Jewels In The Heart Of Durango

Durango, CO (La Plata County)

Seller Financing Available
Eno Exterior

Asking Price:$440,000

Cash Flow:$145,000

Gross Revenue:$1,200,000

EBITDA:N/A

FF&E:N/A

Inventory:N/A

Real Estate:$1,300,000*

Established:1996

*not included in asking price.

Jewels In The Heart Of Durango

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Business Description

Established, Elegant, Extraordinary ... and Very, Very Popular!

Two established businesses for sale – Cyprus Café and Eno Wine Bar and Cocktail Lounge – adjoin their shared 3-season garden patio, popular for outdoor dining, music, and events. Twenty years of an impeccable reputation in one of the best locations in Durango, with an active direct mailing list to hundreds of devoted customers. Located on E. 2nd Ave, Cyprus was the original farm-to-table restaurant in town, and is known for creative menus and specials. Next door, Eno serves as a delightful summer space for pre-dinner sparkling seasonal cocktails and wines; winters, Eno vibrates with intimate, live music.

Cyprus was completely renovated in 2014, bringing not only updated design and flair, but also fully updated heating and water systems and walk in coolers. Eno was developed in 2010, and gently retouched in 2015 to make it even more cozy. The businesses are in excellent condition.

These businesses offer the right buyer huge upside potential: Eno is only open evenings; Cyprus has never capitalized on a vibrant breakfast scene. The current owner has hired both chefs and managers, and has made a good living as well: the right person or partners could easily grow the available cash flow.

Detailed Information

Inventory:
Included in asking price
Real Estate:
Owned
Not included in asking price
Building SF:
N/A
Employees:
Seasonal
Facilities:
Two independent buildings with an adjoining patio. Voted best outdoor dining in Durango, Colorado. Award winning patio, mature fruit trees, parking area, live music stage. Recently renovated. All FF&E included.
Competition:
Available Upon Request.
Growth & Expansion:
Available Upon Request.
Support & Training:
Available Upon Request.
Reason for Selling:
Retirement.
Business Website:
http://www.cypruscafe.com

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Business Listed By:
Alison Dance

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