Business For Sale

Colorado Springs Bar for Sale - with Music Venue

Colorado Springs, CO
El Paso County


Asking Price: Annual Revenue:
$95,000 $300,000

Food & Beverage: Restaurants, Fast Food, Deli


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RE: Colorado Springs Bar for Sale - with Music Venue Broker: Bob Steinberger
License #: FA.100044255

Quick Facts

Asking Price: $95,000
Annual Revenue: $300,000
Net Profit: Not Disclosed
Cash Flow: Not Disclosed
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 2008
Employees: 5
BBN Listing #: 84598096
Broker Reference #: 6397

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Business Overview:

Buy this Colorado Springs Sports Bar for Sale and Live Music Venue and get ready to ''Rock and Roll all Night and Party Every Day'' while you are counting your money for this low risk / high upside business.

This bar for sale is located just off a main east / west thoroughfare in Colorado Springs near downtown, this sports live music venue is ready for a new owner to take it to the next level. The bar for sale by We Sell Restaurants features good signage, visibility and parking. It has an outdoor patio and a small dining room area separate from the main bar and stage area that is works well for families and kids.

The fully equipped commercial kitchen complete with hood system with fire suppression, plenty of hot and cold storage and a grease trap would support nearly any menu. There is an abundance of extra space as there is a full-size basement that runs the entire length of the space.

Two separate stages accentuated by a state-of-the-art $28,000 sound and lighting system are included in the bar for sale opportunity. There is even a ''green room'' or VIP area adjacent to the stage. The horseshoe shaped area for drink services seats about 12 and the space has pool tables that are owned - not leased. The main room has capacity for about 120 people. There is an extensive camera and alarm system to protect your interest in this bar for sale. .

The real value on this bar for sale deal is the one-of-a-kind lease. You get about 4000 square feet for only $3,200 per month. Wait for it, because it gets better! That price includes all common area charges, all water, gas, trash and most of the electricity. Only a small amount of the total space is metered and billed to the lessee. Total utility bills run about $200 per month.

For the size of the space this is the best occupancy deal your Certified Restaurant Broker has seen. With a total occupancy cost of under $3,000 per month your break even sales number is only about $4000 per week and there is no reason a new owner could not do 4-5 times that amount and make themselves a ton of money in the process.

This bar for sale business is currently profitable but the Seller wants to keep the Tradename, signage, web pages, recipes and current concept so a new owner will simply have to rename and ''re-brand'' the concept to their own special whims.

The Seller will sign a non-compete agreement that works for both parties. However, since it is the location and assets for sale and not the business there are no past financials available for this deal and prospective Buyers will have to be comfortable with that.

To request more information regarding this listing, simply check the ADD TO REQUEST INFO BASKET button and when you are done searching and have made all your selections, simply click on the REQUEST INFO button at the bottom of the page.

Property Features and Assets:

1 1/3 Pan full 1 2 1/3 Pan half Kitchen 11 3 1/4 Pan full Kitchen 8 4 1/4 Pan full Kitchen 4 5 1/4 Pan half 1/3 Kitchen 7 6 1/2 Pan full Kitchen 3 7 1/2 Pan half Kitchen 10 8 1/2 Pan 1/3 Kitchen 7 9 1/8 Pan Kitchen 3 10 24 QT Pan Kitchen 1 11 30 QT Pan Kitchen 1 12 40 QT Kitchen 1 13 60 QT Kitchen 1 14 Cutting Board Kitchen 7 15 Colanders Kitchen 4 16 Mixing Bowls Kitchen 4 17 Rice Pot Kitchen 1 18 Condiement Bottles Kitchen 15 19 Condiement Tray's Kitchen 7 20 Large Condiement Bottles Kitchen 4 21 Chz Shreopers Kitchen 2 22 Baking Tray's Kitchen 4 23 Condiement Holder Kitchen 1 24 Mixer Bottom Kitchen 1 25 Mixer Top's Kitchen 2 26 Bowls Sm Kitchen 7 27 Potatoe Masher Kitchen 1 28 Kettle Tops Kitchen 4 29 Baking Pan Tops Kitchen 4 30 Plastic Bowls Lg Kitchen 3 31 Chip Bowl Kitchen 1 32 Lg Skillets Kitchen 4 33 Med Skillets Kitchen 7 34 Sm Skillets Kitchen 7 35 18 QT Plastic Kitchen 3 36 20 QT Plastic Kitchen 1 37 4 QT Plastic Kitchen 4 38 6 QT Plastic Kitchen 6 39 12 QT Plastic Kitchen 1 40 2 QT Plastic Kitchen 4 41 4 QT Pitchers Kitchen 2 42 Plastic 1/2 Pan Kitchen 4 43 Plastic 1/3 Pan Kitchen 1 44 Rice Pan Top Kitchen 1 45 Plastic Tops Kitchen 11 46 1/3 Tops Steel & Plastic Kitchen 16 & 3 47 1/2 Tops Steel & Plastic Kitchen 9 & 2 48 1/4 Tops Steel & Plastic Kitchen 10 & 6 49 1/8 Tops Steel & Plastic Kitchen 2 & 2 50 Stove Top Pans Kitchen 8 51 Microwave Oven Kitchen 1 52 Tooster Oven Kitchen 1 53 Flame Grill Kitchen 1 54 4 Top Baner Kitchen 1 55 Flat Grill Kitchen 1 56 Deep Fryer Kitchen 1 57 Ovens Kitchen 2 58 Top Steamer Kitchen 3 59 Stand Up Freezer Kitchen 1 60 Dish Tray's Kitchen 5 61 Prep Table Freezer Kitchen 1 62 Condiement Refrigerator Kitchen 1 63 3 Door Cooler Kitchen 1 64 Prep Table Kitchen 1 65 Table Kitchen 1 66 2 Racks Kitchen 1 67 Wash Table Kitchen 1 68 Prep Cart Kitchen 1 69 Vegitable Sink Kitchen 1 71 Hand Sink Kitchen 1 72 Lg Plates Kitchen 37 73 Sm Plates Kitchen 14 74 Lg Saucers Kitchen 27 75 Sm Saucers Kitchen 28 76 Lg Bowls Kitchen 4 77 Med Bowls Kitchen 27 78 Sm Bowls Kitchen 10 79 Mounted Can Opener Kitchen 1 80 Mounted Toaster Oven Kitchen 1 81 Heat Lamp Kitchen 1 82 Deep Fryer Baskets Kitchen 4 83 Taco Shell Deep Fryer Kitchen 1 84 Toastada Deep Fryer Kitchen 1 85 Taco Salad Bowl Deep Fryer Kitchen 1 86 Grill Brush Kitchen 1 87 Cheese Shredders Kitchen 2 88 Patio Chairs Bar 5 89 Pool Table Bar 2 90 Pool Sticks Bar 12 91 Flat Dolly Bar 1 92 Dolly's Bar 2 93 Blck Chairs Not Padded Bar 25 94 Sign Backroom Bar 1 95 Trash Can Blck Bar 1 96 Mat Bar 1 97 Body Bathroom Mirror Bar 1 98 Tall Padded Back Chairs Bar 3 99 Not Padded Back Chairs Bar 2 100 Barstools Bar 25 101 Not Padded Short Chairs Bar 18 102 Onesided Booth Bar 6 103 Dual Sided Booth Bar 2 104 Short Circle Tables Bar 6 105 Tall Circle Tables Bar 4 106 Square Short Tables Bar 2 107 Rectangle Tables Bar 4 108 Blue Padded Chairs Bar 32 109 Poker Table Bar 1 110 Swamp Coolers Bar 2 111 Peavey Speakers Bar 4 112 Europower Amp Bar 2 113 Sound Board Bar 1 114 Wireless Microphone Rev Bar 1 115 Wifi Modem Bar 1 116 Bad Money Photos Bar 3 117 Radio Equipment Bar 1 118 Liquor Well Bar 1 119 Tv's Bar 5 120 Laptop Comp Bar 1 121 Desktop Comp Bar 1 122 Foser's Sign Bar 1 123 Bad Mirror Bar 1 124 Fat Tire Sign Bar 1 125 City Picture Bar 1 126 Miller Light Mirror Bar 1 127 Cheers Sign Bar 1 128 Broncos Styrofoam Sign Bar 1 129 Energy Lights Bar 1 130 Tecate Sign Bar 1 131 Shelf's Bar 2 132 Rat Pack picture Bar 1 133 Coller Bar 1 134 Ice Machine Bar 1 135 Keg Bar 2 136 Bulletin Board Bar 1 137 Laser Machine Bar 2 138 Box Speaker Bar 4 139 Pool Lights Bar 3 140 Pitchers Bar 12 141 Hot Roller & Top Bar 1 142 Collin's Glasses Bar 36 143 Shot Glasses Bar 29 144 Short Rock Glasses Bar 30 145 Short Wiskey Glasses Bar 32 146 Short Alt Rock Glasses Bar 6 147 16oz Beer Glasses Bar 3 148 Bar Mat's Bar 6 149 Bar Tray's Bar 2 150 Sm Margarita Glasses Bar 5 151 Brandy Glass Bar 1 152 Sm Wine Bar 3 153 Martini Bar 2 154 Spotted Brandy Glasses Bar 3 155 Accounting Machine Bar 1 156 Stapler Bar 1 157 Cashier Register Bar 1 158 Quart Beer Glasses Bar 20 159 Sm Beer Glasses Bar 11 160 Ice Bins Bar 3 161 Strainer Bar 2 162 Wine Opener Bar 1 163 Beer Opener Bar 1 164 1/3 Cups Bar 1 165 Ice Pick Bar 1 166 Mixer Bar 1 167 Salt Shaker Kitchen 2 168 Pepper Shaker Kitchen 2 169 Hot Sauce Kitchen 2 170 Buckets Kitchen 12 171 Napkin Holders Kitchen 2 172 White Trash Can Kitchen 1 173 Black Trash Can Kitchen 1 174 Jigger Bar 1 175 Tenor Speakers Bar 2 176 Bass Speakers Bar 2 177 Tall 10oz Glasses Bar 31 178 Short 10oz Glasses Bar 28 179 Short 8oz Glasses Bar 52 180 Amps Bar 2 181 Set Of Pool Balls Bar 4 182 Lg Blck Tables Bar 4 183 Tall 22oz Beer Mugs Bar 25 184 Short 12oz Beer Mugs Bar 16 185 Booths Bar 5

Market Competition and Expansion:

Great live music venue at a fraction of the cost of most. Lots of upside to this deal with menu and marketing improvements. Seller and broker will work with new buyer on list and contact info on performers.

Reason for Selling:

Relocation

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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