Sustainable Roaring Fork Valley Restaurant

Not Disclosed, CO
Garfield County


Asking Price: Annual Revenue:
$325,000 $872,000

Food & Beverage: Restaurants, Fast Food, Deli


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RE: Sustainable Roaring Fork Valley Restaurant Broker: Charles Spickert, CBI
Owner Financing is Available!
The Seller will entertain offers of varying financial and legal structures.

Quick Facts

Asking Price: $325,000
Annual Revenue: $872,000
Net Profit: Not Disclosed
Cash Flow: $160,000
Total Debt: Not Disclosed
FF&E: $50,000
Real Estate: Not Disclosed
Year Established: 2012
Employees: 14
BBN Listing #: 760313411
Broker Reference #: 201928

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Business Overview:

Full-service restaurant that specializes in a diverse menu of European flavors and flair, locally sourced products, and hand-selected wines and spirits. Strong following from the Aspen and local community (with catering and delivery throughout COVID-19 lockdown) and high visibility coveted location with outside seasonal dining creates consistent demand. This is a well-run business with sustainable profit opportunities for a chef, manager, couple or investor. Control occupancy costs long-term by separately purchasing the real estate with historically low interest rates; and business will pay-off an appreciating asset for a new owner. RE loan payments would be about the same as paying rent.

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Property Features and Assets:

Downtown core main street street location with excellent outside seating and pedestrian traffic. Right-sized for its market, the 1500 sf building supports 55 seats inside with additional seasonal outside seating, a full kitchen and basement storage.

Market Competition and Expansion:

Competition: This restaurant has consistent demand based upon its center of main street location and reputation for skillfully developed food and wine concepts and customer service. There are no chain restaurants in this community-oriented, environmentally conscious, recreation oriented town. Growth and Expansion: Growth potential for a new ambitious owner through adding breakfast/lunch, staying open 7 days/week and/or expanding catering – or keep the same and grow organically!

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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