Bar and Restaurant for sale with wholesale product line

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Half a million in sales!
Asking Price:
$225,000

Gross Revenue:
$517,996
Cash Flow:
$55,440
(Seller's Discretionary Earnings)

EBITDA:
 Not Disclosed
Inventory:
 Not Disclosed

FF&E:
 Not Disclosed
included in asking price

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Business Description

Well established bar and restaurant for sale ringing over $500,000 in sales is a unique and one of a kind concept! Large commercial kitchen for additional mass production space of signature product to launch retail line.
Big steps have been taken to expand the concept of this bar and restaurant for sale in Colorado Springs. Sales are currently at $500,000 and trend upwards year after year, with an additional established wholesale business providing product to local businesses.
The main location of this business offered by We Sell Restaurants has a beautiful build out with full liquor license and fantastic wine selection. The inside seats 38 people, and features a gorgeous, gleaming wrap around repurposed wood bar. Rent is only $2,500 all in, including your triple net for 1650 square feet, locked in for five years with options! That is only $18 per square foot! Space includes a gorgeous 300 square foot patio, easily adding another 20-24 seats to enjoy!
The fully equipped large commercial kitchen of this restaurant for sale includes a hood, 1100 gallon grease trap, and all of the equipment you need to keep pumping out the delicious menu items and even expand the menu if you so choose! Staff is fully trained and in place for a simple and easy transition. Recipes and concept are included with the sale, as well as all equipment and good will of loyal customers and a large social media presence. Current owners have a long history of Restaurant and Business Management and offers consultation and training for new operator to settle them in. All of the tools necessary for success at your disposal!
The owners own other businesses in another state and have decided to move and focus on that concept since they already own the property. This bar and restaurant for sale is a perfect opportunity for any young entrepreneur, restaurateur, retiree, mom & pop shop operators, and especially those who seek to escape the corporate world and take over a well business by Colorado Springs!
This bar and restaurant for sale concept has even been on the news and touts award winning products Best Restaurant, Best Bar, Best Happy Hour and more! Due to the unique food concept, further information about the menu items will be given once the confidentiality agreement has been agreed to and proof of funds showing eligibility to purchase have been verified. Inquire with us today, and the Restaurant Brokers will be happy to work with you and provide more info on this listing!

About the Business

Location:
Colorado Springs, Colorado
Year Established:
2014
Number of Employees:
15
Real Estate:
Leased
Building Sq. Ft.:
16,005,300
Lease Expiration:
10/1/2023
Facilities:
Hobart Mixer Espresso Bar Omcam Food Warmers Blodgett Ovens Hobart CHM 300 Cutter TRUE 2 Door Fridge Groen Steam Kettle Marc Bakery Case Savage Gas Copper Kettle Sign TRUE Undercounter Reach In Fridge Cleveland Braising Cozoc Holding Cabinet
Website:
www.wesellrestaurants.com
Market Outlook/
Competition:
Nothing like this concept has been done in the area You will have the market cornered
Growth & Expansion:
Concept has potential to be nationally branded wholesale and retail lines expanded and franchised out to create an empire
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About the Sale

Reason For Selling:
Relocation
Training/Support:
2 weeks

Listing Info

ID:
1661277
Ad Detail Views:
0

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Business Listed by

Chris Gordon

We Sell Restaurants
License# CO SL 100072876

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Sponsoring Broker:

Eric Gagnon
We Sell Restaurants
License# H49152


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Report an Issue 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. See our full Terms & Conditions.