Businesses For Sale Network in New Mexico/ The Rancher's Grill (2 Locations in El Paso & 1 in Deming, NM
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Listing View: The Rancher's Grill (2 Locations in El Paso & 1 in Deming, NM - Luna, New Mexico


The Rancher's Grill (2 Locations In El Paso & 1 In Deming, Nm
Luna, New Mexico

Offered at:
$2,575,000
Real Estate Included

Revenue: $3,000,000 / year
Cash Flow: $300,000 / year
Lease Rent: $14,000 / month
Square Feet: 16,644

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 Listing Description

This listing is for both Locations of The Rancher's Grill in El Paso and the 1 Location in Deming, NM. The 2 El Paso Locations are leased and the Deming Location is owned and the Real Estate is included in the sale. 3 year average sales are $3,000,000 for all 3 Locations. The gross income listed is for Jan. 09 to Oct. 09, with an annualized rate of $3,000,000. The Rancher's Grill is a western-themed casual dining Steakhouse, with emphasis towards a family-friendly venue. The Restaurant has been locally owned and operated for over 31 years. There are 2 locations in El Paso, TX, and 1 in Deming, NM. The chain initially operated as a Franchise Steakhouse, but after the expiration of the twenty year franchise agreement, the locations were changed in 1998 to The Rancher's Grill. They are fortunate to enjoy the loyalty and support from generations of local clients. The FF & E that is included is all the tables, chairs, salad bars, kitchen equipment,there is also collectable art & photos, and various western collectables. Please see attached Demographics and Menu. The two locations in El Paso are 9530 Viscount and 7597 N. Mesa, El Paso, Texas, the location in NM is 316 E. Cedar, Deming, NM. The name is TradeMarked for all U.S. Steakhouses. Website:www.ranchersgrill.com Please call agent for all showings, financials,and floor plans.

General Information
Contact Information
Organization:   Corporation
Year Established:   1998
Current Owner:   1979
# of Employees:   90
Seating:   450
Square Foot/Size:   16,644
Parking:   All 3 Locations have Parking Lots.
License(s) Required:   Business & Liquor
Reason For Sale:   Retiring.
     
Financial Information
Revenue:   $3,000,000 / year
Cash Flow:   $300,000 / year
Payroll:   Contact For Info
Current  Inventory:   $TBD
FF&E:   $405,600
     
Lease Information
Lease Rent:   $14,000 / month
Lease Expiration:   2013/2014
Lease Option:   5 year
Listed by:   Tom Whatley
 Steinborn Tcn Commercial Real Estate
Phone:  575-649-2256
Fax:  575-522-4987
Website:  www.thomaswhatley.com
Listings:  See All Listings by Broker
Profile:  View Broker Profile


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The information in this listing has been provided by the seller or broker stated in the contact section of the listing profile. As such, Business For Sale Exchange has no claim in the sale of this business and has not independently verified any of such information and assumes no responsibility for its accuracy or completeness.
 
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