A premier casual, family-friendly sports bar and restaurant located in the Hobbs, New Mexico area. This highly successful establishment is known for providing fresh, cooked-to-order meals featuring premium beef, burgers, steaks, ribs, wings, popular regional favorites, and classic bar bites. Accommodating both sports enthusiasts and families, the venue features a fully equipped bar with cold beer, cocktails, and happy hour specials, alongside family-friendly dining perks. The business is fully modernized with online ordering for pickup, third-party delivery integration, and private event capabilities supported by an on-site banquet room that accommodates up to 50 guests, as well as full-service off-site catering. The establishment's strong market position is built on its unique blend of quality dishes, a welcoming atmosphere, an immersive sports-centric environment with extensive high-definition displays, and an attentive staff, making it a turnkey opportunity for an investor or owner-operator.
- Asking Price:
- $1,950,000 Furniture / Fixtures included
- Sales Revenue:
- $1,486,254
- Cash Flow:
- $323,437
Property Information
- Real Estate:
-
Lease
Business Operation
- Competition / Market:
-
In contrast to national chain restaurants like Chili's and Applebee's, Babes delivers a unique competitive edge. We combine a high-quality menu and ice-cold beer with an immersive viewing experience featuring 21 large-screen televisions, offering an atmosphere and quality of service that corporate chains cannot replicate.
- Reasons for selling:
-
Retiring
- Years established:
- 2011
Other Information
- Support & training:
-
2 weeks
- Furniture / Fixtures value:
- $250,000 - included in the asking price
- Inventory / Stock value:
- $30,000
