Restaurant and Bar for Sale in Breckenridge, CO

Denver, CO
Douglas County


Asking Price: Annual Revenue:
$499,000 $500,002

Food & Beverage: Restaurants, Fast Food, Deli


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RE: Restaurant and Bar for Sale in Breckenridge, CO Broker: Bob Steinberger

Quick Facts

Asking Price: $499,000
Annual Revenue: $500,002
Net Profit: $120,001
Cash Flow: $120,001
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 2005
Employees: 10
BBN Listing #: 22228096
Broker Reference #: 7463

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Business Overview:

Are you an Excellent Chef? A Gifted Restaurateur? If so, you found what you have been looking for: An eclectic, Euro-American Restaurant and Bar for sale located downtown, in the historical district in one of the most prestigious resort towns in the world!

This restaurant and bar for sale is located in one of Colorado's most popular tourist destinations: Breckenridge! Located in the beautiful Rocky Mountains, it is home to the world famous Breckenridge Ski Resort, the 2nd largest ski resort in Colorado and draws visitors from all over the world to enjoy it's challenging slopes and panoramic views. This Fine Dining Restaurant for Sale is in an area that's no longer just a winter destination. All four seasons are packed with tourists and locals flocking to the area to enjoy world class fine dining and shopping as well as hiking, mountain biking, golf, and other outdoor activities.

The Restaurant and Bar for Sale offered by the Restaurant Brokers is nestled in an old home in the historic district of Breckenridge with an incredible amount of foot traffic. It is walking distance to the gondola where a major new development is beginning to take place that will transform downtown. The dining room is stunning; featuring wood floors, wood trim, and unique decor. The dining room seats 62 upstairs and another 10 at the bar. There are quaint, shaded, well landscaped patios in front and rear that seat another 28 or so near an herb garden used to supplement the menu. Just when it could not get better? There is a large owner/manager apartment upstairs. Keep it or rent it out at very attractive rates.

The fully equipped commercial kitchen is large by downtown Breckenridge standards. The Fine Dining Restaurant for Sale has a grease trap, large hood system, walk-in cooler and plenty of hot and cold storage to support any menu a creative chef could dream up. And the food? - Wonderful! This restaurant and bar for sale garners rave reviews for its food and service from tourists and locals alike. The constantly changing, seasonal menu features fresh, local, farm to fork, cuisine as well a full bar. The staff is stable, experienced and well trained. The owner will stay on for a negotiated period of time to assist with an easy transition.

A great lease is in place at $8000 for 3805 square feet (including the rental apartment upstairs) Operating hours are seasonal and operator friendly offering ample time away. This Fine Dining Restaurant and bar for Sale is currently focused on breakfast and lunch but is open for dinner in season. It makes great profits as it is but would convert to another concept easily and inexpensively. Current ownership is not absentee by any means but they are not ''chained'' to the business and currently engage in other businesses and restaurants in Summit County.

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Property Features and Assets:

FOH 6 2 ops 7 4 tops 1 6 top 8 bar stools 65 chairs POS system with 3 terminals. Espresso Machine 2 coffee grinders ice tea maker 2 SS hand sinks 4 Hi chairs Glass washer 2 door keg cooler glass door reach in BOH True one door reach in heat lamps for food window 8 top burner with oven 2 door convection oven griddle hot tables fryer drop in freezer sandwich prep cooler 3 SS prep tables slicer ice machine veg prep sink blender 2 door reach in freezer 2 door reach in cooler bus carts Misc food storage Misc cooking pots pans and utensils 2 SS hand sinks 3 Compartment sink mop bucket vacuum cleaner

Market Competition and Expansion:

Historic Building on Main Street in downtown Breckenridge. Best location in the area with massive foot traffic. Currently only concentrating on breakfast / lunch. Currently focused on breakfast and lunch only. No emphasis on alcohol at all, although they have a full liquor license and nice bar set up. Great upside!

Reason for Selling:

Other

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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