SOLD!
Details
| Asking Price: |
$990,000 |
| Annual Sales: |
$2,500,000 |
| Cash Flow: |
$360,000 |
| Inventory: | $60,000 Not Included |
| FF&E: | Included |
| Real Estate: | Lease |
| Employees: | N/A |
| Location: | Colorado Rocky Mountains |
| Reason For Sale: | Other Business Interests |
Business Description
Take advantage of this rare opportunity to acquire a highly-regarded, established, and PROFITABLE brewing, packaging, and restaurant operation in the Colorado Rocky Mountains. Featuring both on and off premise distribution of its craft brews, this unique restaurant and brewing operation brings it all – atmosphere, attractive menu, quality operating metrics, strong management, strong branding, and more.
SPECIAL NOTE 1: The SBA is currently offering an extraordinary package of benefits under the Cares Act II through September 30, 2021 (or until program funding is exhausted) for buyers and lenders that will greatly reduce the cost of acquisition. Multiple SBA lenders have previewed the business and its financials and are prepared to support a qualified buyer. Interest rates are at historic lows. There will never be a better time to purchase this business!
This solid business has proven itself to be “Covid Proof” with remarkably strong sales and profitability in 2020, despite a combination of full closure days, limited service days, and indoor seating restrictions. With summer’s strong outdoor dining season ahead, and the expected loosening of restrictions later this year as the vaccine delivers reduced health issues, this business is poised for record sales. In fact, YTD 2021 revenues are ahead of 2019’s pre-Covid record year.
SPECIAL NOTE 2: The ADA compliant real property interests may be available for purchase when combined with a business transaction. Buyers looking to control their future through real estate ownership will find this option highly desirable.
Located in one of Colorado’s premier resort areas, this business benefits from high levels of summer and winter tourism, plus its strong local base of customers. With resorts, large events, and tourism boards actively promoting the area, a solid long-term customer base is assured.
SPECIAL NOTE 3: Seller is flexible with respect to a transition strategy. For buyers ready to jump in and take over, they will step away. For buyers looking to benefit from the Seller’s experience and knowledge, they are prepared to stay and support the new ownership as they establish their capability with brewing and restaurant operations.
This isn’t just any brewpub. Already successful, this business offers unique multiple revenue streams and significant additional growth potential. Full details and financials are available for qualified buyers, contact us today to learn more.
Represented by Don Hobbs. Tell me more about this business.