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5024 N Lovington Hwy
Hobbs, NM 88240
Restaurant/Sports Bar for Sale 3 ways(Babe's) · Retail Property For Sale

Property Facts

Property Type
Retail
Property Subtype
Restaurant
Building Size
8,798 SF
Building Class
B
Year Built
2011
Tenancy
Single
Building Height
1 Story
Building FAR
0.14
Lot Size
1.47 AC

About 5024 N LOVINGTON HWY , HOBBS, NM 88240

FOR SALE!!!! $3,275,000 ***Options Available*** Business Opportunity Restaurant & Bar Includes: Property, Building, & Business 5024 N. Lovington Hwy Hobbs, NM 88240 Over $1.5 Million in average annual sales over past 5 years!!! Includes, but not limited to: •1.47 +/- acres (64,000 sq. ft.) •Building is 8,798 +/- sq. ft. with 2 banquet rooms, full bar, and lounge, 3 dining rooms, large kitchen, prep area and dish room. Built in 2010. •New Mexico Liquor License with Sunday Sales! •All FF&E which includes but not limited to: oKitchen equipment & all small wares oBar equipment & all small wares oTables & Chairs oTV’s, Sound System, & Portable Stage (19 TV’s + 1 Giant Screen) oPOS Equipment, Office Equipment & Safe oExterior Signage on Building oAll Sports Memorabilia This is a Turnkey operation!!! There is a solid kitchen staff in place and well trained front of the house crew. The bar and restaurant is open and has been in operation since 2011. (Due to health issues, owner is retiring)

Property Taxes

Property Taxes

Parcel Number
4000782070001
Land Assessment
$108,097
Improvements Assessment
$531,492
Total Assessment
$639,589
  • Listing ID: 6632512

  • Date on Market: 4/5/2017

  • Last Updated:

  • Address: 5024 N Lovington Hwy, Hobbs, NM 88240

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