Fun, unique concept restaurant and bar
Asking Price: | $469,000 |
Gross Revenue: | $900,000 |
Rent: | $2,900/Month |
FF&E: | $140,000 |
Cash Flow: | $75,000 |
Inventory: | $10,000 |
EBITDA: | $700,000 |
Established Year: | 2014 |
Profitable and growing
3.14 Pi Bar is located in a thriving area of Colorado Springs surrounded by businesses, residential and one of the most popular tourist attractions around, (Garden Of The Gods). This fun, unique concept bar and restaurant has been open for nearly a decade. Serving lunch and dinner seven days a week, we also offer a full bar with amazing custom craft cocktails. Inside seats 45 and a large outside patio currently seats 18 with room to add more. This restaurant is actually profitable and is still growing year over year. We were voted "Best Pie In Colorado" on Good Morning America in 2022, (see video below) and have had an incredible run. It is currently owned by a family that would like to pursue different interests. It is perfect for an owner operator that wants to earn a great living baking and/or serving with heart. You'll have the ability to expand or grow in any way that you want without franchise fees, or territory restrictions from corporate overlords! From food trucks to catering to grocery store placement with our take and bake options you have lots of future potential for additional growth. Full financials available upon an executed NDA. Lots of profit as is or expand if you want! Current price is from a professional valuation in 2022. While we've grown since then we are still asking the price from that valuation and we are offering a 10% carry if needed. You'll still need at least 10% down unless you have a different loan program available to you.
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