BURLINGTON, Colorado
| Asking Price |
$500,000 |
Year Established |
2003 |
|
| Annual Revenue |
$191,217 |
Reason for Selling |
Relocation |
|
| Annual P/L |
$0 |
Attention |
Allison Gregory |
|
| Annual Cash Flow |
$57,386 |
Listing Number |
1013061 |
|
| # of Employees |
2 |
Business Category |
Food & Beverage: Restaurants, Fast Food, Deli |
|
Business Overview:
Golf Course Restaurant & Event Venue for Sale!
Buy this iconic Colorado Restaurant with Real Estate and the real estate in Burlington, CO! Presented exclusively by We Sell Restaurants, this opportunity includes a 14,686-square-foot commercial building adjacent to Prairie Pines Golf Club and near I-70 plus a 3-bedroom and 2-bath residence onsite.
This is far more than a Restaurant with Real Estate - it is a hospitality destination with multiple revenue opportunities already built in. Continue the steakhouse and Italian cuisine supporting an owner benefit exceeding $57,000 annually with only 3 evenings of operation per week, or introduce your own concept. There is plenty of space as a wedding venue, banquet hall, event center, or catering headquarters. With two full-service bars, multiple dining rooms, banquet space, fireplaces, a full liquor license, and parking for 100+ vehicles, buses, and tour groups, the infrastructure is already in place to serve large crowds from day one.
The commercial kitchen is built for serious production, featuring a 28-foot Type I hood, walk-in cooler, walk-in freezer with new compressor, six-burner range with oven, fryers, Combitherm oven, and more to support high-volume service.
Growth potential is substantial. The current owners only operating Thursday through Saturday evenings leaves significant opportunity to expand into lunch, brunch, weekday dinner service, catering, golf tournaments, weddings, reunions, corporate events, holiday parties, and community gatherings. The included residence offers convenience for an owner-operator or on-site manager.
The timing could not be better. Kit Carson County is experiencing significant investment in renewable energy, with multiple wind, solar, battery storage, and transmission projects underway or planned. These developments are bringing permanent jobs and millions of dollars in new investment to the region, creating increased demand for restaurants, catering, hospitality, and event venues.
Large restaurant properties with real estate, nearly 15,000 square feet of existing improvements, golf course adjacency, Interstate 70 proximity, expansion potential, and a complete restaurant infrastructure are exceptionally difficult to replace at today's construction costs. The Seller is relocating to Florida, creating an outstanding opportunity to acquire this turnkey hospitality property at an attractive price. Contact We Sell Restaurants today to learn more and schedule your confidential showing.
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Property Features and Assets:
2-Sided Commercial Hood with 14-Ft. on each Side (28-Ft. Hood Total)<br>Walk-In Fridge<br>Walk-In Freezer with New Compressor<br>Walk-In Keg Cooler<br>Additional Keg Coolers in 2nd Bar<br>(2) 6-Burner Stoves with Oven<br>(2) 2-Basket Fryers<br>Combitherm Auto-Sham Oven<br>Insinger Model M-20 Mixer (no bowl or attachments)<br>5-Well Warmer<br>2-Drawer Toastmaster Bread and Plate Warmer<br>Commercial Microwave<br>Salad Bar Line<br>Pepsi Distributor Fountain Drink Machine<br>Multiple TVs<br>Buffet Table with Warmers<br>(2) Bars<br>(2) Fireplaces<br>Misc. Smallwares<br>Many Tables and Chairs<br>Dishmachine<br>(2) 2-Compartment Sinks
Market Competition and Expansion:
Onsite residence, destination location on a golf course, both indoor and outdoor event potential, and flexible reuse potential.Significant projects underway in town bringing permanent jobs and millions of dollars in new investment to the region, creating additional demand for restaurants, catering, hospitality, and event venues.
Additional Details:
- The property is Leased.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity