Business Overview:
Colorado wine and tapas restaurant for sale. This is a tremendous opportunity to acquire an established Wine and Tapas Bar and retail shop. This establishment offers category exclusivity with no peer for dozens of miles. This incredible business opportunity is nestled in a fast-growing, highly affluent area recognized as one of the wealthiest areas of the country- number 3 as a matter of fact! With the U.S. now the largest country for per capital in wine consumption and Wine Bars being among the fastest growing progressive trend categories in the restaurant industry, this opportunity is primed for continued success.
Established in 2005, it offers some 300 choices by the bottle and over 80 by-the-glass with revenue growth in excess of 20% year-over-year! In addition to a world class and highly awarded wine list, this 150+ seat restaurant offers a tasty and diverse global Tapas menu as well as a full bar. With an established customer base of over 30,000 guests annually, this is a great opportunity to grow this business that is just two blocks from an art and cultural center. Think of the many pre and post show opportunities!
Owners will work with buyer for as long as it takes to complete training and teaching on any subject required. Sommelier will certify you in wine knowledge.
For more information regarding this listing please contact us by completing the "Contact the Seller" form to the left. We look forward to hearing from you.
Property Features and Assets:
This Colorado tapas restaurant for sale is a thriving business opportunity. World class wine list and 150+ seat restaurant along with a 50+ seat patio and retail wine shop.
The kitchen is immaculate and includes walk-in cooler, grease trap, and professional, clean equipment throughout. You can expand the menu to about anything you want as the kitchen is something any chef would be proud to call home. Fully equipped commercial kitchen with a 14' hood will accommodate any menu. All recipes will transfer to the new owner in the sale and there are multiple loyal employees in place to carry on the traditions of this remarkable Colorado tapas restaurant for sale.
Market Competition and Expansion:
The Colorado wine and tapas restaurant for sale looks gorgeous and produces great earnings. Average EBITDA is 15% to 18% of Revenue. Recognized for excellence in its field, this Colorado wine and tapas restaurant for sale has won national awards from Wine Spectator and Wine Enthusiast as well as multiple awards locally and regionally.
Reason for Selling:
Owns multiple other concepts.
Additional Details:
- The property is leased.
- The owner is willing to train/assist the new owner.
- This is not a homebased business opportunity.
- This is not a franchise resale opportunity.