Very warm - cheers friendly tavern with food for sale

Asking Price$999,900

Cash Flow

EBITDA$50,863

Gross Revenue$749,702

Inventory$10,000
Not included in asking price
FF&E$75,000
Included in asking price
Real Estate$689,900
Not included in asking price
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Very warm - cheers friendly tavern with food for sale


Asking Price$999,900

Cash Flow

EBITDA$50,863

Gross Revenue$749,702

Inventory$10,000
Not included in asking price
FF&E$75,000
Included in asking price
Real Estate$689,900
Not included in asking price
Business Description
Step into immediate profitability with this turnkey tavern operation that delivers consistent cash flow from day one. You'll inherit 20+ years of established customer loyalty, eliminating the costly startup phase and providing instant revenue generation from a proven business model.

This investment positions you to capitalize on Colorado Springs' thriving hospitality market with a rare transferable TAVERN liquor license - a significant competitive advantage that creates substantial barriers to entry for competitors. You'll benefit from premium positioning in a market where such licenses are increasingly difficult to obtain.

Your operational success is virtually guaranteed through established systems that remove guesswork from daily management. The upgraded POS system provides real-time analytics for informed decision-making, while existing vendor relationships ensure smooth operations and favorable pricing. Professional staffing structure with experienced bartenders and cooks means you can focus on growth rather than training.

The business generates revenue through multiple streams - full bar service, specialized food offerings, and event hosting - creating resilient income that weathers economic fluctuations. Extended operating hours (10am-2am weekdays, 9am-2am weekends) maximize revenue potential across diverse customer segments.

Your investment includes $75,000 in furniture, fixtures and equipment plus approximately $10,000 in inventory, providing immediate operational capability. The commercial kitchen, walk-in coolers, and patio infrastructure support expanded service offerings and increased capacity.

With 20+ dedicated parking spaces and C-6 zoning, you'll accommodate peak demand while maintaining expansion flexibility. The central Colorado Springs location ensures consistent foot traffic and visibility.

This opportunity transforms you from startup entrepreneur to established business owner overnight, delivering proven profitability, established market presence, and growth-ready infrastructure. The seller's operational systems and customer base provide your pathway to immediate success and long-term wealth building.

Real estate available separately for $689,900, creating potential for additional investment returns through property appreciation.
About the Business
Years in Operation
27
Employees
13 (6 Full-time, 4 Part-time, 3 Contractors)
Staffing: 5 Bartenders, 4 Cooks, 1 Contracted inside cleaner, 1 Contracted outsi
Currently Relocatable
Yes
Facilities & Assets
The business is supported by a fully equipped, professionally maintained facility that allows a new owner to begin operations immediately. Included in the sale are a commercial kitchen, full-service bar, indoor dining area, outdoor patio, walk-in coolers, modern POS technology, remote security system, furniture, fixtures, equipment, and operational inventory. The property also provides ample customer parking and valuable infrastructure that has been developed over many years. By acquiring a turnkey operation with substantial existing assets, buyers can avoid the significant time, cost, and risk associated with building a hospitality business from the ground up, allowing them to focus on generating revenue from day one.
Market Outlook / Competition
Facilities:
Centrally located with 20+ Parking spaces in front /back giving patrons plenty of parking. Newer roof and furnace with the rest of the building well maintained.

Competition:
Very little competition because this is a "Cheers" type of tavern where everyone knows your name - patrons come in to just socialize and have a good time. Apartments near by.

Financing:
We have multiple lenders to choose from for both a conventional loan or an SBA loan.
Opportunities for Growth
Growth & Expansion:
Marketing and advertising (currently very little being done), light refurbishing, enlarge the food menu, offer specials and events and catering.
Real Estate
Owned or Leased
Owned
Not included in asking price
About the Sale
Seller Motivation
Retirement
Transition Support
TBD & flexible
Financing Options
Total package price: $999,900, SBA eligible, we have multiple reputable lenders
Listing Info
ID
2536399
Listing Views
168

Listing ID: 2536399 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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