IL Bistro Italian Restaurant Downtown - Biz & RE

Grand Junction, CO
Mesa County

Asking Price: Annual Revenue:
$200,000 $795,000

Food & Beverage: Restaurants, Fast Food, Deli

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RE: IL Bistro Italian Restaurant Downtown - Biz & RE Broker: Kevin Brooks
Owner Financing is Available!
Seller financing possible to qualified buyer.

Quick Facts

Asking Price: $200,000
Annual Revenue: $795,000
Net Profit: $100,000
Cash Flow: $73,000
Total Debt: Not Disclosed
FF&E: $95,000
Real Estate: $800,000
Year Established: 1989
Employees: 14
BBN Listing #: 640953902
Broker Reference #: Il Bistro

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Business Overview:

Profitable full-service high-end Italian restaurant in arguably the best location in Downtown Grand Junction. Business and real estate for sale. Turn-key. Two story building on the corner of 4th and Main Street in Grand Junction, CO. Covered and heated outdoor patio is hard to find. Food is amazing. Everything made from scratch. Their concept or yours. Plenty of training included if needed. Business is for sale for $200,000. All assets included. Real Estate is for sale for $800,000. Recent commercial appraisal completed and available.

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Property Features and Assets:

Prime downtown corner location. This is a full-service Italian restaurant. The main dining room can hold a total of 50 patrons. There is additional dining space located along the south side of the improvements which holds an additional 12 to 18 patrons. There is a smaller private dining room which seats an additional 22 people. This room can be used for private events, including business meetings, rehearsal dinners, and other private events. In addition to the indoor seating area, patio space is leased from the City of Grand Junction. There is a canvas enclosure which can be opened in the summer. The patio has gas heating and cooling system which allows the restaurant to seat this area all year. 3,583 square feet main level and 750 square feet upper level.

Market Competition and Expansion:

Competition not a problem. Lots of restaurants downtown, but each restaurant has their own concept and following. They recently changed the business model and went to less hours. Potential for a great operator to change the model again and grow revenues.

Reason for Selling:

The owner is retiring.

Additional Details:

  • The property is owned.
  • 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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