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Well-Established Mediterranean Restaurant For Sale

Bernalillo County, New Mexico, US
Asking Price:
$349,000 Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
$751,965
Cash Flow:
$81,163

The SDE should be a blended rate of $124,691

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

Business Operation

Reasons for selling:

Retirement

Employees:
11

Other Information

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