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Tourist Haven Grand Lake Resort Area Inn and Fine Dining Restaurant

Grand Lake, Colorado (Grand County)

Retail - Restaurants | Services - Hotels & Other Lodging

Asking Price $1,170,000 Inventory $10,000** 
Gross Income $342,000 Real Estate $950,000** 
Cash Flow $110,000 Year Established 1998
FF&E $75,000* Employees 2

* included in the asking price

** not included in the asking price

The inn is located on the main street of highly touristed Grand Lake, Colorado. 2.5 hours west of Denver, Grand Lake is the deepest lake in Colorado, and is a terrific place for summer watersports. It is also just minutes from an entrance to Rocky Mountain National Park, Colorado's biggest tourist attraction, with more than 3 million visitors per year. The restaurant is the business's main source of revenue, accounting for 85% of total income. Under the same ownership for the past 10 years, the inn has a resident chef. The owners are responsible for front of the house activities, and the restaurant enjoys a fine reputation and is one of the best dining options in Grand Lake. There are four guest rooms (one a two bedroom two bath suite that could easily be a spacious owner's quarters). For more photos and information, visit www.innmatchmakers.com.

Facilities: The building is currently configured with the dining room and kitchen facilities on the main floor. All guest rooms are on the second floor; one is a two bedroom aparment. There is also a small apartment currently occupied by the chef.

Competition: The restaurant enjoys a fine reputation locally. There are a number of competitors, but only 1 or 2 that provide a fine dining experience.

Growth/Expansion: The restaurant could be opened for longer hours than its current use. Also, the occupancy for guest rooms could be increased.

Financing: Seller will consider partial financing for qualified buyer

Support/Training: Owners will train buyers for as long as necessary.

Reason Selling: Owners are retiring

Business listed by

Roxanne Kolbe

303-916-8660


Inn Matchmakers


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