604 Broadway StHobbs, NM 88240

For Sale
$675,000

Established Restaurant, Owner Financing Available

Overview

Added:
Dec 11, 2024
Days on market:
92
This fully equipped and operating restaurant in Hobbs, New Mexico, presents a unique investment opportunity. Located at 604 E Broadway Street, this established business, known as La Fiesta, has served the community since 1957, and the name can be transferred with the sale. The asking price is $675,000. All existing restaurant equipment is included in the sale, ensuring a smooth transition for the new owner. The current owner is willing to assist with the transition process, providing valuable support and continuity. The property itself is classified as retail and land, built in 1996. While the lot size is not specified, the building is ready for immediate operation. Note that showings are unavailable during operating hours; the restaurant is closed on Sundays and Mondays. Attractively, owner financing is available, making this a potentially accessible acquisition for qualified buyers. This is a rare chance to acquire a well-established, profitable restaurant with a strong local reputation and the potential for continued success. Serious inquiries are encouraged.

Highlights

  • $675,000 asking price.
  • Retail and land property.
  • Restaurant and commercial subtype.
  • Built in 1996.
  • Located at 604 E Broadway Street, Hobbs, NM 88240.
  • Fully equipped and operating restaurant; established business name conveyable.

Property Details for 604 Broadway St

Property type
Other retail properties, Restaurants
Year Built
1996

Location Insight

City
Hobbs
County
Lea
State
New Mexico
Latitude
32.7010601
Longitude
-103.1296462
604 Broadway St, Hobbs, New Mexico

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604 Broadway St
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