MergerPlace

Covid-Resilient Restaurant – Profitable Take-out & Sit Down

Angel Fire, New Mexico (Colfax)


  • Asking Price: $260,000
  • Gross Income: $631,607
  • Cash Flow: Not Disclosed
  • Real Estate: Not Disclosed
  • Inventory: $6,000
  • FF&E: $205,453
  • Listing ID: #225202
  • Established: 2005
  • Employees: 4

Business Description

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.


Business Details

Primary Business Category: Restaurants, Bars & Other Food Services
Location: New Mexico
Metropolitan Area: Angel Fire
County: Colfax

Company Information

Year Established: 2005
Home Based: No
Franchise: No
Relocatable: No
Number of Employees: 4

Financial Information

Asking Price: $260,000
Gross Revenue: $631,607
EBITDA: $109,306
FF&E: $205,453
Inventory: $6,000
Seller Financing Available: No

Property Information

Growth & expansion opportunities:

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

Competition:

Competition is minimal.

Reason for selling:

Seller has other professional obligations.

Support & Training:

Seller will work with new owner to provide a smooth transition

Contact Business Seller

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Business Listed By:

Michael Greene

Sunbelt Santa Fe