Event center/ Restaurant Bar in a Golf Course

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Asking Price:
$650,000

Gross Revenue:
$350,000
Cash Flow:
 Not Disclosed
EBITDA:
$350,000
Inventory:
$50,000
not included in asking price

FF&E:
$70,000
included in asking price

Real Estate:
$350,000
included in asking price

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Business Description

Rare opportunity to own the Real Estate operating Restaurant and Bar situated in a golf course. A fabulous cash cow, away from rat race. Enjoy absolute country living and command an exceptional living by catering exclusively to city golf course and general public. Facility include 16,000 square foot with seating capacity of 450. Ideal for banquets, weddings, holiday gatherings and special occasions. Commercial kitchen with 2 full bars, dance floor, 4 commercial bathrooms and 2 additional bathrooms. The rental of pro shop brings in $900.00 for 6 months.

About the Business

Location:
Burlington, Colorado
Year Established:
2001
Number of Employees:
5
Real Estate:
Owned
Building Sq. Ft.:
16,000
Facilities:
Situated in a 3.9-acre pristine golf course. Free standing building with 16,000 square ft. The entire building of two levels totaling 16,000 comprising receptions of 450 seats, 2 full bars. Detached house with 1,600 square foot has 3 bed room and 2 bath with own well water.
Market Outlook/
Competition:
Current operator has scaled down. Great additional income steam in increasing the operating hours and additional booking for the prevailing need.
Growth & Expansion:
The area is experiencing tremendous development with 3 new national hotels due to romance of country living. One of the best schools, easy access to airport and hospital.
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About the Sale

Reason For Selling:
Relocation
Training/Support:
Seller will provide training for easy transition.

Listing Info

ID:
1422073
Ad Detail Views:
67

Attached Files Attachment Disclaimer

  Spice on the Green 9 17.pdf (820 KB)
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Business Listed by

Mathew Abraham

Eagle Business Brokers
License# 247081

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