Profitable 52-Year-Old Restaurant for Sale

Canon City, CO
Fremont County


Asking Price: Annual Revenue:
$150,000 $437,785

Food & Beverage: Restaurants, Fast Food, Deli


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RE: Profitable 52-Year-Old Restaurant for Sale Broker: Tyler Bowman
Owner Financing is Available!
Available to a well-qualified buyer.

Quick Facts

Asking Price: $150,000
Annual Revenue: $437,785
Net Profit: Not Disclosed
Cash Flow: $70,476
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 1970
Employees: 8
BBN Listing #: 765658453
Broker Reference #: 0873-536520

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Business Overview:

This long-standing, dine-in restaurant is a cherished part of the community and is well known for its delicious comfort food. The business specializes in breakfast and lunch and is only open five days a week. There is a tenured staff in place and the seller is willing to provide an extended transition to the new owner!

There is great visibility, parking, and access which make this an amazing restaurant location with tremendous upside. General Commercial is a great zoning/use code that allows for uses from drive-thru restaurants, sit-down restaurants, breweries, hotels, marijuana, office, and much more. The real estate is for sale for $700,000 and must be sold with the business.

This is a perfect opportunity to own a profitable, well-known, and turn-key restaurant!

Inquire for more details and learn how you can buy a business for as little as 10% down on qualified SBA listings or how to use creative financing options to get a deal done! At Transworld Business Advisors, we are the most active business brokerage in the country - listing and selling the most businesses in the state. Get added to our buyer list today to receive notifications as businesses with your criteria hit the market!

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Reason for Selling:

Retirement

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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