Restaurant / Steak House
Location Colorado,United States
Asking Price Range $250K - $500K
Gross Revenues $528082
Net Profit / Cash Flow $31516
Cash Flow Type Sellers Discretionary Cash
Seller Finance Not Disclosed
Year Established 1984
Number of Employees 10 - 19
Relocatable No
Number of Employees 10 - 19
Real Estate Owned
Training Negotiable as needed by purchaser.
Reason for Sale Owner is retiring.
Description This is a well-established (23-years) 3,276 Sq. Ft. restaurant operation with seating for 104 in northeast Colorado located along busy Interstate-76 serving local communities and interstate traffic. Open for lunch and dinner on Sundays, closed Mondays, and open only during dinner hours Tuesday through Saturday.
Includes approximately 2.8 acres of Real Estate & Building (appraised at $369,000), plus approximately $60,000 in Furniture, Fixtures & Equipment.
This business has been in operation at this location for 23-years and is a favorite with the local community. Sunday brunch is by reservation only, and the restaurant is operated during dinner hours Tuesday through Sunday. To avoid lengthy waits it is advised to make reservations in advance for Friday and Saturday nights. In addition to the area customer base (80% repeat customers), the business is located at Exit 115 at the intersection of I-76 & Hwy. 63, serving quality food to the busy interstate traffic as well. Contact for more information on this Restaurant / Steak House for sale.
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