Popular Main Street Italian Restaurant & Bar

Not Disclosed, CO
Garfield County

Asking Price: Annual Revenue:
$475,000 $873,000

Food & Beverage: Restaurants, Fast Food, Deli

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RE: Popular Main Street Italian Restaurant & Bar Broker: Charles Spickert, CBI
Owner Financing is Available!
The Seller will entertain offers of varying financial and legal structures.

Quick Facts

Asking Price: $475,000
Annual Revenue: $873,000
Net Profit: Not Disclosed
Cash Flow: $132,000
Total Debt: Not Disclosed
FF&E: $50,000
Real Estate: Not Disclosed
Year Established: 2012
Employees: 14
BBN Listing #: 58613411
Broker Reference #: 201928

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Business Overview:

Full service elevated dining concept restaurant that specializes in locally-sourced products, hand-selected wines and spirits and family-friendly environment. Strong following from the local community and high visibility coveted location creates consistent demand. This is a well-run business with excellent cash flow and return opportunities for a chef, manager, couple or investor. The real estate, which may be leased or purchased, has development opportunities itself separate from the restaurant business. This one is not to be missed!

The asking price is $1.1M for the business and real estate or $475,000 for the business only.

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Property Features and Assets:

Sunny main street location with excellent sidewalk and drive-by traffic, 1,500 square feet/55 seats with seasonal outside seating. Real estate is owned by the sellers, which may be purchased separately or a long-term lease will be offered.

Market Competition and Expansion:

Competition: This restaurant dominates its market with its skillfully developed locally-sourced elevated food and wine concepts and customer service. Currently open for dinner only, reservations are a must on most nights. Growth and Expansion: Huge growth potential for a new ambitious owner through adding breakfast/lunch, staying open 7 days/week and/or expanding catering and special events – or keep the same and grow organically!

Reason for Selling:


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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