Trendy Taco and Tequilla joint on Main St

Asking Price$495,000

Cash Flow
Not Disclosed

EBITDA$170,000

Gross Revenue$1,350,000

Inventory$15,000
Not included in asking price
FF&E$75,000
Included in asking price
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Trendy Taco and Tequilla joint on Main St


Asking Price$495,000

Cash Flow
Not Disclosed

EBITDA$170,000

Gross Revenue$1,350,000

Inventory$15,000
Not included in asking price
FF&E$75,000
Included in asking price

Seller Financing Available
Business Description
Please excuse the inpersonal AI generation below, but Im a much better restauranteur than a copywriter. We're well loved in the community and its a great business for someone ready to work it or to add to your current portfolio. Feel free to reach out with questions. Thanks for taking a look.

Established Mexican restaurant and tequila bar located on Main Street in Durango, Colorado, offering a turnkey opportunity in one of the Southwest's premier mountain destinations. Operating successfully since 2019, this trendy establishment generates $1,350,000 in annual revenue with $170,000 EBITDA.

Business Overview:
Switchback distinguishes itself from other Mexican restaurants with a modern menu, contemporary styling, and trendy atmosphere that appeals to both locals and tourists. The 1,200 square foot space features $75,000 in furniture, fixtures, and equipment, plus $15,000 in inventory value.

Financial Performance:
With strong profitability metrics and a sub-3x revenue multiple asking price of $495,000, this business demonstrates solid financial fundamentals. The current absentee ownership structure suggests significant upside potential for an engaged owner-operator.

Location Advantages:
Positioned on Main Street, the restaurant benefits from high visibility and foot traffic from both residents and the steady stream of tourists arriving via train. Durango's selection as host for the 2030 World Mountain Bike Championships positions the market for substantial growth in visitor volume and related business opportunities.

Operational Strengths:
The business maintains low staff turnover with experienced, reliable kitchen and bar management committed to supporting the transition. The solid team foundation provides operational continuity for new ownership.

Growth Potential:
Current ownership projects potential EBITDA growth to $300,000 annually under active management. Strategic improvements such as expanding premium bar offerings could significantly increase profitability. The established customer base and prime location provide a strong foundation for expansion.

Lease Terms:
Monthly rent of $4,750 with lease expiring January 1, 2027. Landlord has indicated willingness to negotiate four additional five-year renewal terms.

Financing:
Seller financing available to qualified buyers.

This opportunity combines proven performance with substantial growth potential in a desirable Colorado mountain market, ideal for an owner-operator seeking to maximize the business's full potential.
About the Business
Years in Operation
6
Employees
15 (10 Full-time, 5 Part-time)
Facilities & Assets
Well maintained equipment. All nicer brands like True, Beverage Aire, Vulcan. 2 year old Alto Shamm smoker/slow cooker. Glycol System for taps. 10x14 walk in cooler. Big Prep room, leased dish machine. Back Patio ready for reactivation.
Website
https://www.switchbacktaco.com/dine-in-menu
Market Outlook / Competition
There are other Mexican places on Main but Switchback is set apart with modern menu, styling and trendy vibe. Check out our Instagram and Website. Owner/operator could take this turnkey operation to the next level.
Opportunities for Growth
The upside is tremendous. An owner/operator could expect to see $300k EBITA in the first year alone with some hard work and just being there. The addition of another top shelf behind the bar alone would increase net profits dramatically. The market is there for it. Skys the limit at this location and assets.

We are absentee owners and still do well on the place but it could flourish with fresh energy and a glow up. Lease is up 12/27 but the LL will neogtiate additonal 4x 5 year terms.
Real Estate
Owned or Leased
Leased
Building Sq. Ft.
1,200
Rent
$4,750.00 per month
Lease Expiration
1/1/2027
About the Sale
Seller Motivation
Free up cash to expand other business.
Transition Support
Staff will stay on indefinatly. Solid, experienced, reliable Chef and Bartender/Manager will see the transition thru and open to staying long term. Very low turnover.
Financing Options
Priced to sell with less than 3x multiple.
Listing Info
ID
2417838
Listing Views
52
Attached DocumentsAttachment Disclaimer

Switchback Quick Facts.pdf

Business Location

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Business Listed by: Dan Gearig

Listing ID: 2417838 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.