Restaurant with Long-Standing History

Albuquerque, Bernalillo County, New Mexico, United States

Asking Price$150k

Revenue$486k

EBITDA-

Cash Flow$33k

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!

Real Estate

Rent is $4,250 per month

Furniture Fixtures & Equipment

$147k

Inventory

$1kIncluded in Asking Price

Number of EmployeesFull-Time: 11

Year Established

1973

Reason Selling

Retirement

Facilities & Assets

All FF&E transfers to the buyer

Growth Opportunities

Opportunity to extend hours to serve dinner, do onsite catering, add beer and wine especially for Sunday brunch

Financing Options

Seller financing is available.

Asking Price$150k

Learn MoreAfter inquiring the broker will reach out to you to discuss the next steps.