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- RE: Sales Of Nearly $800,000 At This New Mexico Restaurant For Sale
- Contact: Not Disclosed
Quick Facts
Asking Price: | $199,500 | |
Annual Revenue: | $797,087 | |
Net Profit: | Not Disclosed | |
Cash Flow: | $83,221 | |
Total Debt: | Not Disclosed | |
FF&E: | Not Disclosed | |
Real Estate: | $0 | |
Year Established: | 2017 | |
Employees: | 18 | |
BBN Listing #: | 983030 | |
Broker Reference #: | 9153 |
Business Overview:
Why work for someone else? The owner operator of this New Mexico Restaurant for Sale earns over 10% on nearly $800,000 in sales per year. Be Your Own Boss and take home $83,221 in this opportunity. SBA Lending on this opportunity for qualified buyers with just 20% down. What are you waiting for? A money-making machine with a total of 18 experienced and well trained staff, this Profitable Restaurant for Sale has been around operating since since 2017 and has been increasing in sales, profits, and popularity since it's start. The owner is ready to retire and is willing to offer you the chance to take over this business. Don't wait! Bring your offer today to the Restaurant Brokers on this high volume Restaurant for Sale. Demand is high near Las Vegas New Mexico for locations like this one. Surrounded by plenty of motels/hotels, which means plenty of travelers are looking for a great home cooked meals. Recreational marijuana is now legal and this area is nearby Texas, Oklahoma, and Colorado. This Restaurant for Sale offers great visibility from the road. Operating hours are just 7am - 2pm & 4pm - 9PM Thursday through Tuesday. Earnings of over $82,000 provides a nice lifestyle for your family while you are in business for yourself. We can assist with lending on this opportunity. This Restaurant for Sale should have no problem being approved for SBA lending with one our lending resources. You just need 20% down and we'll have you in front of lenders this week. This Restaurant for sale has a fully equipped front and back of house including: 3 gallon coffee maker, Freezer for beer glasses, hood, 1000 gallon in ground grease interceptor, 2 fryers, 4 burner stove top, Flat top grill, two 4 well steamers, 2 microwaves, Several blenders,rack shelving units,Scales, Slicer 2 glass door reach in coolers, 5 reach in freezers, one 2 door reach in frig, one 3 door reach in frig, prep tables and more. This is an extensive equipment package in placed and churning out sales of nearly $800,000. The lease on this large 2,500 square foot Restaurant for Sale is negotiable but will fall within the industry standards at 10% or less of sales. In accordance with SBA guidelines the landlord is willing to do a five-year option, with an additional 5 year option to renew to cover the length of the 10 year loan term.This high volume opportunity does require that we obtain buyer pre-qualification in the amount of $50,000 for full details while this Restaurant for Sale is still available. By providing your phone number to We Sell Restaurants, you are agreeing to receive text notifications.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:
25 tables6 picnic tables116 chairsFlatwareSilverwareCondiment DispensersSound SystemTouchBistro POSSecurity CamerasCopy machineStore Decor3 flat screen tvs6 booster seats3 gallon coffee makerFreezer for beer glassesGrease hood1000 gallon in ground grease interceptor2 fryers4 burner stove topFlat top grill2-4 well steamers2 microwavesSeveral blendersPots, pans, small wares2 soup wells12 metro rack shelving unitsScalesSlicer2 glass door reach in coolers5 reach in freezers1 2 door reach in frig1 3 door reach in frig3 prep tablesIce machineStainless steel tablesInfrared heat lampLeased dishwasherSoda machine provided byCokeMarket Competition and Expansion:
Surrounded by plenty of motels/hotels, which means plenty of travelers are looking for a great home cooked meal. Recreational marijuana is now legal and area is nearby Texas.Reason for Selling:
RetirementAdditional Details:
- The property is Leased.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
Relevant Links:
- View more New Mexico businesses for sale
- View more Businesses For Sale in the same industry
- Sell a business online
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