Turn-key Boulder County Restaurant

Lafayette, CO (Boulder County)

Seller Financing Available
Turn-key Boulder County Restaurant

Asking Price:$475,000

Cash Flow:$75,000

Gross Revenue:$800,000

EBITDA:N/A

FF&E:$275,000

Inventory:$10,000*

Established:2014

*not included in asking price.

Turn-key Boulder County Restaurant

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Business Description

Lafayette is located in east Boulder County, just 15 minutes east of the City of Boulder. The cost of living in Boulder has risen so much that all the new growth in the area is in east Boulder County. With over 30,000 cars passing the Center daily, there is plenty of exposure. The current restaurant concept is a fast-casual restaurant, but the physical facility is adaptable to almost any other concept, including full-service, with minimal investment.

Detailed Information

Inventory:
Not included in asking price
Employees:
15
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
The business is in the second year of a very favorable 5-yr assumable lease, with two additional 5-yr option year terms available in the lease terms. Virtually all of the furniture, fixtures and equipment were brand new when the restaurant opened in 2014, and have been impeccably maintained. All the F,F & E, as well as decor elements are included in the sale price.
Competition:
The existing concept is a unique fast-casual restaurant concept that has already won several awards and has received generally rave reviews on social media. There is no specific direct competition within the local market (5-mile radius), although there are several successful other full-service, fast-food and fast-casual restaurant concepts in the local area.
Growth & Expansion:
The current concept has been branded for potential multi-unit expansion and this location has the potential to be a commissary for additional units in the region.
Support & Training:
The current owner will support and train a Buyer for 45 days included in the sale price. For a fee, the current owner will continue to consult with the Buyer at the Buyer's discretion for up to a year.

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