If you are interested in owning your own hospitality business and want a high quality asset fast and at a bargain, this is the business for you. Located one hour south of Spaceport America, and just 45 minutes from El Paso International Airport. This is a one of a kind property, that is an operating turn-key business, and it is available for 50 % of the cost it would take to build.
With just 14 hotel rooms, the hotel side of the business is very simple and the percentage of profit on the hotel side of the business is higher than the restaurant/bar side.
Having said that, this property is not just a hotel. It is a high quality restaurant with a good reputation that is operated for the public, which happens to have an additional revenue stream from the hotel rooms that are on site.
Sale includes Real Estate, all FF&E, including a 3-terminal Aloha POS System, all inventories and New Mexico Liquor License (valued at over 300K. alone) The newly completed outdoor Event Center (2014) will hold 200+ wedding guests.
Building has been gutted and completely renovated infused with contemporary comfort and style. You will not find a nicer build out in the state. The property is very well maintained and is extremely clean. Restaurant has very good local reputation for outstanding food at reasonable pricing. Please see www.mesonforsale.com for additional area information.
Owner financing is not available on this property.
Las Cruces, NM
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