Established 25+ Years Classic Italian Restaurant

Eagle County, CO

Seller Financing Available
Established 25+ Years Classic Italian Restaurant
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Asking Price: $550,000

Cash Flow: $100,000

Gross Revenue: $630,000

EBITDA: N/A

FF&E: $25,000

Inventory: $3,500

Rent: $0.00

Established: 1993

Established 25+ Years Classic Italian Restaurant

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Business Description

Available now -- well-established classic Italian restaurant and bar, which is a destination for locals and visitors, as well as for special events.  In business for over 25 years, the reason for sale is retirement. The restaurant offers a comfortable atmosphere for dinner and drinks.  With 100 seats inside and 100 seats on the deck, the restaurant is a favorite for family gatherings, events and work parties throughout the year.  The owner’s role has been limited.  Chef and staff are in place.  If you are looking for a classic restaurant business with a proven track record, solid cash flow, amazing food and repeat customers, this is for you!

Detailed Information

Location:
Eagle County, CO
Inventory:
Included in asking price
Real Estate:
Leased
Building SF:
1,346
Lease Expiration:
N/A
Employees:
6 FT, 9 PT
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
This restaurant is located with easy access from a busy highway, occupying 1,346 sf for the bar, dining area and kitchen, plus outside deck and trash facility. The seating capacity is 100 seats inside and 100 seats seasonal outside on the deck.
Competition:
Ideal location, long term staff, affordable prices and excellent reputation differentiate this restaurant from others in town.
Growth & Expansion:
A new owner could add breakfast and/or lunch service, as well as expand catering and bookings for private groups or special events.
Financing:
The Seller will entertain offers of varying financial and legal structures.
Support & Training:
Seller will provide effective training and knowledge transfer to the Buyer in all matters relating to Company operations.
Reason for Selling:
Retirement
Contact Seller

Contact the Seller

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Charles Spickert, CBI

Business Listed By:
Charles P. Spickert, CBI

Touchstone Business Advisors

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Memberships & Certifications:
Indicates membership in the International Business Brokers Association (IBBA). The IBBA is the only certifying organization for Business Brokers and Intermediaries who assists people in buying or selling a business. Certified Business Intermediary (CBI) is a professional certification awarded to Business Brokers and Intermediaries that have achieved stringent requirements. CBI's work by an ethical code of conduct when working with business owners and buyers. Indicates membership in The Colorado Association of Business Intermediaries (CABI).

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