Relisted! Established Restaurant Location! Reduced Price!
| Asking Price: | $169,000 |
| Gross Revenue: | $800,000 |
| Rent: | $3,900/Month |
| FF&E: | $46,069 |
| Cash Flow: | $50,000 |
| Inventory: | $15,000 |
| EBITDA: | $50,000 |
| Established Year: | 2003 |
Prime Location - Thoughtfully Renovated - Excellent Customer Base
This long standing family owned restaurants sits in the heart of a beautiful western Colorado town. For nearly two decades locals have considered this one of the ultimate best in town. The location is prime for hotel guests and the neighborhood is experiencing tremendous growth with the construction of high end apartment complexes well under way.
Always known for fine dining and a top notch vibe for a cocktail, the owner revamped the look and feel in 2022 bringing a multi experience approach. As a result of a thought-out remodel this restaurant can now go from fast casual to fine dining by a stroke of the clock.
Easily accommodating a breakfast-lunch, lunch-dinner, or all three makes this a versatile opportunity for a new owner.
Seating capacity is as follows:
Dining room: 40
Lounge and Bar: 34
Patio: 28 (Seasonal)
As of 2022 equipment is updated, along with a fresh look in the dining room.
Four years remain on the current lease with a clause for an additional 5 years.
Bring your own ideas or have the seller transfer the current concept.
