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Business For Sale
UPSCALE COLORADO DINING
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Asking Price: |
$150,000
USD USA Dollars
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Business for Sale Industry: |
Food & Beverage: Restaurants, Fast Food, Deli
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Reason for Selling:
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Retirement |
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Year Established:
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1996 |
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# of Employees:
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4 |
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Yearly Revenues:
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$225,000 |
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Yearly Cash Flow:
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$31,000 |
Business for Sale Overview:
Award winning special occasion restaurant in Durango, Colorado offering a complete dining experience. Guests have a “table for the night” in this upscale establishment uniquely decorated to resemble your grandmother’s house. Specializing in French Cuisine, guest can choose between the “Prix Fixe” six-course dinner and the A La Carte dinner both of which change nightly. Extensive wine list consisting of over 200 labels selling for $30 to $6,000 a bottle that was recently presented with Wine Spectator’s Award of Excellence. Menu choices can include Striped Bass with Avocado and Shrimp, Rack of Lamb with Fine Herbs, Roast Duck, Red Snapper and Stuffed Quail to name a few. Seller will carry with $90,000 down.
Property Features and Assets:
Consists of approximately 2,000 square feet for the restaurant and an upstairs apartment which also is used for storage and is currently occupied by a Chef. The facility has easy access, good visibility, and is operated 6:00 pm – 9:30 Tuesday through Saturday. Management estimates the facility is currently operating at 60 of capacity. The business closes in April and November of each year. Infrastructure is in place for patio dining.
Additional Details:
- The property is leased.
- The owner is willing to train/assist the new owner.
- The owner is not willing to work for the new owner.
- This is not a homebased business opportunity.
- This is not a franchise resale opportunity.
- This is not a distressed business or bankruptcy situation.
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