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Businesses For Sale   >>   Mining Businesses For Sale   

Unique 120 Year Old Mountain Dive Bar For Sale

Location  Colorado,United States
Asking Price Range  < $250K
Gross Revenues  $150000
Net Profit / Cash Flow  $50000
Cash Flow Type  EBITDA
Seller Finance  No
Year Established  1900
Number of Employees  1 - 3
Inventory  4000
Relocatable  No
Number of Employees  1 - 3
Real Estate  Leased
Training  Yes
Reason for Sale  I just don't have the capital resources at this time to make even a more successful bar than I already have.

Description  
Antique bar backs, worn out pool table & mismatched tables & chairs. Things are run down but it is a very clean bar. This business is setup so a pizza oven, grill, all coolers & kegerators & all your basic bar equipment is a part of the lease. Business includes liquor license, business name ''The Metropole LLC dba The Enterprise Bar & Grill'', website (still in progress), inventory, established menu, insurance (liability & workers comp). Three yearround part-time employees & one full-time year-round (myself). With the lease comes the upstairs of the historical building which at the moment is setup to run as a hostel. It has a 5 bedrooms, community bathroom with shower, community kitchen with most amenities 2 common areas overlooking main street. This also has great income potential. The building is on the Historical Registry & is located in the old mining town of Rico Colorado (a bedroom community of Telluride). This business is strategically located between Durango Colorado & the world class ski resort & town of Telluride Colorado. Located on San Juan Scenic Byway / Highway 145 (logistically the only way to get to Telluride & the San Juan Mountain region from the south). Lots and lots of potential with a minimal investment into improvements. I just don't have the capital resources at this time to make even a more successful bar than I already have. This is anywhere from $125-$150K year solid with endless potential. We can provide further information on finances for serious inquiries only. $56,000. Call 970-403-9158 (Cellphone - anytime)


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