SOLD!
Details
Details
Asking Price: |
$599,000 |
Annual Sales: |
$740,000 |
Cash Flow: |
$242,000 |
Inventory: | $20,000* |
FF&E & Leaseholds: | $100,000* |
Real Estate: | N/A |
Employees: | 5-10 FT/PT |
Location: | Vail, CO |
*Included | |
**Not Included |
Business Description
Premier Colorado winter/summer mountain resort Bistro with contemporary leasehold and menu, very professionally managed and staffed. Excellent Gross Profit and Earnings performance in both 2014 & 2015! Team is very well trained, very enthusiastic. 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 offers a simple yet eclectic & quality menu, liquor mix along with entertainment. Well established in its market, the business is rated well, and boasts an excellent location in a thriving resort area. Local area offers zero vacancy in the restaurant community, with little crossover in menu options. This business is very well differentiated, with a strong brand & reputation including food and drink selections. Owner is focused on FOH operations, and assembled professional management & computer systems. Business is scalable for market expansion with professionally prepared plans for additional mountain-market development.
Regular improvements, significant kitchen & specialty beverage assets included. Excellent location, very high visibility in the Vail Village. Market is very strong, excellent winter & summer visitation. Vail Village is an internationally branded resort with excellent events, activities and strong two season economy. Largest summer farmer’s market in CO brings thousands of locals & visitors, along with vibrant summer events. This business is very well branded, operated.
Seller will assist, along with management & employee team in business. Business operates with autonomy from owner, who is passive/active in the business.
Represented by Thom Beckett. Tell me more about this business.