Popular Mediterranean Restaurant

Asking Price$369,900

Cash Flow
$174,000
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$843,000

Inventory$5,000
Included in asking price
FF&E$125,000
Included in asking price
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Popular Mediterranean Restaurant


Asking Price$369,900

Cash Flow
$174,000
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$843,000

Inventory$5,000
Included in asking price
FF&E$125,000
Included in asking price

Seller Financing Available
Business Description
This restaurant specializes in Mediterranean food and is located in a one of Albuquerque’s central business and dining hubs, and has been in its current location since 2001. With easy access to I-25, beautiful building exteriors, prominent building signage and abundant parking, this restaurant is a go-to dining experience for lunch and dinner. Frequented by for the business community at lunch along with locals and tourist.

The business employs 5 full-time and 4 part-time workers. The owner is in the restaurant daily, mainly as the social person, meeting and greeting customers at their tables. entertainment on Friday and Saturday nights. There is a large outdoor area for dining in the beautiful New Mexico weather.

Several opportunities to grow the restaurant include expanding with a liquor license to include New Mexico spirits, adding a Hookah Bar under a covered patio, add catering and expand the hours of operation, serving brunch on Sundays.
About the Business
Years in Operation
41
Number of Employees
9
Opportunities for Growth
Several opportunities to grow the restaurant include expanding with a liquor license to include New Mexico spirits, adding a Hookah Bar under a covered patio, add catering and expand the hours of operation, serving brunch on Sundays.
Real Estate
Owned or Leased
Leased
Building Sq. Ft.
3,896
Rent
Not Disclosed
Lease Expiration
9/1/2027
About the Sale
Seller Motivation
Retirement
Transition Support
Through reasonable transition
Financing Options
50% down payment; restaurant management experience a must
Listing Info
ID
2367399
Listing Views
534

Contact Seller

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Business Listed by: Jeannie Randolph Brio Brokers Group

Listing ID: 2367399 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.