Premier Vacant Restaurant Space in Vail, Colorado

West Vail, CO
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Asking Price:$399,000
Rent:$18,500/Month
Gross Revenue:$3,000,000
Established Year:2004
BUSINESS DESCRIPTION

PRICE RECENTLY REDUCED!
Are you a gifted Chef? A successful, cutting edge restauranteur? This one-of-a-kind incredible, upscale Restaurant for Sale is ready for your latest, new, exciting concept. The owner invested $1.2m into the buildout less than a year ago. The partnership when wrong and they closed after a few months.
Their loss is your opportunity! This Restaurant for Sale is perfect for any fine dining concept, steakhouse, upscale whiskey bar or other concept. Located in one of the premire vacation destinations in the world, the 3400 square foot space is build out very tastefully and ready to go for nearly any concept. Located in a highend hotel in the area of of Vail, Colorado where 80% of retail space is located. There are over 5000 hotel rooms located with-in 2 miles. The space features good visability, signage, access and parking (an extremly rare advantage in Vail).
Vail is one of the most popular tourist destinations in the entire world drawing visitors year-round from all over the world. It is consistantly ranked as one of the top three ski resorts in North America but it is not simply a ski town. It's a year round destination for golf, biking, concerts and festivals, and this Restaurant for Sale is in the middle of it all! The Restaurant Brokers know this location is unbeatable!
The Restaurant for Sale has a floor plan that is well designed, it features a large "U-shapped" bar with 20 seats. The dining room seats 150 with more space possible and a secluded event room. There is a large deck with incredible mountain views in the front and hotel pool views in the back.
The fully equipped commercial kitchen is efficient and ready to go. Most of the equipment is almost new (not surprisingly). There is a large hood, grease trap and walk-in cooler. The kitchen is ready to go and would support nearly any concept with little or no investment needed. In addition there is aproximatly $4,000 in wine inventory that is a throw-in for any new Buyer. The Restaurant for Sale has a full liquor license that is easily transferable.
The Buyer will negotiate a new lease with a very reasonable landlord. The Restaurant for Sale is turnkey and ready to go. A new operator could be up and running in 30 days with very little investment as the previous owners have done all the work for you!
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DETAILED INFORMATION
Location
West Vail, CO
Inventory
Not Included in asking price
Real Estate
Leased
Building SF
3,400
Lease Expiration
31/12/2035
Facilities
Available on request
Competition
Premier vacant restaurant space in high end hotel near 80% of Vail's retail space.
Growth & Expansion
Bring your own concept! Great location and opportunity.
Support & Training
NA
Reason for Selling
Other
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Bob
Steinberger
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Bob Steinberger