| Asking Price |
$250,000 | Inventory |
$35,000* |
|---|---|---|---|
| Gross Income |
$898,147 | Real Estate |
|
| Cash Flow |
$151,478 | Year Established | N/A |
| FF&E |
$150,000* | Employees | 34 |
* included in the asking price
** not included in the asking price
The restaurant has an established reputation for fine dining in the most beautiful setting in the Taos, New Mexico area. The restaurant was established in 1976 and offers an excellent dinner menu ranging from appetizers such as carpaccio of elk and green chile crab cakes to entrees such as filet mignon, lobster, rack of lamb, sunset cioppino, buffalo lasagna and more (see the attached menu). The restaurant has indoor seating for approximately 135 and a beautiful outdoor patio area with seating for 130. Exceptional meals, exceptional views and exceptional service are all trade marks of the restaurant. The business to include all furniture, fixtures, equipment (per attached list) $35,000.00 of product inventory, trade name, covenant not to compete, and training is offered for sale for $250,000.00. It is anticipated that bank financing would be available with a down payment of approximately $100,000.00. Additionally, the liquor license is offered for sale for $375,000.00 and it is anticipated that bank financing would be available to assist with a the purchase of the license. The real estate is also available for purchase.
Facilities: The premise is leased for $7,000 per month on a net, net, net lease and the present lease expires November 30,2012. The real estate is also available for purchase.
Competition: The businesses market share is increasing due to the company's reputation for high quality dining, competitive prices and timely performance.
Support/Training: Seller will provide training for a period of time.

John Lastra
505-883-7676
Grubb & Ellis|New Mexico
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