| Asking Price |
$130,000 | Inventory |
$2,000* |
|---|---|---|---|
| Gross Income |
$411,790 | Real Estate |
|
| Cash Flow |
$36,000 | Year Established | 1952 |
| FF&E |
$70,000* | Employees | 10 |
* included in the asking price
** not included in the asking price
Restaurant operates 7 days a week with larger Groups for Breakfast & Lunch and smaller groups for dinners. Now the Restaurant closes at 2 pm on Saturdays & Sundays, but should probably stay open due to new Building in the area. This 4600 Sq. Ft. Building has newer equipment in the Kitchen as well as newer paint, caepet & complete remodle in the front.. Great opportunity for a Restaurant person, of family.
Facilities: Newley remonadled Restaurant that seats 155 including a meeting Room that seats 55. The Owner dose not work a shift in the Restaurant, but is in & out from time to time. The menu is Mexican & Classic American, with Beer & Wine. One cook and two watress have worked in this Restaurant for over 25 years each. Also long term employment for most other employees.
Competition: Very popular Restaurant, with minium hours, Restaurant now closes at 2 PM on Saturday & Sundays, and closes at 8 PM through the week. This Restaurnat is known for Great Breakfast & Quick Lunches.
Growth/Expansion: The Restaurant is located on 2 heavy traffic streets, with plenty of parking, ez in & out. Near Kirtland Air Force Base which has 23,000 employees, of whch many, are not in the Military.
Financing: With a down payment of 40,000 the seller will finance 90,000 for 8 years @ 9% in
Support/Training: Seller will stay with Buyer for 2 Wks. to insure a smooth transaction, at no additional cost to Buyer.
Reason Selling: Buyer wants to move to Texas

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