Historic Restaurant/Gift Shoppe in Central Colorado Business For Sale in Central, Colorado

Historic Restaurant/Gift Shoppe in Central Colorado

Asking Price:	$630,000	Inventory:	$10,000 ++
Gross Revenue:	$1,383,513	Real Estate:	$985,000 **
Cash Flow:	$68,354	FF&E:	$75,985 ++
++ included in the asking price not** included in the asking price

70 year old full service restaurant/gift shoppe located on a major US coast-to-coast highway. Tour groups are picked up/dropped off at this location. Restaurant is directly across from the famous Hot Springs Aquatic Center. They have added a new patio section, remodeled the kitchen and bathrooms, updated the menus and logos. Trade secrets include homemade recipes and one of a kind desserts. This is the most established restaurant in the area and the gift shoppe sports unique and one of a kind gift choices. A new golf course & subdivision (near completion) within minutes of the restaurant will certainly bring in more customers.

About the Business

Year Established:1935

Employees:7 full time - 26 part time

Facilities:Real estate may be leased/rented for $6,000 monthly or option to purchase for $985,000 (not included in purchase price of business).

Market Outlook and Competition:Prime location located on a major US coast-to-coast highway that is always very busy. Tour companies use this location for customer pick up/drop off. Historic building, one of a kind recipes/desserts, outstanding reputation. Growth potential is unlimited with a new golf course/subdivision close to completion only minutes away.

About the Sale

Management Training and Support:Reasonable transition period

Reason For Selling:Pursuing other interests

KEYWORDS: Restaurants, Historic Restaurants, Gift Shops, Homemade Recipes

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Business Listed By
William W. (Bill) Bumstead \| ABC Advocates Business Consultants, Inc. View All of My Listings


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