| Asking Price |
$319,000 | Inventory |
$4500* |
|---|---|---|---|
| Gross Income |
360818 | Real Estate |
|
| Cash Flow |
$138,545 | Year Established | 2004 |
| FF&E |
$60,000* | Employees | 7 |
* included in the asking price
** not included in the asking price
The restaurant provides the highest quality barbeque ribs, brisket, sausage and related items in the Los Alamos, New Mexico market area. All products are fresh, homemade and very reasonably priced. The business has established a reputation and loyal following in the area. The restaurant has seating for 80 and is well located for both locals and area travelers. The business is open Monday through Friday 11:00am to 2:00pm and from 5:00pm to 8:00pm. Additionally, it offers catering for both small and large gatherings. The business to include all furniture, fixtures, equipment (per list), $4,500.00 of product inventory, trade name, covenant not to compete, and training is offered for sale for $319,000.00. Financing available with a down payment of $60,000.00.
Facilities: The restaurant occupies 1,950+/- square feet of leased space. The site is leased for $1,675.00 per month and the current lease expires November 20, 2008. Common Area Maintenance (CAM) charges are $82.00 per month.
Competition: The businesses market shar is increasing due to the company's reputation for high quality products, competitive prices and timely performance.
Growth/Expansion: Definite growth opportunities exist through expansion into surrounding communities, expanding the business hours and marketing of catering services. The current business hours are Monday through Friday 11:00am to 2:00pm and from 5:00pm to 8:00pm. The restaurant has seating for 80.
Support/Training: Seller will provide training for a period of time.

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