71255-Mountainside Colorado Bar and Grill

CO

Seller Financing Available
71255-Mountainside Colorado Bar and Grill
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Asking Price: Get Financing: $2,400,000

Cash Flow: $245,000

Gross Revenue: $1,387,000

EBITDA: N/A

FF&E: $115,000

Inventory: $30,000

Lease Rate: N/A /SF

Established: 2011

71255-Mountainside Colorado Bar and Grill

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Business Description

All inclusive growing restaurant with an average rating of 4 stars and a central Colorado mountain vacation destination! This sports bar and grill serves lunch, dinner and adult beverages. Their wide range menu includes appetizers and main course selections such as steak, salmon, chicken and ribs. In addition, the company offers soups, salads, quesadillas and tacos, hot and cold sandwiches, burgers, wraps and a kids’ menu. With a liquor license in place, their drink menu includes beer, wine, and spirits. The company has a proven track record, supported by strong reviews written by loyal customers over the years. With its broad range of services, the company’s marketing efforts focus on targeting local individuals and tourists in the surrounding area. They also offer catering for up to 1,000 guests. Revenues have been increasing by over $100,000 over the past three years with 17% profit margin increases. With a large customer base and solid reputation for high quality food and service, the company continues to attract new customers while maintaining its reputation with existing ones.

This owner operated business is managed in a hands-on fashion giving the owner full control over the quality of products and the customer service provided. Ideally, an industry buyer could purchase this business to merge with their existing routes and reduce operating costs even further! For full details, including location specifics Please contact IAG.

Detailed Information

Inventory:
Included in asking price
Real Estate:
Leased
Building SF:
N/A
Lease Expiration:
N/A
Employees:
29
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
The company operates from a 7,431-square foot facility which includes a bar, indoor dining and a well equipped kitchen. There is a 160+ occupancy. The property is in good condition and is included in the sale price.
Financing:
Negotiable for the right buyer
Support & Training:
While the owners are approaching retirement, the rest of the staff will most likely be willing to stay on after the sale.
Reason for Selling:
Approaching retirement.
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(from currently available funds)
 
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IAG Buyer Division

Business Listed By:
Buyer Division

IAG

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