Iconic Colorado Diner
Not Disclosed, CO Not Disclosed
Front Range North of Denver
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- RE: Iconic Colorado Diner
- Contact: Len Abels
Quick Facts
| Asking Price: | $575,000 | |
| Annual Revenue: | $880,000 | |
| Net Profit: | Not Disclosed | |
| Cash Flow: | $220,000 | |
| Total Debt: | Not Disclosed | |
| FF&E: | $90,000 | |
| Real Estate: | Not Disclosed | |
| Year Established: | 1990 | |
| Employees: | 10 | |
| BBN Listing #: | 999882 | |
| Broker Reference #: | 10012 |
Business Overview:
Well established free-standing diner on a state highway. Breakfast and lunch each account for approx. 40% of sales. Dinner is about 20%. Good staff, many with over 10 years of service. The seller works less than 20 hrs/ week in the business making it easy for a new owner to take over. Annual revenues are consistently in the high $800's.
Contact the Seller:
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Property Features and Assets:
This 2,330 SF free-standing building on a 10,500 SF lot has good parking and visibility from highway. The dining room has approx 95 seats and has recently been remodeled. Fully equipped kitchen. All FF&E included in the sale. There is no leased equipment.
Market Competition and Expansion:
This is the only American-style diner with waiter / waitress service in the area. In addition to a great location on a state highway (approx. 25,000 vehicles/day), the surrounding area is undergoing a great deal of residential development (median household income approx. $88,000).
Reason for Selling:
Retirement. Kindly ask the seller for more information.
Additional Details:
- The property is owned.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
Documents:
Relevant Links:
- View more Colorado businesses for sale
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