000 At This New Mexico Restaurant For Sale, Las Vegas, NM 87701
- Retail properties & Spaces
- 2,500 SF
Current Use by Public Records
- Retail properties & Spaces
Property Details for 000 At This New Mexico Restaurant For Sale
- Year built
- 2017
- Property type
- Retail properties & Spaces
- Property subtype
- Restaurants
Description
This established restaurant in Las Vegas, New Mexico, presents a lucrative opportunity for ownership. Boasting nearly $800,000 in annual sales and $95,016 in owner earnings, this 2,500 square foot eatery is a proven money-maker. Built in 2017, the restaurant enjoys a prime location, benefiting from high visibility and proximity to numerous hotels and motels, ensuring a steady stream of customers. The current lease extends until June 30, 2027, with terms negotiable. The sale includes an extensive equipment package, encompassing everything from kitchen appliances (including two fryers, a flat-top grill, and multiple refrigerators and freezers) to dining furniture (seating for 116 patrons). Eighteen experienced and trained staff members are currently employed, providing a seamless transition for the new owner. SBA financing is available for qualified buyers with a 20% down payment. This is a rare chance to acquire a thriving business in a growing market with minimal competition. The restaurant operates Monday 7am-2pm & 4pm-9pm, Thursday-Tuesday. The current owner is retiring, creating this exceptional opportunity. Pre-qualification of $50,000 is required for full details.
Value Estimations
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Las Vegas
- County
- San Miguel
- State
- New Mexico
- Longitude
- -105.229
- Latitude
- 35.5877
