Turn Key Restaurant, Lounge & Motel with Real Estate in CO

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Asking Price:
$1,225,000

Gross Revenue:
$611,540
Cash Flow:
$91,004
(Seller's Discretionary Earnings)

EBITDA:
 Not Disclosed
Inventory:
 Not Disclosed

FF&E:
 Not Disclosed
included in asking price

Real Estate:
 Not Disclosed
included in asking price

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Business Description

Purchase this Turn-key Lounge and Restaurant for Sale with an attached Motel! Located in Stunning Northeast Colorado!
Sitting on 6 acres, this 30 unit, all ground level, the motel has 5 king rooms, 1 queen suite, and 24 double queen rooms. Each room has a fully equipped bathroom, Television, Telephone, and microwave. Wireless Internet is provided. There is a coin laundry room and vending machine access as well. This hotel attracts hunters, fisherman, travelers and workers keeping their occupancy levels high year-round. This Restaurant for Sale with an attached motel even recently had renovations done by putting on a new motel roof!
Featured by We Sell Restaurants, this Restaurant for sale seats 150 guests and has a fully equipped commercial kitchen. There is a large buffet that cooks can fill from the kitchen without getting in the way of the guests. It's a nice spacious dining area makes it comfortable to enjoy your meal and guests enjoy watching the fish in the 150-gallon fish tank at the front of the dining room. There is the ability to have private parties in the dining room making it nice for local groups to have lunch and dinner meetings or even large private parties. They serve the locals as well as the guests that are staying at the motel.
The lounge seats 60 guests with the entrance located near the front of the dining room. It is equipped with a 2 door beer cooler and 1 door beer cooler, 2 soda guns, 2 single sink, 2 -2 bin sinks, Big screen TV and more in this extremely
Located in an All American City, you will find this is a vibrant small town with many perks of the big city, such as top-notch schools and advanced medical services. The town has rolling hills sitting in the flat prairie lands of North eastern Colorado. Close to the Kansas and Nebraska State lines and under 200 miles to Denver, traffic to and from these areas pass through this city on the plains two U.S. Highways intersect. This area has an agriculturally based economy supported by corn, wheat, and cattle. Many come to this area every year to hunt small game, waterfowl, bobwhite quail and pheasant or to fish in cold water stream for trout or lake for small and large mouth bass.
The restaurant is currently closed on Sundays and not open for breakfast or late night, giving a great opportunity for expansion in sales. There is also room to grow all areas with the addition of a website and marketing with this restaurant for sale. This is a great investment opportunity.

About the Business

Location:
Wray, Colorado
Year Established:
1977
Number of Employees:
17
Real Estate:
Owned
Facilities:
Equipment List Schedule A Restaurant and lounge 6 Eye burners and 36 in flat grill with 2 ovens Single unit steamtable 2 fryers 36inch char broiler Chicken Pressure cooker Reach in Walk in Cooler Single Door Reach in Freezer 2 Door Shamm Slicer 20 quart Hobart mixer with 3 attachments Work Table Hand Sink 20 Foot Hood 3 Compartment Sink 2 Microwaves Walk In Freezer Bun Warmer Buffet Cold and Hot 150 Gallon Fish Tank Salad Table 5 High Chairs 3 Boosters 191 Chairs 12 Booths 45 Tables 5 Rolling Bus Carts each with 3 tubs and trash container True single door Pie Case Reach in Chest Freezer True Single door Refrigerator Double Light Heat Lamp 4 Rolling Carts 2 Cash Register Stand Up Dry Erase Sign Pop Corn Machine Delfield Single Door Refrigerator Ice Machine C 950 Shop Vac Storage Shelves Wired Speakers in the ceiling Blender 2 Door True Beer Cooler 1 Door Perlick Beer Cooler 2 Soda Guns Bottle Washer 2 Single Sinks 2 Two Bin Sinks Waitress Call number System 42 inch Flat Screen TV Miscellaneous Small Wares 2 Benches in waiting area 2 Chairs in Waiting area 2 Bulletin Boards There are coffee machines Tea Machines and Soda Machine that are owned by the food vendors There is a Commercial Dishwasher that is being leased from the food vendor Motel 5 king Bed complete 49 Queen Bed Complete 30 phones 30 alarm clocks 30 microwaves 30 luggage Rack 30 Chairs 30 TVs 30 table lamps 1 sofa Mini refrigerator 1 coin operated washer 1 coin operated dryer 1 ice machine 2 Soda vending machine 1 Candy machine 3 Oreck Vacums 3 Hot Water tanks 1 Single Roll away Bed 1 Double Roll away Bed 30 AC Heat Units 3 Washers 3 Dryers 10 Foot Table for Laundry Folding Some spare heaters and air conditioners 15 Plug ins for vehicles
Website:
www.wesellrestaurants.com
Market Outlook/
Competition:
Owners state Motel averages 80 to 90 occupancy throughout the year and is sold out during hunting season Restaurant attracts many locals as a regular clientele
Growth & Expansion:
There is room to expand with adding a website and marketing expanding hours to include Sundays breakfast and later night lounge Lounge currently does not offer any beers on tap creating another possibility
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About the Sale

Reason For Selling:
Retirement
Training/Support:
2 Weeks on Site

Listing Info

ID:
1622287
Ad Detail Views:
0

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Business Listed by

Jeff Marcus

We Sell Restaurants
License# FA100082047

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Sponsoring Broker:

Eric Gagnon
We Sell Restaurants
License# H49152


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