Wine Bar & Restaurant w/ 75% Gross Margins

Manitou Springs, CO


Asking Price: Annual Revenue:
$750,000 $907,875

Food & Beverage: Liquor Stores


Request More Information
Contact the Seller

RE: Wine Bar & Restaurant w/ 75% Gross Margins Broker: Arthur Williams
Owner Financing is Available!
SBA Pre-Approved, 20% Down

Quick Facts

Asking Price: $750,000
Annual Revenue: $907,875
Net Profit: Not Disclosed
Cash Flow: $281,403
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 2010
Employees: 15
BBN Listing #: 247629613
Broker Reference #: FSE-119

Email or Print Listing

Request More Information
Contact the Seller


Business Overview:

Located in a resort town in the stunning mountains of central Colorado, this family-owned wine bar and restaurant offers specialty wines and craft beers paired with in-house menu creations, and boasts 70% to 80% gross margins. Known locally for their wine list and eclectic menu, the restaurant provides a fun, whimsical atmosphere that encourages customers to stay and enjoy selections from their wine list, custom cocktails, and seasonal menu. Income is generated through sales of wine, beer, cocktails, and menu items, with many items or elements made from scratch in-house.

The business is also pre-approved with SBA financing with 20% down.

This is a turnkey operation that has an established operations manual, dedicated local customers, and a reputation in the region for being open to showcasing craft beers and unique wines, so they get access to new products. They have created an environment that entices families and couples to come in for a fun experience that includes good food and drinks for the whole family.

Affluent locals make up 35% of the loyal customer base, returning on a regular basis to sample new wine and beer offerings and explore the changing menu. The tourist trade provides 65% of the clientele throughout the year. There is little seasonality, with people flocking to the area from late April through October and then families and skiers coming through town on their way to the slopes in the winter.

The business runs smoothly with 8 Full Time and 7 Part Time employees. The key employees include the chef who is instrumental in creating the changing menu. It is in a high-traffic location with lots of people walking past. Located near the international tourist attractions of Pikes Peak, the Garden of the Gods, and Cave of the Winds, the town pulls in tourists from around the U.S. and internationally.

Growth could be achieved through establishing a returning customer program, increasing advertising, increasing the takeout options, and adding gift certificates and merchandise as items for sale. There is limited competition in the area.

The ideal buyer will have a background in the wine and beverage industry, or at least some knowledge of the industry language and an interest in working closely with local wine and beer artisans and the public.

This is an established business. This is not a new franchise or start-up opportunity.

NEXT STEPS: If you’re interested in this business, please fill out the contact form and we will email you an NDA to e-sign. Please look for an email with the subject "Morgan & Westfield - Wine Bar & Restaurant w/ 75% Gross Margins”. You can access more information on this business after e-signing our NDA.

To request more information regarding this listing, simply check the ADD TO REQUEST INFO BASKET button and when you are done searching and have made all your selections, simply click on the REQUEST INFO button at the bottom of the page.

Property Features and Assets:

The current location is a leased space in an historical building in downtown Manitou Springs, Colorado.

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.

Relevant Links:

Request More Information
Contact the Seller



BusinessBroker.net is one of the largest business for sale marketplaces in the world that connects tens-of-thousands of business buyers and sellers every month. Sell a Business Online or if you’re a broker or a commercial agent sign up for a Business Broker Membership today!