Well-Established Mediterranean Restaurant with Experienced Staff
Business Description
The SDE should be a blended rate of $124,691
Well-Established Mediterranean Restaurant
Exceptional opportunity to acquire a long-standing Mediterranean restaurant with more than 30 years of operating history and a loyal customer base. This full-service restaurant features a spacious dining room, outdoor patio, beer and wine service, and an experienced staff, including long-tenured kitchen employees.
The business is currently operated with limited owner involvement and reduced operating hours, creating multiple opportunities for a new owner to increase revenue. Growth opportunities include expanding hours, rebuilding catering and delivery services, increasing private events and entertainment, and developing additional off-site sales.
The restaurant is fully equipped and offers an established operation with experienced staff in place, making it an attractive opportunity for an owner-operator or experienced restaurant group looking to expand.
Well-Established Mediterranean Restaurant
Exceptional opportunity to acquire a long-standing Mediterranean restaurant with more than 30 years of operating history and a loyal customer base. This full-service restaurant features a spacious dining room, outdoor patio, beer and wine service, and an experienced staff, including long-tenured kitchen employees.
The business is currently operated with limited owner involvement and reduced operating hours, creating multiple opportunities for a new owner to increase revenue. Growth opportunities include expanding hours, rebuilding catering and delivery services, increasing private events and entertainment, and developing additional off-site sales.
The restaurant is fully equipped and offers an established operation with experienced staff in place, making it an attractive opportunity for an owner-operator or experienced restaurant group looking to expand.
About the Business
- Employees
- 11 (2 Full-time, 9 Part-time)
- Facilities & Assets
This long-established Mediterranean restaurant has served the Albuquerque market for decades, developing a loyal customer following and strong reputation for authentic cuisine, proprietary recipes, consistent quality, and warm hospitality.
Over the years, the owners have invested substantially in the restaurant's commercial kitchen, dining and event areas, bar, furniture, fixtures, equipment, and leasehold improvements. An experienced team is in place, including long-tenured kitchen staff who provide valuable operational continuity.
As the owners prepare for retirement, they have intentionally reduced certain operating hours, catering, and large-order activity. The sale provides a new owner with the opportunity to acquire an established restaurant operation with experienced staff, substantial existing infrastructure, and multiple avenues for renewed growth- Market Outlook / Competition
- The Albuquerque restaurant market includes a wide range of independent, regional, and national dining concepts. This business differentiates itself through its long operating history, authentic Mediterranean cuisine, proprietary recipes, experienced staff, distinctive dining atmosphere, and multiple service offerings.
Its established customer following, fully equipped commercial kitchen, bar, private-event capabilities, and outdoor patio provide advantages over newer concepts that must invest significant time and capital in build-out, equipment, staffing, menu development, and customer acquisition. The combination of dine-in, takeout, delivery, catering, events, and beer and wine service also provides multiple revenue channels within a single established operation. - Opportunities for Growth
- Significant growth opportunities exist for a new owner to increase utilization of the restaurant's established platform. The current owners have intentionally reduced operating hours, catering, and large-order activity as they prepare for retirement. A new owner could restore these revenue channels, expand evening and weekend business, increase private events and group dining, and further develop beer and wine sales.
Additional opportunities include strengthening digital marketing and online ordering, promoting higher-margin menu offerings, and expanding corporate and special-event catering. A separately available mobile catering operation also provides an opportunity to pursue festivals, corporate functions, private events, and off-site catering.
Real Estate
- Owned or Leased
- Leased
- Building Sq. Ft.
- 3,846
- Rent
- $9,455 per month
About the Sale
- Seller Motivation
- Retirement
- Transition Support
- 4 weeks
Listing Info
- ID
- 2547748
- Listing Views
- 5
Listing ID: 2547748 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.
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