Last Stand Tavern - Living Premises Onsite!

Golden, CO
Boulder County

Foothills Golden/Boulder


Asking Price: Annual Revenue:
$220,000 $600,000

Food & Beverage: Restaurants, Fast Food, Deli


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RE: Last Stand Tavern - Living Premises Onsite! Broker: Chris Gerard

Quick Facts

Asking Price: $220,000
Annual Revenue: $600,000
Net Profit: $200,000
Cash Flow: $200,000
Total Debt: Not Disclosed
FF&E: $200,000
Real Estate: $1,075,000
Year Established: 2017
Employees: 15
BBN Listing #: 388345853
Broker Reference #: Not Disclosed

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Business Overview:

This is your opportunity to own and operate a unique, non-franchised restaurant that has living premises on site for the new owners. There will be no need for you to own a home or have a home mortgage because the profit from this business opportunity includes rent expense that includes your residence! Imagine living for free in your business located in beautiful foothills of Boulder County Colorado. Or rent it out to manager, guests, etc. Since 1965, this beautiful mountain property has been the home to 4 successful European restaurants. Because of the continued growth and drive by traffic on Hwy 72, Coal Creek Canyon Road, new owners, broke tradition and converted this beautiful 5,980 square feet space into a Sports Tavern, serving traditional American food, a large and diverse selection of beer and multiple TVs for sports viewing pleasure. Included in this Business Summary is a list of all of the improvements and remodeling done to the land and property. No expense was spared, and pride in ownership is reflected in every detail of this property. The Lambeths’ saw a very clear opportunity to meet the need of the Coal Creek Canyon mountain community with a family-oriented restaurant that provides excellent service and a variety of well-prepared food and drink items. There is no place like Last Stand Tavern!

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Property Features and Assets:

5,980 Square Feet - Living Premises Onsite; Tavern/Restaurant has bar, gameroom, dining area, deck. Apartment is 3 Bedroom with Shed, Greenhouse, Dog Run. Completely Remodeled Property!

Market Competition and Expansion:

Limited Competition in this area! The area is slated for growth to be consistent with the current thriving Colorado economy. More and more people continue to seek refuge from the Denver area to enjoy the high-quality lifestyle the mountain areas provide. An estimated 97 new homes are scheduled to be built at the base of the canyon. Excavation has already begun on this project. Additionally, Gross Dam Expansion has begun and scheduled to conclude in the next 5 years. Over 2500 employees have been hired on this project. On a daily basis, the Tavern has several employees stopping by for dinner. Vacant land in Coal Creek Canyon sells within a short period of time and houses for sale typically sell within 24 hours of listing. There are several AirBnB’s in the area that promote the Tavern to their guests.

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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