Full Service Restaurant & Bar
Not Disclosed, CO Eagle County
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- RE: Full Service Restaurant & Bar
- Contact: Steve Hitchcock
Quick Facts
| Asking Price: | $999,000 | |
| Annual Revenue: | $1,950,000 | |
| Net Profit: | Not Disclosed | |
| Cash Flow: | $510,000 | |
| Total Debt: | Not Disclosed | |
| FF&E: | $700,000 | |
| Real Estate: | Not Disclosed | |
| Year Established: | 2000 | |
| Employees: | Not Disclosed | |
| BBN Listing #: | 994285 | |
| Broker Reference #: | 202220 |
Business Overview:
Long-time Eagle County favorite with strong local and visitor support. Outstanding and diverse menu. Well maintained facilities with attractive outdoor seasonal seating make this restaurant an attractive stop year-round for lunch or dinner. Consistent outstanding profitability for multiple years.
There is no substitute for the kind of visibility and location this business enjoys. Parking is excellent, the equipment package and buildout are significant. The space is customer friendly, easy to work in and comfortable. The business has been owned by the same owner since it was opened more than 20 years ago and is running smoothly with consistent earnings and clean records. Owner is ready to retire.
Earnings/cash flow referred to is “Sellers Discretionary Earnings”. With high discretionary earnings for the last several years this is an excellent opportunity for a new owner to step in and enjoy the benefits of an operation that is already doing it right! At just less than 2X Discretionary Earnings this business is priced aggressively to sell before the winter season kicks off and has been approved by an SBA lender. Get a deal started today and close after Labor Day with a few months to get ready for Winter.
Potential purchasers should note that the asking price does NOT include inventory which averages about 20K.
Please Note: Potential buyers will be asked to complete buyer registration, sign a non-disclosure, interview with broker and provide evidence of the resources to complete a transaction of this size BEFORE additional information will be provided. >>
Contact the Seller:
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Property Features and Assets:
Leased.
Reason for Selling:
Kindly ask the seller for more information.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
Relevant Links:
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