23 Year Old Fast Casual Restaurant and Bakery

Colorado Springs, CO
El Paso County

Asking Price: Annual Revenue:
$535,000 $1,301,063

Food & Beverage: Restaurants, Fast Food, Deli

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RE: 23 Year Old Fast Casual Restaurant and Bakery Broker: Tom Kuthy

Quick Facts

Asking Price: $535,000
Annual Revenue: $1,301,063
Net Profit: Not Disclosed
Cash Flow: $218,365
Total Debt: Not Disclosed
FF&E: $193,000
Real Estate: Not Disclosed
Year Established: 1997
Employees: 17
BBN Listing #: 186258615
Broker Reference #: COLSPCO001-N3

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Business Overview:

Don't miss this excellent opportunity to own an established, growing and profitable restaurant in the highly desirable and rapidly growing Colorado Springs market. The company is uniquely positioned in the market as the only restaurant that mixes and bakes its authentic products fresh daily. As the only breakfast restaurant located within walking distance from 8 hotels, the company has enjoyed consistent retail revenue growth. In addition it has developed a thriving wholesale business providing its top quality, baked-fresh daily product to marquis customers. Owned and operated by the same owner since 2004, the buyer of this business will benefit from the inclusion of a detailed 92-page operations manual, and long-tenured and dedicated key employees. Four weeks of training at 20 hours per week is included in the price, and the buyer will also have the opportunity to purchase additional training and consulting after the four weeks are up. The restaurant consistently delivers over $200,000 in Seller’s Discretionary Earnings (SDE), and a buyer has the potential to expand those earnings by adding a dedicated wholesale and catering sales person, adding delivery through sites like Grubhub and DoorDash, and enjoying the increased profits from the first price rise since 2016. The company has been pre-qualified for an SBA loan for 75% of the purchase price. With SBA financing the new owner would stand to reap a 28% ROI and a 93% “cash on cash” return on investment.

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Reason for Selling:

This business is for sale because the owner is now 70 years old and wishes to pursue less physically demanding work.

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.

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