Details - Information last confirmed on March 31, 2021
Our firm is proud to present Abe’s Motel & Fly Shop. This iconic business is known throughout the world as a destination location for fly fishermen, hikers and tourists along the San Juan River in Northwestern New Mexico. Minutes from the San Juan River and only a few miles from Navajo Dam, Abe’s was developed by Abe and Patsy Chavez and has been well-maintained and expanded by two generations of the Chavez family. For most visitors to the area, Abe’s is a must-visit for supplies and fishing advice.
Pre-Covid, the business generated multi-million-dollar revenues per year with a Free Cash Flow of greater than 22%. Essentially the only game in town for gas, with a well-stocked fly shop and a convenience store licensed to sell packaged liquor. Abe’s is a standard stop for locals and visitors alike. The site also boasts a 56-room motel, restaurant with bar, 16-unit full-service RV park, and a 3-bedroom on-site manager’s residence.
It’s 8.11 acres offer plenty of room for travelers to park their boats and other recreational vehicles, with room to spare for future development.
This is an asset sale with associated real property. The owners wish to retire.
Disclaimer: DealStream has not independently verified any of the information in this listing and makes no warranty as to its accuracy or completeness.