New Mexico 6 Multi Unit Restaurants w/Real Estate!7 figure Earnings - Business for Sale
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Six Multi-Unit Full-Service Restaurants with Real Estate in New Mexico
Portales, NM, US
Added 2 months ago
Multi Unit Restaurants with Real Estate
50 years in business
Absentee / Semi-Absentee
A group of six full-service multi-unit restaurants, branded under the same name and including real estate, operates in New Mexico and a second state with locations established for decades.
Key Information
Asking
$17.0M
Revenue
$20.4M
Earnings
$2.7M
Multiple
6.3x
Key Highlights
- Includes 6 full-service restaurant units spanning two states
- Real estate valued at $7,400,000 is included in the sale
- Alcohol licenses valued at $1,700,000 are included
- Each location is approximately 8,500 square feet
- One location operates on a land lease with over 40 years remaining
- Business has been established for 50 years
- Long-term management in place at each location, including General Manager and assistant GMs
Contact Info
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