15 Oct UNDER CONTRACT Bobcat Bite for Sale
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 its approximately 1.77 acres 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 2021-22 winter season, and the current owners opted not to re-open due to personal reasons. 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. The patio is extensively landscaped with native plants fed by a greywater system tied to the kitchen. A deer-fenced garden with raised garden bed offers the opportunity to supplement the kitchen with fresh, home-grown produce. Behind the rear patio is a space ready for outdoor events. 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 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, 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, which houses a True two-door freezer and a True two-door refrigerator.
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: 6500
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.