Priced to sell

Santa Fe, NM (Santa Fe County)

Priced to sell

Asking Price:$425,000

Cash Flow:$165,000

Gross Revenue:$1,345,000





*not included in asking price.

Priced to sell

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Business Description

Awesome 120 seat restaurant, bar and 25 seat weather-protected patio. Attractive and comfortable, adored by locals. Leader in locally-grown food, now a major trend, has paid off for owner – drawing and maintaining an exceptionally loyal clientele. Steady in-house sales, strong take-out sales and established catering accounts. Opened in 2002, well located in the fastest growing neighborhood in gorgeous Santa Fe. Beer and wine, but can be upgraded to full liquor license which would ensure a nice revenue increase. Landlord will support space expansion. Great lease to 2022. Parking lot. Handicapped access. Sound and transparent financials show YOY growth. 1.3M rev in 2015. Year round cash flow – no seasonal ups and downs. Staff (15 FT, 15PT) is friendly, skilled and reliable. Owner retiring but will support transition.

Detailed Information

Not included in asking price
15/FT 15/PT
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Separate party room. Strong catering business. Patio.
This is THE Go-To restaurant in Santa Fe for locally-grown often organic American comfort food. Located on main artery in fastest growing neighborhood in town .
Growth & Expansion:
Landlord supports expansion of space. Current beer and wine license can be upgraded to full liquoer license.
Support & Training:
As needed during transition
Reason for Selling:

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