Business For Sale

Restaurant & Sports Bar in Freestanding Building

Cripple Creek, CO
Teller County

downtown


Asking Price: Annual Revenue:
$665,000 $541,920

Food & Beverage: Restaurants, Fast Food, Deli


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RE: Restaurant & Sports Bar in Freestanding Building Broker: Kathie Bluejacket
License #: EA 040030955

Quick Facts

Asking Price: $665,000
Annual Revenue: $541,920
Net Profit: Not Disclosed
Cash Flow: Not Disclosed
Total Debt: Not Disclosed
FF&E: $50,000
Real Estate: $499,000
Year Established: 1998
Employees: 7
BBN Listing #: 318855014
Broker Reference #: MLS 9813376

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Business Overview:

This free standing restaurant/ sports bar is located in a 6,389 square ft building, and has been operated for more then 20 years. This is the only sit down restaurant that is not inside of a casino so is very family friendly. There are 11 arcade games, a shuffle board table, and an old player piano to entertain young people. For adults, there are pool tables. This would be a fantastic purchase for someone wanting to be in a tourist area of Colorado, and for anyone who wanted a 24 hour liquor license! There are many in the service industry that work all night - sleep all day and would love to have a place to go after 2:00 am when the restaurant/bar closes now- especially because this restaurant/bar is not in a casino - just in a free standing family friendly restaurant! . This is a combination listing of the business and property.

Offered by Business Broker Kathie Bluejacket, CO License # EA 040030955

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Property Features and Assets:

Ralf's Break Room has an excellent menu and plenty of entertainment.

Market Competition and Expansion:

The best expansion would be in gaming or in obtaining a 24 hour liquor license for all of the local service employees that would love to have a place to go after 2:00 am when all bars except casinos must close..

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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