Famous Colorado Restaurant
| Asking Price: | Not Disclosed | Inventory: | $24,000 ** |
| Gross Revenue: | $1,311,000 | Real Estate: | n/a |
| Cash Flow: | $100,000 (comments below) | FF&E: | $100,000 ++ |
| ++ included in the asking price ** not included in the asking price | |||
| Cash Flow Comments: MAKE OFFER | |||
One of Colorado’s most famous and successful “landmark” restaurants including tavern, and banquet facilities. This is an excellent restaurant location with great access in an area that is growing rapidly. The restaurant has operated out of the same location for over 5 decades. The main dining room seats 300 guests, plus out door deck. The banquet facility is roughly 3,000 square feet and can accommodate up to 200 guests. The restaurant features a famous Southwest American cuisine, extensive wine list and is regularly praised in the media and local periodicals. The tavern features a big screen TV for sporting events, a comfortable large fireplace and great ambiance. There are approximately 60 full and part time, well trained employees including key Managers.
About the Business
Year Established:1948
Employees:20 full time - 40 part time
Facilities:Famous "landmark' restaurant with tavern, deck and banquet facilites. The kitchens were updated within the past five years. The lease runs through 2013 and is for 24,000 per month triple net.
Market Outlook and Competition:The is one of Colorado most successful restaurants locate in a repidly growthing area. It has operated out of the same location for over 5 decades.
About the Sale
Management Training and Support:One month transition assistance.
Reason For Selling:Owners are moving back East.
Seller Financing:MAKE OFFER
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The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. Please review the full Disclaimer here.
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