Well-Established Italian restaurant
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PREMIER ITALIAN RESTAURANT WITH REAL ESTATE - TURNKEY ACQUISITION OPPORTUNITY
Exceptional opportunity to acquire a well-established Italian restaurant along with valuable commercial real estate in Western Colorado. This premier dining destination combines nearly five decades of hospitality excellence with significant growth potential and real estate appreciation.
FINANCIAL PERFORMANCE:
- Annual Revenue: $979,691
- Seller's Discretionary Earnings: $58,652
- EBITDA: $39,568
- Asking Price: $1,600,000
- Real Estate Value: $1,425,000 (included in sale)
- FF&E Value: $80,000
- Inventory: $25,000
PROPERTY FEATURES:
- 3,015 SF stand-alone mixed-use commercial building
- Prime corner location with exceptional visibility and accessibility
- Additional 0.08-acre vacant parcel for future development
- Upstairs residential apartment for owner use or rental income
- Mixed-use zoning providing operational flexibility
BUSINESS STRENGTHS:
- Established hospitality business with nearly 50 years of operating history
- Turnkey operation including all furniture, fixtures and equipment
- Fully equipped commercial kitchen and full-service bar
- Experienced management team and trained staff in place
- Loyal customer base with strong reputation for quality and service
- Benefits from robust regional tourism and repeat local clientele
GROWTH POTENTIAL:
- Currently focused on dinner service with opportunity to expand operating hours
- Potential for breakfast and lunch service to increase daily revenue
- Catering services for weddings, private events, and corporate functions
- Enhanced marketing initiatives and digital presence
- Multiple opportunities to increase average guest spending
TRANSITION SUPPORT:
- Seller financing available
- Comprehensive training and operational guidance provided
- Introduction to vendor relationships and service providers
- Detailed instruction on recipes, menu preparation, and bar operations
- Experienced workforce ensures continuity of operations
This rare offering combines immediate operational income with long-term real estate investment potential. The business benefits from year-round recreational tourism and continued regional growth. Originally founded in 1976 and successfully relocated in 2022, the restaurant has maintained its position as a premier Italian dining destination.
Ideal for owner-operators, hospitality professionals, or investors seeking an established business with proven performance and multiple expansion opportunities in a desirable Colorado mountain community.
Exceptional opportunity to acquire a well-established Italian restaurant along with valuable commercial real estate in Western Colorado. This premier dining destination combines nearly five decades of hospitality excellence with significant growth potential and real estate appreciation.
FINANCIAL PERFORMANCE:
- Annual Revenue: $979,691
- Seller's Discretionary Earnings: $58,652
- EBITDA: $39,568
- Asking Price: $1,600,000
- Real Estate Value: $1,425,000 (included in sale)
- FF&E Value: $80,000
- Inventory: $25,000
PROPERTY FEATURES:
- 3,015 SF stand-alone mixed-use commercial building
- Prime corner location with exceptional visibility and accessibility
- Additional 0.08-acre vacant parcel for future development
- Upstairs residential apartment for owner use or rental income
- Mixed-use zoning providing operational flexibility
BUSINESS STRENGTHS:
- Established hospitality business with nearly 50 years of operating history
- Turnkey operation including all furniture, fixtures and equipment
- Fully equipped commercial kitchen and full-service bar
- Experienced management team and trained staff in place
- Loyal customer base with strong reputation for quality and service
- Benefits from robust regional tourism and repeat local clientele
GROWTH POTENTIAL:
- Currently focused on dinner service with opportunity to expand operating hours
- Potential for breakfast and lunch service to increase daily revenue
- Catering services for weddings, private events, and corporate functions
- Enhanced marketing initiatives and digital presence
- Multiple opportunities to increase average guest spending
TRANSITION SUPPORT:
- Seller financing available
- Comprehensive training and operational guidance provided
- Introduction to vendor relationships and service providers
- Detailed instruction on recipes, menu preparation, and bar operations
- Experienced workforce ensures continuity of operations
This rare offering combines immediate operational income with long-term real estate investment potential. The business benefits from year-round recreational tourism and continued regional growth. Originally founded in 1976 and successfully relocated in 2022, the restaurant has maintained its position as a premier Italian dining destination.
Ideal for owner-operators, hospitality professionals, or investors seeking an established business with proven performance and multiple expansion opportunities in a desirable Colorado mountain community.
About the Business
- Years in Operation
- 14
- Employees
- 12 (4 Full-time, 8 Part-time)
Busers are high turnover and seasonal - Facilities & Assets
- The real estate consists of a 3,015sf mixed-use commercial building on a highly visible corner. The offering also includes an adjacent 0.08-acre vacant parcel, providing additional flexibility for future expansion, or other complementary uses, subject to local approvals.
The property is fully equipped and operating as a turnkey restaurant. All furniture, fixtures, and equipment necessary to operate the business are included in the sale, (excluding seller's personal property and inventory, if applicable). The facility includes a commercial kitchen, walk-in cooler, grease trap, full-service bar, dining area, and upstairs residential apartment that may serve as owner occupancy, employee housing, or provide supplemental rental income.
This well-established restaurant facility, sitting on a prime corner location creates a rare opportunity to acquire both a successful operating business and a valuable real estate investment. - Market Outlook / Competition
- The restaurant has established itself as one of the premier Italian dining destinations serving the region. Originally founded in 1976 and successfully relocating in 2022, the restaurant has maintained its strong reputation for authentic Italian cuisine, exceptional customer service, and a welcoming dining atmosphere. The business benefits from a loyal local customer base while attracting a steady flow of tourists visiting the area's year-round recreational destinations. With continued regional population growth, strong tourism, and opportunities to expand into breakfast, lunch, catering, and private events, The restaurant is well positioned for future growth and increased market share.
- Opportunities for Growth
- The business offers multiple opportunities for future growth under new ownership. Operations are currently focused primarily on dinner service, providing the potential to expand into breakfast and lunch offerings to increase daily revenue. Additional growth opportunities include expanding catering services for weddings, private events, and corporate functions, increasing participation in community events, enhancing digital marketing and social media presence, and implementing targeted initiatives to increase average guest spending. Supported by a loyal customer base, an experienced staff, a turnkey operation, and continued regional population growth and tourism, the business is well positioned for an owner to build upon an established foundation while increasing both revenue and profitability.
Real Estate
- Owned or Leased
- Owned
- Included in asking price
- Building Sq. Ft.
- 3,015
About the Sale
- Seller Motivation
- Owners Selling to Spend More Time with Their Growing Family
- Transition Support
- Owners are committed to facilitating a smooth and successful transition and provide reasonable training and support post-close. The transition period will include an overview of the restaurant's operations, administrative functions, operating procedures, vendor relationships, inventory management, staffing, scheduling, and POS systems.
The business has an experienced team of kitchen staff and front-of-house employees who are familiar with the restaurant's operating procedures and service standards, established workforce provides continuity for a new owner.
During the transition, the sellers will introduce service providers, and other important business relationships and provide guidance on recipes, menu preparation, food sourcing, and bar operations, allowing a buyer to assume ownership with minimal interruption to ongoing operations.
The specific scope of post-closing training and consultation will be mutually agreed upon by the buyer and seller during the purchase process.
Listing Info
- ID
- 2538194
- Listing Views
Attached DocumentsAttachment Disclaimer
Listing ID: 2538194 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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