Slopeside Brunch Restaurant in CO ski town (Absentee Owner!)

Asking Price$652,800

Cash Flow

EBITDA$204,000

Gross Revenue$1,030,000

Inventory$10,000
Included in asking price
FF&E$70,000
Included in asking price
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Slopeside Brunch Restaurant in CO ski town (Absentee Owner!)


Asking Price$652,800

Cash Flow

EBITDA$204,000

Gross Revenue$1,030,000

Inventory$10,000
Included in asking price
FF&E$70,000
Included in asking price
Business Description
For sale is a slopeside breakfast and lunch restaurant located in the base area of one of the largest ski resorts in Colorado - located less than 2 hours from Denver! A well-loved establishment for locals and visitors alike for over a decade, this breakfast and lunch restaurant serves up traditional diner fare as well as coffee, ice cream, beer/wine/liquor, and more to hungry skiers and their families- both before and after a hard day on the slopes. Additionally, summer mountain biking crowds provide revenue during the off season. The business is closed for 12 weeks total in the fall and spring, giving ownership and staff a built-in vacation period!

Current ownership is absentee- the business is run by a very capable manager, with a succession plan in place should the manager move on. The owner is on site roughly twice / month, and checks in via phone/text/email as needed otherwise. A new owner could either maintain the current arrangement, or take on management of the restaurant themselves (and immediately increase SDE significantly in the process).

This is a great opportunity to own the perfect lifestyle business- live in a ski town, work limited hours, and have fun while doing it! The business could also be operated remotely, although given the seasonal staff it is recommended that the owner spends some time on site each month. The owner and manager have been meticulous in documenting every standard operating procedure needed to run the restaurant into manuals, and they can teach anyone to run the restaurant!

Current owner is willing to finance up to 20% of the purchase price. Buyer will need to negotiate a lease extension with the existing landlord (who has indicated they are willing to extend). This business should qualify for SBA financing for an experienced buyer.

Additional information available with a signed NDA.
About the Business
Years in Operation
16
Employees
12 (1 Full-time, 11 Part-time)
1 salaried manager, average of 11 seasonal hourly employees
Facilities & Assets
Assets include cooking equipment, fridges/freezers, tables and chairs, signage, etc. Inventory is very low (restaurant operates on a just-in-time model), but estimated at $10,000. Also included with the sale are all recipes and extensive standard operating procedures, designed so that anyone can learn the business, as well as trademarks and branding.
Market Outlook / Competition
There are limited direct competitors, as this is the only nearby sit down breakfast and lunch restaurant. However, competitor coffee shops and cafes do exist, and various restaurants compete during lunch time. The ski industry is expected to grow in the coming years, as Resort expansions and easier transit from Denver improve travel conditions. This restaurant is located in a resort that is on one of the two major ski passes in the USA.
Opportunities for Growth
Opportunities to open for more hours, add dinner service, or even open an additional location nearby. Resort expansion plans also provide long term expansion opportunities. Additionally, ownership currently spends $0 on marketing, and there is opportunity to host more large events (e.g. wedding breakfasts), especially in the summer months.
Real Estate
Owned or Leased
Leased
Building Sq. Ft.
1,800
Rent
$6,000.00 per month
Lease Expiration
7/31/2029
About the Sale
Seller Motivation
Owner is looking to focus on other business interests in Denver
Transition Support
Seller to provide up to 160 hours of training (though seller believes 80 hours will be sufficient).
Financing Options
Seller will finance up to 20% of purchase price
Listing Info
ID
2446909
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Listing ID: 2446909 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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