Established Restaurant and a Historical building with a prime location

Asking Price$950,000

Cash Flow
Not Disclosed

EBITDANot Disclosed

Gross Revenue$1,200,000

InventoryNot Disclosed

FF&ENot Disclosed

Real EstateNot Disclosed

Save1/6

Established Restaurant and a Historical building with a prime location


Asking Price$950,000

Cash Flow
Not Disclosed

EBITDANot Disclosed

Gross Revenue$1,200,000

InventoryNot Disclosed

FF&ENot Disclosed

Real EstateNot Disclosed


Seller Financing Available
Business Description
This is a fantastic opportunity to own an established Restaurant and a Historical building with a prime location in Downtown Silver City, NM. Designated parking area in the back and a large street-facing corner patio. Adobe Springs has been a turnkey restaurant established for over 30 years showcasing a history of success and community engagement. It is close to the Main Street Plaza, Big Ditch Park with walking tours and the Visitor Center close by. The restaurant has had steady revenue growth over the last 14 years, and beloved menu "staples" that have a history of over 30 years of popularity, seating for 60 + with expansion potential. There is an unfinished room which is used for storage but can be easily turned into a banquet room or extra seating. This prime location serves as a gateway to success with a mix of consistent "regulars" along with tourist clientele guaranteeing a steady stream of potential customers. The business and trade name are for sale separately along with the lease of the building. Contact us today for more information or schedule a private viewing.
About the Business
Years in Operation
36
Number of Employees
22
Currently Home Based
Yes
Facilities & Assets
Upgrades include a new shingled roof in 2020, Solar panels, new large gas line and 300 amp service upgrade for electric, walk-in Freezer & Refrigerator, large kitchen and prep/work room, dry storage area, two commercial hoods (one rated for high heat), designated beverage room/station and a large pellet stove in the main dining room for a cozy ambiance in the winter time. All furniture, fixtures, & equipment (FF&E) are included, ensuring a seamless transition for the next operator. Unfinished room is approx. 909 sq. ft.
Website
https://bettersilvercity.com
Real Estate
Owned or Leased
Owned
Included in asking price
Building Sq. Ft.
4,309
About the Sale
Financing Options
Will consider seller financing with at least 50% down
Listing Info
ID
2287322
Listing Views
322
Attached DocumentsAttachment Disclaimer

Schematic.pdf

614_N_Bullard_St_dollhouse_view.pdf

Business Location

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Business Listed by: Marisa Villegas

Listing ID: 2287322 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.


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