Services - Other Business Services | Services - Hotels & Other Lodging

Asking Price	Not Disclosed	Inventory
Gross Income	$1,150,000	Real Estate	$4,200,000*
Cash Flow	$550,000	Year Established	1908
FF&E	$1,250,000*	Employees	11-25

* included in the asking price

** not included in the asking price

Forbes Mergers & Acquisitions is representing Colorado's top ranked event center awarded by the Nation's Leading Wedding Publication. This green-accredited business hosts events in a stunning setting with diverse facilities, surrounded by rugged wilderness, yet only a short distance from multiple metropolitan areas. Owners, staff and guests enjoy celebrating in a mountain setting of a lifetime, and vast recreation opportunities. Cash flows remain strong and growing despite current economy, due to industry niche, and evidenced by bookings well into 2011. Acclaimed as one of the Last Perfect Places in Colorado by one of Denver's Premier Magazines, this spectacular historic site has attracted guests since 1908. Situated at 8,300 feet at the entrance to a Top 10 national park, the 13 acre site includes pine forest, aspen groves, wild flow meadows, abundant wild life, and one of the top wild trout streams in the U.S. Immediate access to trailheads, waterfalls, lakes, game trails, horse paths and vast recreational activities have attracted generations of repeat customers, and promise a new owner a lifestyle of blissful balance. This seemingly secluded mountain retreat is only a short distance from Denver, Boulder, and other major metropolitan areas.

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Facilities: Classic Rocky Mountain charm best describes the facilities. Wood and stone craftsmanship create an air of casual elegance. The 12,000 sq.ft. 3-story main building includes wrap-around decks with spectacular views, 2 large banquet rooms, 2 bars, 6 guest rooms (including a master suite), a main kitchen, a satellite kitchen, a bridal changing room, and a children s activity room. Picturesque outdoor facilities on the property include a natural amphitheater atop a rushing stream, a meadow wedding site carpeted in wild flowers, and a stable/outfitter.

Competition: The business enjoys a strong competitive position, as evidenced by years of international recognition, current #1 ranking in Colorado, and consistently highest bookings relative to its competitors. Sustainable advantages and barriers to entry include 100 years of returning guests and word-of-mouth, a one-of-a-kind and extremely advantageous location, and a unique property exceptionally well suited for events.

Growth/Expansion: There is tremendous potential for the right acquirer. A buyer can obtain and leverage very strong financials, exceptional reputation, a rare location, diverse facilities, and multiple avenues for additional growth, including expanded event types, catering services, lodging, and ancillary services (spa, recreation, etc.)

Financing: Negotiable. Bank Financing Identified.

Support/Training: A backlog of bookings, management team, and mature business infrastructure will provide a solid foundation for the transition. Seller is available as needed to ensure the new owner's success and get quickly up to speed so they can start enjoying the business and area.

Reason Selling: Health issues