4504 N Main St Roswell, NM 88201
- Commercial real estate
- 1,000 SF
Current Use by Public Records
- Zero Degrees / Cafe
- GameStop / Video Game Store / Collectibles Store
- Sally Beauty / Cosmetics Store / Barber Supply Store
- Zales / Jeweler / Jewelry Designer
- The Paleta Bar Roswell / Ice Cream Shop
Property Details for 4504 N Main St
- Property size
- 1,000 SF
- Property type
- Commercial real estate
Description
This turnkey Paleta Bar franchise in Roswell, NM, presents a compelling investment opportunity. Priced at $175,000, this established business boasts a strong brand presence and loyal customer base. Located at 4504 N Main St, Roswell, NM 88201, the 1,000-square-foot space has a current lease expiring August 1, 2026, with two years remaining. The business includes all equipment, inventory, and recipes, ensuring a seamless transition for the new owner. Financial performance shows a Net Operating Income (NOI) of $30,037, resulting in a 17.16% cap rate. The business commenced operations on December 28, 2021, and operates under an LLC ownership structure. This franchise benefits from a prime location in a high-traffic area, attracting both local residents and tourists. The Paleta Bar's reputation for high-quality, handcrafted paletas and aguas frescas provides a solid foundation for continued growth. The minimal staffing needs and straightforward operating model contribute to low overhead costs. The sale includes the business and franchise rights only
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Roswell
- County
- Chaves
- State
- New Mexico
- Longitude
- -104.5239805
- Latitude
- 33.4498709
