RESTAURANT
Location: New Mexico > Los Alamos County
Industry: Food and Beverage > Restaurants
Financials
Asking Price: $319,000
Gross Revenue: $379,152
Cash Flow: $148,916
Inventory: $4,500 (Included in Asking Price)
FF&E: $60,000 (Included in Asking Price)
Seller Financing: Financing available with $60,000 down payment.
Business Summary
The restaurant provides the highest quality barbeque ribs, brisket, sausage and related items in the Los Alamos, New Mexico market area. All products are fresh, homemade and very reasonably priced. The business has established a reputation and loyal following in the area.
The restaurant has seating for 80 and is well located for both locals and area travelers. The business is open Monday through Friday 11:00am to 2:00pm and from 5:00pm to 8:00pm. Additionally, it offers catering for both small and large gatherings.
The business to include all furniture, fixtures, equipment (per list), $4,500.00 of product inventory, trade name, covenant not to compete, and training is offered for sale for $319,000.00.
About the Business
Year Established: 2004
Employees: 4 full time - 2 part time
Facilities: The restaurant seats 80 and occupies 1,950+/- square feet of leased space. The site is leased for $1,675.00 per month and the current lease expires November 30,2008. Common Area Maintenance (CAM) charges are $82.00 per month.
Market Outlook and Competition: The businesses market share is increasing due to the companys' reputation for high quality products, competitive prices and timely performance. Definite growth opportunities exist through expansion into surrounding communities, marketing of catering services, and expanding the buisness hours to include weekends.
About the Sale
Management Training and Support: Seller will provide training for a period of time.

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Listing Tools
BizQuest ID:890085
Business Listed By
Name:John Lastra
Company:Grubb & Ellis|New Mexico
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