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Well-Established Mediterranean Restaurant With Experienced Staff

Bernalillo County, NM, USA
Listed 47 days ago

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.

Employees

11

Real Estate

Lease

Trading Hours

Monday - Saturday 11 AM - 8:30 PM, Sunday 3 PM - 8:30 PM

Premises Details

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

Support & Training

4 weeks

Expansion Potential

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.

Size In Square Feet

3,846

Competition / Market

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.

Inventory / Stock Value

$10,000 - included in the asking price

Reason for Selling

Retirement

Financials

Asking Price
$380K
RevenueMost Recent Year
$752K
Earnings (SDE)Last Reported
$125K
Assets ValueIncluded in Asking Price
$100K
Seller Financing
Not available

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