth ownership transition. Two of the three locations are generating combined EBITDA of $575,000. Third location experienced several 1-time weather related occurences impacting expenses and is priced as an asset sale, also requiring a tightening of controllable expense.
Each restaurant delivers high-quality food and attentive service within a warm and inviting environment, ensuring outstanding value for their guests. The menu truly has something for everybody...from a long and delicious list of appetizers, pizza, salads, burgers and entrees to their extensive kids menu, this is a great place for an adult outing to enjoy your favorite beverage or to take the entire family. The restaurant is designed for family food and fun. A game area is available, as well as TVs positioned throughout the restaurant. Sports are consistency played on the TV's. During the NFL season.
The opportunity, offered by We Sell Restaurants, to acquire these multi-unit restaurants for sale means an opportunity to step into scale, stability, and valuable real estate and alcohol licenses along with significant earnings already in place to ensure a seamless transition. In addition to store level management, there is regional leadership ready to train the new owner to ensure continued success and profitability.
These locations are truly turn-key in that the current owners have continued to invest in the brand. Over the past 24 months, ownership has invested heavily in capital improvements, including the rollout of a new point-of-sale system, a new back-office accounting platform, and remodeling efforts designed to keep the restaurants fresh and appealing. These upgrades provide the next owner with an efficient, modernized operation positioned for continued growth.
Interested parties will be required to sign a Confidentiality Agreement and provide proof of at least $1.0 million in liquidity before receiving access to full details including financials.
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Property Features and Assets:
See Separate schedule of assets
Market Competition and Expansion:
Hometown Favorite
Family Friendly
Long Standing brand
Community involvement
Additional Details:
- The property is Leased.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity