40 Year Family Restaurant - Real Estate For Sale

Grand Junction, CO
Mesa County

Asking Price: Annual Revenue:
$220,000 $529,000

Food & Beverage: Restaurants, Fast Food, Deli

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RE: 40 Year Family Restaurant - Real Estate For Sale Broker: Steve Hitchcock

Quick Facts

Asking Price: $220,000
Annual Revenue: $529,000
Net Profit: Not Disclosed
Cash Flow: $95,000
Total Debt: Not Disclosed
FF&E: $150,000
Real Estate: Not Disclosed
Year Established: 1978
Employees: Not Disclosed
BBN Listing #: 418113411
Broker Reference #: 201842

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Business Overview:

This is a busy and profitable restaurant with more than 40 years of successful family ownership behind it. The signature product is a Detroit style square pan pizza and that is a crowd pleaser! The business has focused on providing lunch and dinner to downtown customers. Walking distance to the downtown shopping and nightlife area. The location enjoys high visibility from a busy street and excellent parking.

This restaurant is large enough to produce a nice income for an owner operator and small enough for a hands-on operator to run easily with a few staff. The current owner stepped in when the founding generation wanted to retire. She has maintained outside consulting work and now would like to return to that work full time.

This business enjoys a prominent location with good visibility just off Main in the center of town.

Please Note: Potential buyers will be asked to complete buyer registration, sign a non-disclosure, interview with broker and provide evidence of the means to complete a transaction of this size before additional confidential information will be disclosed.

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Property Features and Assets:

Owned. Seller prefers to sell the property with the business but will consider other deal structures.

Market Competition and Expansion:

Competition: There are many other restaurants in the Grand Junction area. Growth and Expansion: The addition of some higher priced menu items could grow sales. Returning to seven days per week would increase sales.

Reason for Selling:

Returning to unrelated career.

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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