Downtown Taproom / Restaurant / Events Space for sale

Contact Seller
Multi-Award winning Tap Room
Asking Price:
$90,000

Gross Revenue:
$500,000
Cash Flow:
 Not Disclosed
EBITDA:
 Not Disclosed
Inventory:
$10,000
not included in asking price

FF&E:
$75,000
included in asking price

Real Estate:
 Not Disclosed

Share this business:

Business Description

...for anyone wanting to venture into the restaurant/taproom/events business or for an organization wanting to expand into the downtown Colorado Springs market. This business is currently comprised of Brewer’s Republic Tap House and Eatery, an award winning tap house in its eighth year of operation, and Events at 110 Below, an event space comprised of three separate spaces (formerly the Underground Pub.) The entire operation occupies more than 11,000 sq.ft. in the historic, former YWCA built in 1910 on the busy corner of Kiowa Street and Nevada Avenue, across from City Hall.

Brewer’s Republic has been a Colorado Springs ‘best of’ medalist for “Best Tap House” since opening in 2010. We pride ourselves on offering twenty rotating taps of only the best craft beer available, from all over the world. We also have an extensive selection of cans and specialty bombers, as well as Colorado craft whiskies. Our food menu includes specialty pizzas, sandwiches and bar bites, and we offer vegetarian, vegan, and gluten-free options as well.

Events at 110 Below is an events space opened in October of last year available for weddings, intimate gatherings and family to corporate events. It occupies the space that was the Underground Pub for over 30 years. The main pub area is a charming space with tin ceilings and brick and stone walls and seats up to eighty-five people. It has eight built in taps serviced from a walk-in in the basement and enough lighted glass shelving to highlight a substantial selection of liquor. The back bar has a room that can seat up to sixty people and a bar with four built-in taps. It also has a subterranean dance floor that can accommodate up to one hundred people with sound and lighting systems. The upstairs, outdoor, heated and curtained patio overlooks City Hall and can seat fifty people.

The substantial kitchen is about nine hundred square feet and fully equipped to serve banquets and do short order cooking for the tap house. It has a three-deck pizza oven, flat top, grill, two bay fryer, four burner range, convection oven, walk-in cooler, multiple reach-ins, forty-eight-inch pizza prep fridge, forty-eight-inch salad prep fridge, convection oven, Aalto-Sham holding oven, 30-quart Hobart mixer, meat slicer and prep sink. The dish pit has a commercial Hobart dish machine, three bay pot sink, and plenty of room to bust suds.

A non-disclosure agreement required to be able to view financials.

Do not go to bar and question employees.

About the Business

Location:
Colorado Springs, Colorado
Year Established:
2010
Number of Employees:
15
Website:
www.brewersrep.com
Contact the Seller

About the Sale

Reason For Selling:
Expansion of another business.
Training/Support:
20 hours per week for four weeks

Listing Info

ID:
1477755
Ad Detail Views:
352

Contact the Seller
Please confirm you're not a robot
Contact the Seller

Similar Listings


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.