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Asking Price$260,000
Revenue$631,607 Established2005
Cash Flow$109,306 Employees4 full, 8 part
FF&E$205,453* FranchiseNo
Inventory$6,000* RelocatableNo
Real EstateUndisclosed Home-basedNo
* Included in Asking Price
This family-friendly restaurant has been a popular fixture in the mountain resort town of Angel Fire for over ten years. It has thrived under different owners, with impressive sales growth the last four out of five years. In 2020, sales were only 2% off the 2019 high. A new owner/operator will take over a proven menu, a great reputation, and seating for 62 guests. The restaurant is open for lunch and dinner, has always done a brisk to-go business, and operates with a beer & wine license.
Competition:Competition is minimal.
Growth Potential:An owner/operator should enjoy a return to historic levels of SDE. The restaurant’s sales and SDE have steadily grown as Angel Fire becomes a year-round destination. Already known for its ski resort, top-rated mountain bike amenities, conferences and weddings are bringing in visitors and second-home owners throughout much of the year
Training/Support:Seller will work with new owner to provide a smooth transition
Sale Reason:Seller has other professional obligations.
Ad #124718
Seller Reference #SANTAFE001-N213
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Michael Greene
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