Great Main St Business

Jefferson County, CO

Great Main St Business
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Asking Price: $740,000

Cash Flow: $295,717

Gross Revenue: $1,029,059

EBITDA: $295,717

FF&E: $317,119

Inventory: $10,000

Rent: $7,115 /Month

Established: 2004

Great Main St Business

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Business Description

Great Historic Location

The bar and grill has been family owned and operated since inception in 2004. Ownership spent $1M renovating the location in 2009, providing patrons with beautiful, spacious seating in a relaxed and comfortable atmosphere including a fireplace for the winter and a garage door that opens to the main thoroughfare for the summer.

Ownership prides itself on serving delicious southern dishes and great hospitality. Patrons enjoy an extensive and affordable menu featuring a full bar, appetizers, and lunch and dinner specials. Reservations, to-go orders, and large groups can be accommodated. The lower level bar area accommodates large events such as weddings, birthdays, and other gatherings. The bar features nightly drink specials. Typical customers are college students and tourists.

Product mix break out is 29.7% Beer and Draft, 49.6% Food and N/A Beverages, and 20.7% Wine and Liquor.

Detailed Information

Location:
Jefferson County, CO
Inventory:
Included in asking price
Real Estate:
Leased
Building SF:
5,000
Lease Expiration:
N/A
Employees:
13
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
The sale of the business includes all standard equipment for the business as it exists today. The building, located in the desirable downtown area, is two levels with approximately 5,000 sq ft.
Competition:
The local market is experiencing a strong local economy with growth in population, median household income, number of employees, and medial property value. The median resident age is 30.7, which is in the target demographic for the bar and grill.
Support & Training:
Ownership is open to a transition period with a new owner for up to 6 months post sale.
Reason for Selling:
Retirement
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Arthur Nobles

Business Listed By:
Arthur Nobles

Blue Sky Business Resources

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Sponsoring Broker:
Troy Tucker

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