Popular 2in1 turnkey restaurant for sale in Crested Butte, CO
Business Description
Butte Bagels/Butte Burgers is a highly profitable dual-concept restaurant serving as a beloved institution in the premier mountain resort town of Crested Butte, Colorado. Established in 2019, this turnkey operation has built a loyal following among both locals and tourists, generating $1,189,000 in annual revenue with strong cash flow of $408,107.
This unique 2-in-1 concept operates as the only bagel shop within 100 miles and one of only four breakfast establishments in Crested Butte. The business also captures the late-night market as the sole restaurant serving past 10 PM, providing multiple revenue streams throughout the day. The 1,300 square foot location offers an efficient operational footprint with $200,000 in furniture, fixtures, and equipment included.
Key Financial Highlights:
- Annual Revenue: $1,189,000
- Cash Flow (SDE): $408,107 (34.3% margin)
- Established 5-year operating history
- Strong local and tourist customer base
- Lease through June 2029 at $5,870/month
Growth Opportunities:
- Currently closed Tuesdays - opening could add $100,000+ annually
- Expandable business model designed for replication
- Potential for offsite bakery to increase kitchen capacity
- Scalable concept suitable for Front Range expansion
The sellers have intentionally built this business for sale and are committed to ensuring a smooth transition with up to 6 months of comprehensive training for new owners. This represents an exceptional opportunity to acquire a profitable, well-established restaurant in one of Colorado's most desirable mountain communities.
With its proven concept, strong financials, prime location, and significant growth potential, Butte Bagels/Butte Burgers offers the perfect combination of immediate profitability and future expansion opportunities for the right buyer seeking both business success and mountain lifestyle.
This unique 2-in-1 concept operates as the only bagel shop within 100 miles and one of only four breakfast establishments in Crested Butte. The business also captures the late-night market as the sole restaurant serving past 10 PM, providing multiple revenue streams throughout the day. The 1,300 square foot location offers an efficient operational footprint with $200,000 in furniture, fixtures, and equipment included.
Key Financial Highlights:
- Annual Revenue: $1,189,000
- Cash Flow (SDE): $408,107 (34.3% margin)
- Established 5-year operating history
- Strong local and tourist customer base
- Lease through June 2029 at $5,870/month
Growth Opportunities:
- Currently closed Tuesdays - opening could add $100,000+ annually
- Expandable business model designed for replication
- Potential for offsite bakery to increase kitchen capacity
- Scalable concept suitable for Front Range expansion
The sellers have intentionally built this business for sale and are committed to ensuring a smooth transition with up to 6 months of comprehensive training for new owners. This represents an exceptional opportunity to acquire a profitable, well-established restaurant in one of Colorado's most desirable mountain communities.
With its proven concept, strong financials, prime location, and significant growth potential, Butte Bagels/Butte Burgers offers the perfect combination of immediate profitability and future expansion opportunities for the right buyer seeking both business success and mountain lifestyle.
About the Business
- Years in Operation
- 7
- Employees
- 23 (7 Full-time, 15 Part-time, 1 Contractor)
- Facilities & Assets
- Sale includes all assets and facilities.
- Market Outlook / Competition
- We're one of 4 breakfast restaurants in Crested Butte, and the only bagel shop for over 100 miles. We also are the only restaurant opened later than 10pm in town to serve the late night crowd.
- Opportunities for Growth
- Currently there are numerous growth opportunities for this business. We are currently closed on Tuesdays, and someone opening on Tuesdays could increase revenue by over 100k per year. We designed Butte Burgers to be a growth business model to take to the front range if people are interested in doing that. The business is currently in a small building, and cold benefit from having an offsite bakery in order to expand the flattop for service.
Real Estate
- Owned or Leased
- Leased
- Building Sq. Ft.
- 1,300
- Rent
- $5,870 per month
About the Sale
- Seller Motivation
- We intended to build this business to sell. We are ready for new things.
- Transition Support
- We are willing to train the new owner/owners or managers for up to 6 months.
Listing Info
- ID
- 2529056
- Listing Views
Business Location
Listing ID: 2529056 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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