Iconic BBQ Restaurant for Sale in West Colorado!

Delta County, CO

We Sell Restaurants - Colorado Restaurant Brokers
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Asking Price: $349,000

Cash Flow: $140,066

Gross Revenue: $1,147,543

EBITDA: N/A

FF&E: N/A

Inventory: N/A

Rent: $3,008 /Month

Established: 1974

Iconic BBQ Restaurant for Sale in West Colorado!

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Business Description

Iconic BBQ Restaurant for sale in Colorado with sales of $1.1 million and six figure cash flow! Includes a one-bedroom apartment!
This popular BBQ Restaurant for Sale is located on Colorado's up and coming Western Slope. It is near Grand Mesa, the world's largest flat-top mountain, and close to the booming fruit and wine producing area of West Colorado. It is home to over 300 lakes, rivers and streams that attract visitors from all over the world. Outdoor enthusiasts come all year round to ski, snowmobile, hunt, fish, hike, bike and snow shoe. It is truly a phenomenal place to live, work and raise a family.
With sales over $1,100,000 annually and seller's discretionary income of over $140,000, this listing from the Restaurant Brokers in Colorado is very profitable and will qualify for financing. The restaurant area is about 3200 square feet and seats 74. There is a large area for catering in the back and plenty of parking.
Just when it could not get any better, there is a one bedroom apartment upstairs that can be used by an owner/manager, or rent it out for additional income. The seller will be your landlord with rent under $3000 per month. That is unheard of in the restaurant business. The seller will work with a new buyer to customize a new lease that works for all and will stay on to train a new owner for a negotiated period of time. In addition this restaurant has been preapproved by one of our preferred lenders for financing.
In business for over 40 years, this BBQ restaurant for sale offered by the restaurant brokers has been serving up smoky meat and other specialties for as long as anyone can remember. Since it is located on Colorado's Western Slope, it is fitting that all the meat is smoked with readily available local applewood. Ribs, ham, brisket and chicken are slow smoked and prepared daily. Also serving awesome steaks, fried chicken and catfish as well as the best chicken fried steak you have ever tasted. This restaurant is open for breakfast, lunch and dinner six days a week.
The fully equipped commercial kitchen at this BBQ restaurant for sale has plenty of food prep and assembly area and equipment, as well as a large walk-in cooler and freezer and a dishwasher that is owned [not leased]. The ''MEGA'' smoker is out front where incoming guests can see and smell the bbq. Food preparation occurs behind a display counter that is used to sell fresh made pies and other to-go accompaniments.

Detailed Information

Location:
Delta County, CO
Real Estate:
Leased
Building SF:
3,200
Lease Expiration:
N/A
Employees:
22
Facilities:
7 Storage Shelves 2 3 bin Flower Bins 1-M3 Turbo Air 3 Door Cooler 1-Defild Cold Table 1-4 place Steam Table 2-Dean Deep Fat Fryers 1-Vulcan 48 Grill 1-Vulcan 4 Burner 2 oven 36 Grill Stove 1-Vulcan 6 Burner 36 1-Wolf Pot Heater Stove 1-Imperial Pot heater Stove 1-Blodgett Double Pizza Oven 2-Panasonic microwave oven 1-Steakmaster Model 401 Meat Tenderizer 1-Sanitary Mod 1275 meat Grinder 1-Toastmaster 4 slice toaster 1-Hobart Mixer 1-UnivexMIxer 1-Kold Milk Milk Dispenser 1-Series 450 Manitowoc ice Machine with Ice Bin 1-Toastmaster 2 Drawer Bread Warmer 2-T V 1-7 Stainless Steel Table 1-4 Stainless Steel Table 2-Cutting Board Top Tables 2-Wood top Tables 1-G E Electric Upright Freezer 1-Gambles Chest Freezer 1-Hobart Potato Peeler 2-Stainless steel Utility Carts 3-Rubbermaid Utility Carts 6 Pans 4 Full Pans 2 Full Pans 6 Full Pans Stock Pans from 2 gallon to 20 gallon 7 qt Round Inserts Various Sized Insert Pans 10 Pie Plates 17x26 Cookie Sheets 12x15 Cookie Sheets Cupcake Pans Various Sized Lids Stainless Steel Salad Bowls Platters Plates Soup Bowls Soup Cups Pie Plates Coffee Cups All utensils Block Area 2 Wood Cutting Blocks 1 True Pie Case 1 Frigidaire Sliding Door Cooler Remote Compressor 1 Hobart Scale 1 Display Case Bronco Paraphernalia 1 2-place Steam Table 302S 3 4 Place Booths 21 Tables 64 Chairs 1 GE Refrigerator 2 Deer Mounts 1 Antelope Mount Jackson Dish Washer POS with Two terminals and 4 printers
Competition:
Only full service restaurant in a very small town Great reputation with the locals
Growth & Expansion:
Hours could be expanded Currently closed Sundays and Mondays
Financing:
Seller will remain as landlord and negotiate a lease that works for all.
Support & Training:
Minimum of 2 weeks with additional possible.
Reason for Selling:
Personal
Business Website:
http://www.wesellrestaurants.com
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Bob Steinberger

Business Listed By:
Bob Steinberger

We Sell Restaurants

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Sponsoring Broker:
Eric Gagnon

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