6-Unit Package Restaurants for sale. Owner benefits $1.5 million

Albuquerque, NM
6-Unit Package Restaurants for sale
Asking Price:$6,499,999
Gross Revenue:$13,473,866
EBITDA:$1,589,255
Cash Flow:$1,207,263
Rent:$75,000/Month
Established Year:1990
BUSINESS DESCRIPTION

Buy this 6-unit and catering Package Restaurants for sale with an owner benefit of over $1.5 million on over $13 million in gross sales. Each location averages close to $1.8 million. These six established Restaurants for Sale in Albuquerque, NM, and a commissary are non-franchises and have been family-owned for generations.

EATS Broker represents the Multi-Unit Restaurants for Sale that can be approved for SBA lending. A qualified buyer is required to put 15%-20% down on this money-making opportunity.

These locations come fully equipped and staffed; almost 40 experienced managers operate these restaurants. These New Mexico restaurants for sale come with catering equipment and internal delivery vehicles.

All recipes, branding, and trademarks are included in the sale, and training is provided to new buyers. This restaurant group is known for its local cuisine.

The owners own all real estate locations and will provide market-rate leases with an option to buy.

All restaurants are located in a stand-alone building with two locations containing a drive thru. The restaurants range in size from 5,003 -1,903 sf. All sites are within 30 minutes apart and can be managed easily.

Sales are averaging over $12 million for these locations for the past three years.

Six non-franchise restaurants averaging almost $2 million per location.

EBITDA is approximately $1.2 million, plus addbacks.

These types of opportunities are rare and don't come along very often. No royalty and marketing fees are owed to a Franchisor; you are the boss!

Our seller requires that we pre-screen buyers by getting proof of funds. The proof can be in the form of a recent bank statement, recent brokerage statement, 401K, or letter from your banker before providing additional financials on this Restaurant.

Contact the Dallas Restaurant Broker at EATS Broker today about this exciting opportunity. If you have any questions, please contact Restaurant Broker Dominique Maddox


DETAILED INFORMATION
Location
Albuquerque, NM
Inventory
Not Included in asking price
Real Estate
Leased
Building SF
23,578
Lease Expiration
31/12/2033
Employees
240
Facilities
All locations come fully equipped and located in stand-alone buildings.
Competition
All locations are highly visible with great signage. This is a well non-franchise established brand in New Mexico.
Growth & Expansion
These locations have averaged over $12 million for past three years and sales are still growing. Opportunity to increase catering, improve drive-thru, and commissary.
Support & Training
All recipes, branding, and trademarks are included in the sale, and training is provided to new buyers.
Reason for Selling
Retirement
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Dominique
Maddox
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Dominique Maddox