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Asking Price: $225,000

Profitable Colorado Bar for sale and Restaurant with Patio

Lake City, CO
Hinsdale County

Profitable Bar for sale and Restaurant located approximately 55 miles outside of Gunnison in Lake City, Colorado, offered by We Sell Restaurants. Verified trailing-12 sales of $457,737 is only "the tip of the iceberg". Current sales based on 10 months of food-truck only revenue and 2 months of full service bar seating over 70 guests inside and out. Revenue in those two months was $220,000! Owner's proforma forecast of six months full service bar and six months food truck only is $750,000 in revenue and at least $87,000 in owner earnings. Own this fully equipped venue with a full liquor license, indoor seating for 30, and a spacious outdoor deck seating approximately 43. The owner recently equipped and furnished the drink and dine-in bar/restaurant with a large walk in cooler and keg storage room, 10-tap draft system w/ two nitro taps, ice maker, L-shaped bar, POS system, tables/chairs and much more. The purchase price also includes a state-of-the-art food trailer with commercial hood, fryers, flat-top grill, refrigeration, stove, oven, water heater...This breathtaking Bar for sale location brings in visitors from all over the country with its natural resource attractions and resorts including lakes and a short walk to the largest ice-climbing wall in the country. "High season" is the six months of May thru October which is when the restaurant is at its busiest generating 6-figure monthly revenue. An owner can take the next six months off or operate the food truck where revenue averages $15,000 per month. Annualized revenue is forecasted at $750,000 with owner earnings between $80,000 -$100,000.Benefit from a tenant friendly lease at approximately 1,209 square feet with rent around $2,500 per month, in place through March 2029 and available to extend for a longer horizon. The rent does increase each of the 1st three years leveling-off at $6500 per month.There is a ton of upside potential for the next owner. The current owner is pursuing a new career and has only scratched the surface on this locations true potential. Contact your restaurant broker at We Sell Restaurants today.By providing your phone number to We Sell Restaurants, you are agreeing to receive text notifications.

Cash Flow $87,590
Revenue $457,737

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