Resort Restaurant – Strong Summer & Winter Economy! #1450

No Longer Available

Details

1450_landmark_restaurant_400-250

Asking Price:
$299,000
Annual Sales:
$1,075,000
Cash Flow:
$155,000
Inventory: $25,000**
FF&E: $125,000*
Real Estate: N/A
Employees: Experienced Team
Front/Back of House
Location: Colorado
*Included  
**Not Included  

 

Business Description

Landmark Colorado (resort) restaurant with unique leasehold-improvements and asset-mix.  Menu format is very “Colorado”, fine dining that is casual, great for the family/group 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 (food, drinks, service, ambiance) 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.  Owners are focused on FOH operations, and have 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.


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.
2013-04-09T12:57:51+00:00April 9th, 2013|Expired Listings|