18 Year Established Restaurant Must Sell Includes Real Estate

Delta, CO (Delta County)

18 Year Established Restaurant Must Sell Includes Real Estate
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Asking Price: Get Financing: $389,000

Cash Flow: N/A

Gross Revenue: $690,530

EBITDA: N/A

FF&E: N/A

Inventory: N/A

Real Estate: N/A

Established: 2001

18 Year Established Restaurant Must Sell Includes Real Estate

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Business Description

PRICE DRASTICALLY DROPPED for quick sale! FLEXIBLE TERMS! Located in Delta, Colorado in the booming western part of the state where the weather is great and the views and lifestyle, more so. This location has been serving the community since 1949. Current Owners have operated this business since 2001.

This gem of a restaurant is a well known and highly patronized family restaurant serving breakfast, lunch and dinner 6 - 7 days a week with a full bar. Excellent visibility, new pole sign, lots of parking, great western atmosphere. Menu just updated and offers a variety of items with pies baked fresh on site. Business, trade name and inventory are included in the price. Many possibilities: continue as a restaurant and/or create a Brew Pub, high end steak house, increase revenue by offering happy hour, feature live music and special events. BBQ smoker not included, some other exclusions as well, call for details and list.

The dining room and bar area currently seat 90 with additional seating outdoors on the patio for another 20 - 30. The "old west" bar area has an incredible, old wood bar and a mirror back that is very unique and classic. Real Estate included!

Detailed Information

Inventory:
Included in asking price
Real Estate:
Owned
Included in asking price
Building SF:
3,659
Employees:
5 FT 19PT
Facilities:
Well established full service restaurant and lounge, open for breakfast, lunch, dinner, 5 days a week. Family style cafe, diner with large restaurant lounge area and private patio seating. LOCATION, LOCATION, LOCATION - ideally situated where the new truck route ends with a right in right out on both the new route and Main Street/Hwy 50. Great exposure, signage, long time customers.
Competition:
Booming area with residential sales consistently exceeding previous month's sales.
Growth & Expansion:
Lots of potential to grow existing business: increase the bar revenue by offering happy hour and special events, feature live music during dinner, perfect for a new brewpub or possibly a chain restaurant as the location is ideal.
Support & Training:
Training up to two weeks normal hours available.
Reason for Selling:
Owners have built the business for over 17 years and ready to move on
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Business Location


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(from currently available funds)
 
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Lucinda Stanley, CCIM

Business Listed By:
Lucinda Stanley, CCIM

Grand Mesa Commercial Real Estate

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