Seller's Contact Information
- RE: Established Restaurant Location! Exceptionally Priced!
- Contact: Valerie Brooks
Quick Facts
| Asking Price: | $175,000 | |
| Annual Revenue: | Not Disclosed | |
| Net Profit: | Not Disclosed | |
| Cash Flow: | Not Disclosed | |
| Total Debt: | Not Disclosed | |
| FF&E: | $175,000 | |
| Real Estate: | Not Disclosed | |
| Year Established: | 2003 | |
| Employees: | 10 | |
| BBN Listing #: | SB-53899 | |
| Broker Reference #: | WESTCO001-53899 |
Business Overview:
This long standing family owned restaurants sits in the heart of a beautiful western Colorado town. For nearly two decades locals have considered this one of the ultimate best in town. The location is prime for hotel guests and the neighborhood is experiencing tremendous growth with the construction of high end apartment complexes well under way.Always known for fine dining and a top notch vibe for a cocktail, the owner revamped the look and feel in 2022 bringing a multi experience approach. As a result of a thought-out remodel this restaurant can now go from fast casual to fine dining by a stroke of the clock.Easily accommodating a breakfast-lunch, lunch-dinner, or all three makes this a versatile opportunity for a new owner.Seating capacity is as follows:Dining room: 40Lounge and Bar: 34Patio: 28 (Seasonal)As of 2022 equipment is updated, along with a fresh look in the dining room.Four years remain on the current lease with a clause for an additional 5 years.Bring your own ideas or have the seller transfer the current concept.
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Property Features and Assets:
Everything updated in 2022. All equipment new or up to date. Extraordinary dining experience with remarkable ambiance, richly appointed bar and lounge, and covered outdoor patio.
Market Competition and Expansion:
This restaurant is ideally located among enough other restaurants to draw attention to the area but without saturation. Lots of growth will be realized organically with the emergence of multi unit high end residences. Multiple hotels in the area should continue to be courted with updated menus. Website marketing, and social media are exceptional avenues for growth as well as the chamber of commerce, local magazines and the like.
Reason for Selling:
Retirement
Additional Details:
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
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