About This Restaurant
Investment Highlights
Established and respected caterer Established workforce Large list of contract clients
Executive Summary
Public Info: The largest Catering Business in Southern NM is for sale. This is a stable, growing business that has potential for greater growth Gross revenues in 2022 were in excess of $1.7 Million, and 2023 gross revenues were at $1.66 Million. with an approximate net profit in the range of 30% Clients include several charter schools, the NM dept of Health, headstart, after-school programs, and many more Fully equipted and updated kitchen, 8 vans. Building and land is included
Property Details
- Sale Type Investment
- Sale Conditions Bulk/Portfolio Sale Bulk/Portfolio Sale Business Value Included Bulk/Portfolio Sale
- Property Type Retail
- Property Subtype Restaurant Restaurant Industrial Food Processing Restaurant
- Building Size 2,348
- Building Class C
- Year Built/Renovated 1975/2022
- Price 2,500,000
- Price Per SF 1,065
- Cap Rate 1.84
- NOI 46,000
- Tenancy Single
- Building Height 1 Story
- Building FAR 0.14
- Land Acres 0.38 AC
Amenities
- Corner Lot
- Air Conditioning
Property Taxes
| Parcel Number | 02-04804 | Improvements Assessment | $21,829 |
| Land Assessment | $44,037 | Total Assessment | $65,866 |
| Date Created: | 2024-07-16 04:17:59 | Last Updated: | 2024-07-16 04:17:59 |
| Address: | 1750 N Solano Dr , Las Cruces, New Mexico, 88001 | ||