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Spices on the Green

Burlington, CO
Asking Price:$800,000
Inventory:$10,000
FF&E:$80,000
Established Year:2003
Gross Revenue:$175,000
EBITDA:$70,000
Real Estate:$500,000
Listing ID: 2259499Listing provided by BizBuySell
BUSINESS DESCRIPTION

Restaurant at golf course in Burlington, Colorado.

Discover a rare opportunity to acquire the turnkey restaurant "Spices on the Green," nestled within the picturesque Burlington Golf Club in Burlington, Colorado. This esteemed establishment combines the charm of a 14,000 square foot building with the convenience of an on-site residence, offering a seamless transition for aspiring restaurateurs or seasoned investors.
Key Features:
Location: Situated within the esteemed Burlington Golf Club, the restaurant enjoys a prime location with scenic views and a tranquil atmosphere.
Building: Spanning 14,000 square feet, the restaurant boasts ample space for dining, events, and private gatherings, enhancing its appeal for a variety of uses.
Turnkey Operation: "Spices on the Green" is fully operational and includes all necessary equipment, furnishings, and licenses, ensuring a smooth transition for new owners.
On-Site Residence: The property features a convenient on-site residence, providing living quarters for owners, managers, or staff members, thereby enhancing operational efficiency and comfort.
Additional Highlights:
Established Clientele: Benefit from an established clientele base drawn from both local patrons and visitors to the golf club.
Scenic Views: Enjoy panoramic views of the golf course, creating a serene ambiance that complements the dining experience.
Expansion Potential: The expansive building layout offers potential for future expansions or additional revenue streams, such as hosting special events or catering services.
Investment Opportunity:
Whether you are looking to enter the hospitality industry or expand your portfolio, "Spices on the Green" presents an unparalleled opportunity in Burlington, Colorado. With its unique blend of location, size, and operational readiness, this turnkey restaurant promises a rewarding investment in both lifestyle and business.
Schedule a Viewing:
Contact us today to schedule a private viewing and explore the possibilities offered by "Spices on the Green." Experience firsthand the potential of this exceptional property within the heart of Burlington's vibrant community.

DETAILED INFORMATION
Location
Burlington, CO
Inventory
Included in asking price
Real Estate
Owned
Included in asking price
Building SF
14,000
Employees
3
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
The business will include all aspects of the restaurant including but not limited to tables and chairs, bar stools, kitchen equipment, supplies, silverware, plates etc. The parking lot is spacious for special events like weddings and holiday functions but also convenient for smaller events and functions.
Competition
There is only one other restaurant in the town of Burlington that would be considered competition and serving a similar menu. Even with limited hours of operation, the owner has built a following where people drive from upwards of 50 miles or come and visit on the way through town because of travel. The business is located at Burlington Golf Club in the center of the neighborhood.
Growth & Expansion
Growth opportunities would be huge here as the current owner is operating minimally due to health considerations. The current operation is open 3 days per week or roughly 18-20 hours per week. A young and energetic operator could take this business to new heights with the current clientele. Burlington was roughly 4400 people in 2009 and currently is home to 3200 people. Much of the loss of residents was attributed to the closure of Kit Carson Correctional Center by the state in 2016 and there is talk that it may reopen at some point.
Support & Training
The seller will provide adequate training during a transition period if necessary.
Reason for Selling
The seller is trying to relocate to a different state due to health. He is oper
Home-Based
This business is Home-Based
BUSINESS LOCATION
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Stacy Kleve
Phone Number
Stacy Kleve
Call Phone