Excelerate Auction Group is pleased to announce that it has been commissioned by Buzz and Beverly Easterling, original founders and owner/operators of Snuffy's Steakhouse, Saloon and General Store, to offer their established Quemado Lake business and 17 surrounding acres at public auction. This allows you the incredible opportunity, on auction day only, to set the market price for this property. Serving Quemado Lake visitors, trophy game hunters, campers and local residents for over 30 years; Snuffy's is the only retail business in the area!

A LITTLE BACKGROUND

This is a great opportunity to own an established retail operation in the heart of the pristine Apache National Forest.
Quemado Lake and the surrounding campgrounds are part of the National Forest.
After Quemado Lake was dedicated in 1971, Snuffy's was established by El Caso Ranch owner Buzz Easterling.
In the early days, Snuffy's resided in the old ranch bunkhouse built in 1885.
Based on necessity and exposure to recreationalists, Snuffy's was moved to it's current location, improved and added to.
Snuffy's is the only retail operation in the area and resides on the only private land that is deeded as such.

Quemado Lake located in Catron County, New Mexico is the destination for thousands of outdoor enthutists.
Hunters, fishermen, campers and nature lovers converge on this area yearly to enjoy one of the most beautiful places in the world.
Quemado Lake is the get-away for Southwest and West Central New Mexico.

Known for having record setting "Trophy" ELK, hunters from all over the world come to the area for the chance to get the big one.

Quemado Lake is one of the few fishing spots in this part of New Mexico and New Mexico Game and Fish keeps this lake consistently stocked with mouth watering trout.

The lake area hosts numerous campgrounds, from full service hook-ups to primitive campsites, the area is a lure to those enjoying the great outdoors.

Did I mention, Quemado Lake Estates?
This gated master planned community has been developed with over 300 building lots in 5 phases.
Each lot has electricity, phone and water.
Lots are from 1 acre up and they are almost completely sold out.
Building on the lots is just beginning in most phases.

Why sell and what does this include?

Why is Snuffy's being sold?

Owners, Buzz and Beverly Easterling have put their hearts and lives into creating and building these businesses from scratch.
They are now at a point in their lives that operating the businesses and trying to pursue spending more time with family and each other have brought them to offer this magnificent venture to someone else.
It is important to the Easterling's that the individual that purchases Snuffy's keep the inviting and friendly family atmosphere that is known throughout the region.
Understanding that the new owners may have additional opportunities in the area due to it's popularity and growth, the Easterling's have decided to include almost 17 acres of land surrounding Snuffy's and a small office building next to the store.

The retail business operations include:

A Restaurant - with a full kitchen, cooler and automatic dishwasher.

Saloon (Bar Operation) - If you want a drink in Catron County, there are very few places to go.
Snuffy's has not only a package sale license, but a dispensers license with Sunday Sales.

General Store - Grocery Items, Ice, Packaged Beer, Soda, Fishing Tackle, Hunting and Fishing Licenses, Etc.
If you need to stock up, this is the only place for a long distance and it's right down the road from the lake, campsites and Quemado Lakes Estates development.

Gas - Need to fill er up?
Snuffy's has Gas Pumps all up to code and approved.

Marina Operation.
Snuffy's has the exclusive Marina Concession with the National Forest.
What this includes currently are aluminum boat rentals.
But, you can make it what you like.

Coin operated, Laundry facilities.
Shower rentals

Lot's of Inventory and all building and store equipment.

OPPORTUNITIES AND VISION

Big opportunities exist. The basic opportunities
are directly related to the growth and expansion of the area and a basic need in the area that has not been fulfilled.
To breakdown the real value of this property we can simply look at it from a general value analysis.

Snuffy's was appraised in June of 2003 for $467,000.
The appraisal did not include any inventory, equipment or the liquor license and only 3.398 acres of land.

The sale of Snuffy's will also include almost 17 acres surrounding the store.

In analysis of just the 2 statements above and utilizing 2003 values, the following can be determined.

$467,000 2003 Appraisal

$50,000
Value of Liquor License

$405,000 Value of additional land @ $30K/acre

________

$922,000 Total Value without inventory or equipment value.

Future opportunities are endless.
First, with the build out of the subdivision, Snuffy's and associated businesses are sure to see dramatic growth as the number of get away and permanent homeowners increases.
Convenience is the key and Snuffy's is the answer.

Food, Drink, General Sundries are a must and are currently available at the General Store, but what if, you added hardware and basic home improvement materials, drop off laundry, book store, gourmet coffee's.......The possibilities are endless.

Now, the real vison for opportunity.
This area is in desperate need of rental cabins / retreats.
You have 17 great acres to work with.
Fantastic scenery, seclusion, peaceful pines.
Building sites that are spectacular.
Imagine cabins with a porch that sits on a small hill overlooking a small canyon.
In that canyon are the trails the Elk take to graze.
Trophy Elk are frequent visitors to the area.
Your rental clientel are the recreational get- away folks, hunters during hunting season, fishermen, people from all over the country come to this area of peace and tranquility.

Don't miss this tremendous opportunity.
If you experience it once you'll never forget it.

Contact Marc Geyer or John Payne at Excelerate Auction Group (877-552-9600) for more information.

Propty Highlights:

Desirable Location

17 great acres surrounding - excellent for rental cabins

Pure great tasting well water

General Store - Selling recreational items, food, drinks, and packaged liquor sales

Saloon / Bar - Only one for many miles

Restaurant - Full kitchen facilities and automated dishwasher

Gasoline - with digital read inside store

On edge of great 300 parcel+ subdivision

Lake concessions - boat rental

Roping and Polo arenas nearby owned by El Caso Ranch

Annual hunting, fishing, lake, and camping visitors

Thank you,

John Payne
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John L. Payne, Senior Partner

Excelerate Auction Group
3660 E. University Dr., Suite 8
Mesa, AZ 85205

Office:
480-832-9600

Fax:

602-532-7869

Email:
jpayne@excelerateauction.com

? The Southwest's Premier Real Estate Auctioneers ?
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