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High Earnings Mountain Resort Restaurant For Sale

Mountain Resort, Colorado, US
Asking Price:
$1,895,000 Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
$2,500,000
Cash Flow:
$650,000

Popular Restaurant in Colorado Mountain Resort Community - This business is an "Institution" in the community; has excellent Word of Mouth (WOM) and client reviews; and has a multi-generational repeat clientele. Simple and creative menu format reflects the culture of the community and is loved by locals and visitors alike.

The business has been growing 23%, 7% and 4% in 2017 - 2019 respectively, with room for continued growth! 2021 Revenue and Profits are up/over 2019! Excellent opportunity for a marketing, management, and operational professional to add simple updates while keeping the staff, menu, and culture in place! Leasehold Improvements are extensive, professional, and clean.

This business has excellent customer reviews. The loyal staff have worked there for many years, so the team is a "well oiled machine." The business financial statements are professional and well organized with very documentable Earnings. Business Earnings are consistently performing at 27% - 28% of Revenue and Top of Industry! Sellers prefer an active Owner-Operator buyer, who wants to be a part of the business "family" and community.

Owner operates this business alongside a talented team of employees (Owner is Front of House). Buyer does not need restaurant experience, although marketing, management, and finance skills will be helpful. Buyer should bring a minimum of $300,000 in down-payment (cash or retirement funds/ROBS) along with approximately $50,000 in Working Capital. SBA Financing available at approximately 75%- 80% of Sale Price (10yrs, 5.5%). This is a fun, social and active business to own and operate - immersed in the local culture with an excellent employee team!

This is a solid business with growing performance and a seasoned brand. Act quickly!

Property Information

Real Estate:

Lease

Business Operation

Reasons for selling:

Other Business Interests

Employees:
35

Other Information

Furniture / Fixtures value:
$100,000 - included in the asking price
Inventory / Stock value:
$8,000 - included in the asking price

Contact Front Range Business Inc.

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