Restaurant with Long-Standing History

Asking Price$149,900

Cash Flow
$33,000
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$486,000

Inventory$1,000
Included in asking price
FF&E$147,000
Included in asking price
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Restaurant with Long-Standing History


Asking Price$149,900

Cash Flow
$33,000
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$486,000

Inventory$1,000
Included in asking price
FF&E$147,000
Included in asking price
Business Description
For over 40 years, this beloved neighborhood gem has served delicious breakfast and lunch to loyal and repeat patrons. The cozy, inviting atmosphere and warm ambiance keeps customers coming back again and again for the high-quality, tasty dishes. An Albuquerque institution, the restaurant is known for its commitment to quality, attracting a loyal customer base that values fresh, hearty meals. The menu is a hit with locals and tourists alike, offering everything from fluffy pancakes, omelettes, and burritos, to sandwiches, crisp salads, and hearty soups.

Key Selling Points:
Established Reputation: A well-known spot with a loyal clientele, 4.5 Google rating with 290 reviews.
Prime Location: Situated in a bustling center with high traffic counts and easy access, ideal for attracting both regulars and newcomers.
Turnkey Operation: Fully equipped kitchen, well-trained staff for a smooth transition.
Room for Growth: Opportunity to expand hours, introduce catering services, adding beer and wine service, or even add dinner service to increase revenue potential.
Charming Atmosphere: A cozy interior that has created a welcoming environment for diners for over 40 years, making it a local favorite for both breakfast and lunch.

The restaurant is a turn-key opportunity for the right buyer. This is a fantastic opportunity for an owner-operator or restaurateur looking to take the reins of an established, well-known and loved restaurant with load of growth potential. Make it yours and continue the legacy of great food, community, and success!
About the Business
Years in Operation
52
Number of Employees
11
Facilities & Assets
All FF&E transfers to the buyer
Opportunities for Growth
Opportunity to extend hours to serve dinner, do onsite catering, add beer and wine especially for Sunday brunch
Real Estate
Owned or Leased
Leased
Building Sq. Ft.
3,400
Rent
$4,250.00 per month
About the Sale
Seller Motivation
Retirement
Transition Support
Through transition period
Listing Info
ID
2321788
Listing Views
1678

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Business Listed by: Jeannie Randolph Brio Brokers Group

Listing ID: 2321788 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.