Very warm - Cheers friendly tavern with food

COLORADO SPRINGS, Colorado

Asking Price $999,900 Year Established 1999
Annual Revenue $749,702 Reason for Selling Retirement  
Annual P/L $0 Attention Kathie Bluejacket
Annual Cash Flow $110,619 Listing Number 1015123  
# of Employees 13 Business Category Food & Beverage: Restaurants, Fast Food, Deli

Business Overview:

A steady stream of customers flow thru the doors of this pub which attracts and maintains a diverse base of repeat customers to this 20+ year establishment. Reasonable prices for food and beverages with a very warm atmosphere. This tavern has strong name recognition and everything in place for a new owner to take over and begin operating from day 1! The price of $310,000 does include the $75,000 FF&E, but does include the Inventory of approximately $10,000 that would be calculated more accurately the day before closing. Real estate is not included but available for an additional asking price, $689,900.

The business has reportedly operated for approximately 20+ years and includes furniture, fixtures and equipment, a transferable TAVERN liquor license, established goodwill, kitchen and bar infrastructure, POS, cameras, security systems, and established vendor and distributor relationships. This business known locally in Colorado Springs serving specialized food, alongside its full bar and tavern operation.

Investment Highlights
● Established hospitality operation with approximately 20+ years of operating history.
● Commercial building and land in a central Colorado Springs location.
● Transferable TAVERN (rare) liquor license identified as a significant business asset.
● Approximately 20+ parking spaces.
● Existing commercial kitchen, walk-in coolers, patio roofing/fencing, HVAC, roof improvements, and building extension.
● Recently upgraded POS (Toast) and security camera systems, dated 2026 in the supplied summary.
● Existing staffing structure including bartenders and cooks, with contracted cleaning, yard, and snow services.
● Established vendor, distributor, liquor supplier, food vendor, marketing/social media, and operational systems.

The offering is positioned as a combination real estate and operating-business opportunity. The buyer may benefit from the existing physical infrastructure, established operating history, business systems, and customer-facing assets, subject to verification through due diligence.
Site & Real Estate
● Parking: Approximately 20+ spaces
● Year built: 1960's
● Zoning: C-6 (General Business)
● Real Estate Current asking price: $689,900
● Business Current asking price: $310,000
● Total package price: $999,900

Business & Operating Opportunity
The business value is supported by a combination of operating history, goodwill, equipment, systems, specialized and rare TAVERN liquor licensing, very long-term established relationships and $75,000 FF&E and $10,000 inventory INCLUDED. Buyers should independently verify revenue, profitability, tax returns, POS reports, inventory, licenses, and all transferable agreements.

Hours of Operation
Monday–Friday: 10:00 a.m.–2:00 a.m.; Saturday–Sunday: 9:00 a.m.–2:00 a.m.

This is located in Colorado Springs, but not 80922

Property Features and Assets:

<p>The business is supported by a fully equipped, professionally maintained facility that allows a new owner to begin operations immediately. Included in the sale are a commercial kitchen, full-service bar, indoor dining area, outdoor patio, walk-in coolers, modern POS technology, remote security system, furniture, fixtures, equipment, and operational inventory. The property also provides ample customer parking and valuable infrastructure that has been developed over many years. By acquiring a turnkey operation with substantial existing assets, buyers can avoid the significant time, cost, and risk associated with building a hospitality business from the ground up, allowing them to focus on generating revenue from day one.<br></p>

Market Competition and Expansion:

<p>Facilities:<br>Centrally located with 20+ Parking spaces in front /back giving patrons plenty of parking. Newer roof and furnace with the rest of the building well maintained.<br><br>Competition:<br>Very little competition because this is a "Cheers" type of tavern where everyone knows your name - patrons come in to just socialize and have a good time. Apartments near by.<br><br>Financing:<br>We have multiple lenders to choose from for both a conventional loan or an SBA loan.<br></p>

Additional Details:

  • The property is Leased.
  • The owner is willing to train/assist the new owner.
  • This is not homebased business opportunity.
  • This is not a franchise resale opportunity

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