College Town Tavern Excellent Location

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Asking Price:
$299,000

Gross Revenue:
$597,000
Cash Flow:
$122,400
(Seller's Discretionary Earnings)

EBITDA:
 Not Disclosed
Inventory:
 Not Disclosed

FF&E:
$150,000
included in asking price

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Business Description

Imagine the bar in Cheers. A comfortable place with and a great vibe. A place you look forward to visiting,whether alone or with friends. Now, imagine this bar in the most vibrant area of Northern Colorado. People of all ages are enjoying the area’s museums, shops, and music venues. Now, imagine yourself as the owner of this bar. It’s possible.

Since it’s opening, this bar has been a gathering place for people of all ages. The design and furnishings are elegant without being fussy. The well-stocked bar (including many local beers on tap) and great food menu, makes this the place to be.

This business is a turnkey opportunity. The furnishings and equipment are all top rate, giving a new owner a great foundation on which to build. The seller has negotiated an excellent lease which has 8 ½ years to go. Since the seller does not work in the business on a daily basis, a new owner who is working in the business should find many opportunities to increase revenues while reducing expenses. If you’ve dreamt of having a bar in a great college town, you shouldn’t delay. Recent changes to SBA rules makes it easier than ever to own your own business.

About the Business

Year Established:
2014
Real Estate:
Leased
Building Sq. Ft.:
2,000
Facilities:
2000 Sq Ft fully renovated space with top of the line furnishings and equipment.
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About the Sale

Reason For Selling:
Other business demands
Training/Support:
Yes

Listing Info

ID:
1535796
Ad Detail Views:
470

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Business Listed by

Ben Mahrle

Mountain States Business Brokers Team
License# 1326829

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U.S. Census Data for Larimer County, CO
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Source: Decennial Census (2010), United States Census Bureau.

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U.S. Community Survey Data for Larimer County, CO
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Source: American Community Survey (2010-2014), United States Census Bureau.

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.


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