FOR SALE: $369K

LISTED WITH COLDWELL BANKER/GRETCHEN CAMPBELL

YEAR BUILT : 2002

LOCATED AT 212 WARM SPRINGS BLVD, ELEPHANT BUTTE, NEW MEXICO

PROPERTY DESCRIPTION:

Type: Commercial
Address: 212 Warm Springs Blvd.
Elephant Butte, NM 87935
Lt Size: .86 acres
Yr Built: 2002
County: Sierra
Zoned: Commercial
Asking Price: $349,000

Features:
· Building, land & business
· Commercial Retail Operation
· Construction: Frame, Stucco, Ceramic Tile Floor
· Metal Roof, Professional Asian Design
· Utilities: Water: City, Electricity, Gas, Septic Tank
· Extras: 3 Ton Heating & A/C Refrigerated Combo Unit, A/C Evaporative (in kitchen), Code Compliant Full Service Kitchen, All Kitchen Equipment (Detailed Below), Phone, Professional Lighted Parking w/ Lighted Marquee, Restroom, Internet Hook-up, Professionally Landscaped Mature Garden
· Possession: Upon Closing
· Terms: Cash

Big Food Express is an established restaurant & nightclub located at Elephant Butte Lake State Park, New Mexico: the largest resort lake in the state. The business was established in 1998 at a separate location, and originally served take-out. Primary foods were Chinese, Burgers & Seafood. Throughout several successful years, Big Food Express gradually expanded its menu to include specialty foods such as Lobster, Prime Rib & Thai dishes.

In 1999, a piece of commercial property (.86 acre) was acquired approx. ¼ mile from the original location. Beginning in 2001, a brand new facility was drafted from specialized plans made in conjunction with several Asian architects. The building was completed in 2002, and Big Food Express / Club Bossa Mundo began operation at the new location in December of 2002. The business also acquired a beer & wine license for sales with meals. A professional DJ & lighting system was installed so that the business could support a nightclub environment. A 100" wide DLP projection was also added so that the business could add movie nights & major sports events.

The business also includes a courtyard with professional mature landscaping. Plants include palms, fruit trees & pines.

Big Food Express is a very well known name in Sierra County and has a firmly established base of loyal local customers. The business prides itself in quality food & entertainment with the best prices in the area.

The business is ideal for a small family or hands on proprietor, and is easily operated by 3-4 workers.

Major business benefits include good curb appeal, good business reputation, brand new building, low overhead, and a good location.

Peak tourist season runs from April through mid-October. The area also attracts year round fishermen & visitors to the local hot springs. There is also a substantial winter "snow bird" population: seasonal visitors who spend December through March in the area to avoid colder Northern temperatures.

The asking price includes the building, surrounding land & the active business.

Additional Details:

DINING ROOM
· 6 tables / 4 chairs each
· 25 ft. bar with 12 bar stools
· Back bar cooler with double glass door for beer/wine/sodas
· 3 drawer food warmer
· Reach-in cold table
· Glasses, etc.
· Professional disco light system
· Professional DJ station w/ six speakers
· 100" digital projection system with DTS surround sound: compatible with DVD & Dish TV
· 25" television
· 10' x 5' stage for live performers or gift gallery
· Computer work area
· Trash receptacles
· Track lighting
· Vaulted ceiling with exposed beams
· Hot tea & coffee dispensers
· 3 ton central air conditioner / heater combo unit
KITCHEN
· 3 compartment sink
· New True reach in refrigerator/freezer combo unit
· Cold table
· 4' Steam table
· 4' Cold table
· 3' griddle
· Deep fryer with double basket
· 5' hood with fire protected Ansel system
· Stove / Oven combo unit
· Small freezer
· Medium freezer
· Wash room
BATHROOM / STORAGE
· 1 handicap code compliant restroom
· Mop room w/ large sink
· 2 additional refrigerator/freezer combo units
· 1 15' trailer behind business (may be used for storage / living space / office space)
GARDEN
· Palm trees
· Fruit trees (apple & peach)
· 3 picnic tables for outdoor dining
· Entire business enclosed by privacy wall, with traditional Chinese moongate at main entry way
· 2 custom iron cooper colored gates with moon & star design used for delivery entry
PARKING AREA
· (2) 20' 500 watt parking lights
· Lighted marquee billboard with changeable letters
· Handicap access
· Abundant signage
· Lower parking area with access road & gate (garbage dumpster & grease barrels are located in lower parking area)

RESORT ELEPHANT BUTTE LAKE 2 MILES AWAY

JET SKIING * BOATING * FISHING * HOT MINERAL BATHS

LOCATED OFF INTERSTATE-25, 2.5 HOURS SOUTH OF ALBUQUERQUE; 2HRS NORTH OF EL PASO

8 HOUR DRIVE FROM PHOENIX, AZ

PEAK TOURIST SEASON MAY-SEPTEMBER

BRAND NEW RESTAURANT & NIGHTCLUB

DINING ROOM WITH PROFESSIONAL DISCO LIGHT & SOUND SYSTEM

MOVIES ON WEEKNIGHTS, MUSIC ON WEEKENDS

COVERED OUTDOOR DINING PATIO

LUSH BEER GARDEN WITH FOUNTAIN

FULL SERVICE PROFESSIONAL APPROVED KITCHEN

AVAILABLE FOR DINE IN, TAKE-OUT, CATERING & PRIVATE PARTIES

Location Description:

A popular retirement area, located on I-25 between Albuquerque & El Paso. Elephant Butte Lake is New Mexico's largest resort lake. Summer weekends bring in 100,000 to lake & surrounding area. Moderate climate with mild winters & low-humidity summers.