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Well-Established Mediterranean Restaurant With Experienced Staff For Sale

Bernalillo County, New Mexico, US
Asking Price:
$380,000 Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
$751,965
Cash Flow:
$124,691

The SDE should be a blended rate of $124,691
Well-Established Mediterranean Restaurant

Exceptional opportunity to acquire a long-standing Mediterranean restaurant with more than 30 years of operating history and a loyal customer base. This full-service restaurant features a spacious dining room, outdoor patio, beer and wine service, and an experienced staff, including long-tenured kitchen employees.

The business is currently operated with limited owner involvement and reduced operating hours, creating multiple opportunities for a new owner to increase revenue. Growth opportunities include expanding hours, rebuilding catering and delivery services, increasing private events and entertainment, and developing additional off-site sales.

The restaurant is fully equipped and offers an established operation with experienced staff in place, making it an attractive opportunity for an owner-operator or experienced restaurant group looking to expand.

Property Information

Real Estate:

Lease

Premises Details:

This long-established Mediterranean restaurant has served the Albuquerque market for decades, developing a loyal customer following and strong reputation for authentic cuisine, proprietary recipes, consistent quality, and warm hospitality.

Over the years, the owners have invested substantially in the restaurant's commercial kitchen, dining and event areas, bar, furniture, fixtures, equipment, and leasehold improvements. An experienced team is in place, including long-tenured kitchen staff who provide valuable operational continuity.

As the owners prepare for retirement, they have intentionally reduced certain operating hours, catering, and large-order activity. The sale provides a new owner with the opportunity to acquire an established restaurant operation with experienced staff, substantial existing infrastructure, and multiple avenues for renewed growth

Size in square feet:
3,846

Business Operation

Expansion Potential:

Significant growth opportunities exist for a new owner to increase utilization of the restaurant's established platform. The current owners have intentionally reduced operating hours, catering, and large-order activity as they prepare for retirement. A new owner could restore these revenue channels, expand evening and weekend business, increase private events and group dining, and further develop beer and wine sales.

Additional opportunities include strengthening digital marketing and online ordering, promoting higher-margin menu offerings, and expanding corporate and special-event catering. A separately available mobile catering operation also provides an opportunity to pursue festivals, corporate functions, private events, and off-site catering.

Competition / Market:

The Albuquerque restaurant market includes a wide range of independent, regional, and national dining concepts. This business differentiates itself through its long operating history, authentic Mediterranean cuisine, proprietary recipes, experienced staff, distinctive dining atmosphere, and multiple service offerings.

Its established customer following, fully equipped commercial kitchen, bar, private-event capabilities, and outdoor patio provide advantages over newer concepts that must invest significant time and capital in build-out, equipment, staffing, menu development, and customer acquisition. The combination of dine-in, takeout, delivery, catering, events, and beer and wine service also provides multiple revenue channels within a single established operation.

Reasons for selling:

Retirement

Trading hours:

Monday - Saturday 11 AM - 8:30 PM, Sunday 3 PM - 8:30 PM

Employees:
11

Other Information

Support & training:

4 weeks

Furniture / Fixtures value:
$100,000 - included in the asking price
Inventory / Stock value:
$10,000 - included in the asking price