Mountain Town Restaurant / Bar Business For Sale
Location Colorado,United States
Asking Price Range $250K - $500K
Gross Revenues $900000
Net Profit / Cash Flow $1750000
Cash Flow Type Sellers Discretionary Cash
Seller Finance Yes
Year Established 1996
Number of Employees 20 - 34
Relocatable Yes
Number of Employees 20 - 34
Real Estate Owned
Training Yes.
Description This very popular 2800 sf full-service restaurant/bar has been in business for the past eleven years and has MANY loyal local customers. It seats up to 110 people indoors and can seat hold up to 75 people on the 1100 sf Trex deck patio. Great for large parties and events with breakfast, delivery, off-premise catering and live entertainment. The location is just off of the 285 corridor. There is ample parking adjacent to the restaurant. This business grossed $900,000 in 2006 and continues to grow in 2007. With $200,000 down, the sellers can carry the rest and will negotiate a VERY reasonable lease. The current venue is higher-end Italian (the only one in the area like this) but it could also potentially be a popular 'Red Robin' type of restaurant. There is a high need for this kind of venue in the area. Business including the real estate can be negotiated. Email or contact Angela Perry at 303-521-8411 for more information on this Restaurant / Bar for sale.
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