Fine Dining Restaurant for Sale in Downtown Santa Fe

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Location, Ambiance, Charm, Amenities
Asking Price:
$225,000

Gross Revenue:
$747,421
Cash Flow:
$110,154
(Seller's Discretionary Earnings)

EBITDA:
 Not Disclosed
Inventory:
$10,000
included in asking price

FF&E:
$21,762
included in asking price

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Business Description

With a sterling location and charming ambiance, this Santa Fe restaurant has become a destination for a memorable dining experience. Serving lunch and dinner, it caters to Santa Fe locals and tourist. The cuisine is a faithful interpretation of classical continental fare. Seasonal dishes feature premium fresh ingredients sourced from local organic vendors.

The presentation is world class. An expertly curated selection of over 100 domestic and imported wines is featured on the menu. Consistently exceptional food and faultless service have won it high praise from patrons and professional restaurant critics alike.

This is a prime opportunity for a chef-operator. The atmosphere and amenities make it unique and ready-made for a variety of food concepts. The location enjoys high vehicular and pedestrian traffic. Parking is nearby. Numerous hotels ring the area. The signature façade enhances the strong street presence. A favorable lease is in place.

About the Business

Location:
Santa Fe, New Mexico
Year Established:
2013
Number of Employees:
12 PT
Real Estate:
Leased
Building Sq. Ft.:
1,730
Rent:
$5,740.00 Per Month
Facilities:
The 1,730-square-foot offers seating for 48 guests with additional seating at the bar. When the weather is warm, the dining expands onto the patio for an additional 50 guests. Lush foliage, umbrellas and an outdoor cabana lends to the romance of this fresh and airy venue. The restaurant currently operates with a Beer & Wine license. The landlord is not amenable to a full liquor license upgrade.
Website:
www.samgoldenberg.com
Market Outlook/
Competition:
Santa Fe has a thriving restaurant scene. This is an opportunity for an experienced chef or restaurant operator.
Growth & Expansion:
New owners can explore expanding hours, experimenting with the food model, and more.
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About the Sale

Reason For Selling:
Retirement.
Training/Support:
Details of the training and transition phase to be negotiated.

Listing Info

ID:
1644876
Ad Detail Views:
0

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Business Listed by

Michael Greene

Sam Goldenberg & Associates

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