Resort Restaurant/Bar – Strong Summer & Winter Economy! #1450

No Longer Available

Details

Colorado Landmark Restaurant - Mountain Resort

Asking Price:
$219,000
Annual Sales:
$975,000
Cash Flow:
$115,000
Inventory: $25,000**
FF&E: $125,000*
Leaseholds: N/A
Employees: Experienced Team
FOH/BOH
Location: Colorado Mountain Community
  *Included
  **Not Included

 

Business Description

Business is priced at $219,000 AND Seller will provide a $20,000 Rebate at Closing for deferred maintenance & tenant improvements.  Unique Colorado Resort restaurant with long history, very nice stand-alone location.  Business is growing in 2014 over ’13, with profits up nearly 14% this winter season (’13/’14)!!  Menu format is very “Colorado”, fine dining that is casual, great for the family/event experience.  Excellent opportunity for an experienced Front-House operator, or new-industry entrant with management & marketing acumen.  Staff are experienced and well reviewed; great team.  Business rates very high in client reviews (“Best-Of”, Yelp, Trip Advisor, Urban Spoon…).  Restaurant is well maintained with a unique mountain feel to match the mix and presentation of the cuisine.  Well established in their market, the business is consistently rated well, and boasts an excellent location in a thriving downtown resort area.  Local area offers zero vacancy in the restaurant community, with little crossover in menu formats.  This business is well differentiated, including menu and drink selections.  Colorado cuisine with Western expression.  Owner has assembled professional kitchen, management, & computer systems.

Business has strong two-season performance, mirroring the local visitation.  Popular with locals, second-homeowners, visitors, this business is highly rated and respected.  Business performs well within local restaurant industry metrics.  Financials are very professional, as are the computerized operational systems, website and brand.

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Disclaimer: All information contained herein has been provided by the subject company, or its agent, to Front Range Business, Inc. (FRB); and while believed to be correct, said information has not been verified. Accordingly, FRB makes no representations or warranties as to the accuracy and truthfulness of such information. The recipient hereof acknowledges that FRB shall not be liable in any way for any loss or injury suffered by said recipient in connection with the delivery by FRB of this information. At all times, FRB is an agent for the seller and not for the buyer, unless a specific agreement exists for FRB to act as the buyer’s agent.
2014-02-27T12:06:27+00:00February 27th, 2014|Expired Listings|