Highly Profitable Mediterranean Restaurant and Sports Bar
Business Description
Pitas In Paradise is a highly profitable Mediterranean restaurant and sports bar established in 2001, located in the heart of Crested Butte, Colorado. This thriving establishment generates $1,200,000 in annual revenue from its prime 2,800 square foot location with outdoor patio.
The restaurant features a diverse Mediterranean and American menu including gyros, hummus, soups, salads, burgers, smoked wings, and more, all at family-friendly prices. The business operates two full bars with unique 'bottom up' draft beer pour technology that eliminates waste, plus a separate bar area featuring a golf simulator with kids games available for private party rentals.
Key Business Strengths:
• Prime center-of-town location with high foot traffic
• Established 23-year operating history with loyal customer base
• Dual revenue streams from dining and entertainment
• Resort hotel referral partnerships
• Voted Best Happy Hour by locals
• Easy-to-operate business model
• Strong profit margins on $1.2M annual revenue
The sale includes $200,000 in furniture, fixtures, and equipment, plus $18,000 in inventory. The business operates under a $4,000 monthly lease, providing operational flexibility without real estate ownership requirements.
The current owner, who operates three restaurants while raising three young children, is selling due to time and family constraints. Seller financing is available, and the owner will provide comprehensive support and training for 90 days to ensure smooth transition.
This turnkey operation represents an exceptional opportunity to acquire a profitable, well-established restaurant in one of Colorado's premier mountain resort destinations. The combination of consistent revenue, prime location, and diverse entertainment offerings makes this an attractive investment for experienced restaurant operators or investors seeking a proven business model in the hospitality sector.
The restaurant features a diverse Mediterranean and American menu including gyros, hummus, soups, salads, burgers, smoked wings, and more, all at family-friendly prices. The business operates two full bars with unique 'bottom up' draft beer pour technology that eliminates waste, plus a separate bar area featuring a golf simulator with kids games available for private party rentals.
Key Business Strengths:
• Prime center-of-town location with high foot traffic
• Established 23-year operating history with loyal customer base
• Dual revenue streams from dining and entertainment
• Resort hotel referral partnerships
• Voted Best Happy Hour by locals
• Easy-to-operate business model
• Strong profit margins on $1.2M annual revenue
The sale includes $200,000 in furniture, fixtures, and equipment, plus $18,000 in inventory. The business operates under a $4,000 monthly lease, providing operational flexibility without real estate ownership requirements.
The current owner, who operates three restaurants while raising three young children, is selling due to time and family constraints. Seller financing is available, and the owner will provide comprehensive support and training for 90 days to ensure smooth transition.
This turnkey operation represents an exceptional opportunity to acquire a profitable, well-established restaurant in one of Colorado's premier mountain resort destinations. The combination of consistent revenue, prime location, and diverse entertainment offerings makes this an attractive investment for experienced restaurant operators or investors seeking a proven business model in the hospitality sector.
About the Business
- Years in Operation
- 25
- Employees
- 11 (7 Full-time, 4 Part-time)
Summer time is the biggest time of year. Need to ramp up for the summer rush. - Facilities & Assets
- Entire restaurant and contents - tables, chairs, POS, recipes, inventory, all kitchen equipment, walk in refrigerator and freezer, 10 TVs, Golf Simulator, fixtures - everything
- Website
- https://www.pitasinparadise.co
- Market Outlook / Competition
- Location is at the center of Town with outdoor patio - the very best location. Very friendly menu and probably most economically family friendly restaurant in Town.
Real Estate
- Owned or Leased
- Leased
- Building Sq. Ft.
- 2,800
- Rent
- $4,000.00 per month
About the Sale
- Seller Motivation
- Time and family constraints - have 3 restaurants and 3 children 5 years old and
- Transition Support
- Total Support and training for 90 days
- Financing Options
- Possible Financing
Listing Info
- ID
- 2460137
- Listing Views
- 15
Business Location
Listing ID: 2460137 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 of Use. Learn how to avoid scams.
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