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Locals Favorite Sports Bar With Strong Year-over-year Growth In Basalt For Sale

Basalt, Colorado, US
Asking Price:
$245,000 Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
$846,275
Cash Flow:
$184,498

Opportunity to own one of the most well-known and longest running bars in town, with a rich history and loyal clientele! Pool tables, arcade games, big screen TV’s and kitchen with pizza oven. Sales in 2023 grew 60% over 2022 and are double 2021.

If you are looking for a streamlined operation where you do not need to re-invent the wheel, and a business with strong local support, this could be the best deal you find. Potential buyers will be asked to complete buyer registration, sign a non-disclosure, interview with broker and provide evidence of the resources to complete a transaction of this size before additional confidential information will be provided.

Property Information

Real Estate:

Lease

Location:

3,335 sf of leased space (new lease with renewal options began January 1, 2024) with signage visible from busy Highway 82.

Business Operation

Expansion Potential:

Growth could come from expanding social media advertising, adding more live music events, being open for lunch and/or doing more outside catering.

Competition / Market:

Location with little competition, other restaurants, have bar seating, but no other local sports bar with pool tables and pub menu.

Reasons for selling:

Retirement

Employees:
5 PT
Years established:
24

Other Information

Support & training:

Seller will provide effective training and knowledge transfer to the Buyer in all matters relating to Company operations.

Owner financing:
Owner financing is available. Please contact the seller for more information.
Financing available:

The Seller will entertain offers of varying financial and legal structures.

Furniture / Fixtures value:
$50,000 - included in the asking price
Inventory / Stock value:
$12,000 - included in the asking price