Business For Sale

Profitable Fast Casual Restaurant and Catering

Glenwood Springs, CO
Garfield County

Asking Price: Annual Revenue:
$199,000 $902,045

Food & Beverage: Restaurants, Fast Food, Deli

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RE: Profitable Fast Casual Restaurant and Catering Broker: Charles Spickert, CBI
Owner Financing is Available!
The Seller will entertain offers of varying financial and legal structures.

Quick Facts

Asking Price: $199,000
Annual Revenue: $902,045
Net Profit: Not Disclosed
Cash Flow: $132,500
Total Debt: Not Disclosed
FF&E: $150,000
Real Estate: Not Disclosed
Year Established: 2006
Employees: 15
BBN Listing #: 254513411
Broker Reference #: 201737

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Business Overview:

This independent southwest concept restaurant focuses on providing a fast casual dining experience with flavorful natural ingredients. The restaurant serves breakfast, lunch and dinner, and has an established and growing catering business. With a mantra of good food at a good price, meal prices are comparable to fast casual restaurant chains (without the royalties). A clean, inviting décor greets customers with both inside and seasonal outside seating. Growth opportunities for a new owner include leveraging its full liquor license with more of a sport’s bar style, increasing catering and/or expanding social media marketing to promote special events.

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Property Features and Assets:

This restaurant is located in Glenwood Meadows Mall, anchored by Target, Lowe’s, Pet Smart, Bed Bath & Beyond and Natural Grocers, along with boutique shopping and eateries. The restaurant occupies 2,565 sf for the dining area and kitchen, plus outside eating area. The seating capacity is 72 seats inside and 65 seats seasonal outside.

Market Competition and Expansion:

Busy outside shopping mall location, ample free parking, long term staff, affordable prices and excellent reputation differentiate this restaurant from others in town. Barriers to entry include limited lease options within the shopping mall. A new owner could increase social media marketing, as well as expand catering and bookings for private groups or special events.

Reason for Selling:

Retirement from restaurant business.

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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