15 Oct Bobcat Bite for Sale – Restaurant & Real Property
Location: Santa Fe & North Central Region, New Mexico
Industry: Restaurants & Cafes
Listing ID: Bob Cat Bite
This fully-equipped, fully-remodeled 2,214-square-foot restaurant and the approximately 2.5 acres on which its sits are available for purchase at $1,200,000 or for lease at $6,500/month NNN. This is the last commercially-zoned lot on Old Las Vegas Highway. Recent improvements include a $100,000 septic system and a $150,000 water system. Both meet commercial codes.
The restaurant recently closed for the winter season. New owners will need to hire kitchen and wait staff.
The two dining rooms can accommodate a maximum of 55 guests and are currently configured with 18 tables, 42 chairs, and 5 bar stools. The outdoor patio seats an additional 50 guests. There is on-site parking for 21 vehicles.
Because Beer & Wine (Restaurant) licenses do not transfer, new owners will need to apply for such a license under their own entity’s name.
Preliminary list of Furniture, Fixtures & Equipment (FF&E) includes: 18 tables 42 chairs inside, 18 tables 50 chairs outside, 3 two-door stand up refrigerators, 2 two-door standup freezers, 400 bottle wine vault, one walk-in refrigerator, one plate freezer, 2 griddles, 2 fryers, large capacity ice maker, salamander, microwave, coffee makers and all small ware and small appliances. All equipment is either brand new or fully reconditioned (such as the original 68-year-old grill).
Additional improvements include a standalone, easily accessible 204-square-foot storage/utility room right off the kitchen.
Real Estate:$1,000,000 (Included in Price)
Reason For Sale:
Seller has other obligations.
Training & Support:
No training is offered.
Year Established: 1950
Absentee Owner?: Yes
Lease Option: Yes
Monthly Rent: 5000
Type of Location: Standalone
Square Footage: 2422
Attractive remodeled venue with indoor and outdoor seating for up to 105 guests and ample parking. The facility is available for purchase as well. The FF&E is either new or has been professionally refurbished and is in "like new" condition.
Competition is limited.
Extending hours can grow this business.