Independent Gourmet Sandwich Restaurant

Basalt, CO (Eagle County)

Seller Financing Available
Independent Gourmet Sandwich Restaurant
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Asking Price: $149,000

Cash Flow: $70,000

Gross Revenue: $300,000

EBITDA: N/A

FF&E: $75,000

Inventory: $5,000*

Established: 1995

*not included in asking price.

Independent Gourmet Sandwich Restaurant

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Business Description

Excellently located in busy shopping center

Buy this Profitable Well-Known Independent Breakfast, Gourmet Sandwich & Take-Out cafe in Basalt, Colorado and enjoy limited hours while producing $70,000 in Owner Earnings. Great lifestyle business opportunity with room to grow. Not a franchise...no royalties.

Buy this restaurant if you are looking to own your own business without working evenings. This is the business opportunity you have been waiting for. This is a favorite for locals and tourists, with freshly made sandwiches, soups, salads and baked goods. Open 7 days, 6:30am-5:30pm. Business hours equal quality of life for the right owner operator. Perfect for a couple with a family.

Opened in 1995, it has an established and loyal following. Current owner benefit is $70,000 with opportunity for growth. Sales for 2017 were over $300,000.  Low cost of goods sold means high profits for an owner/operator.

Conveniently located in a highly trafficked grocery store anchored shopping center on a major highway to resort areas. Take-out meals, salads, sandwiches, smoothies and coffee, all made with fresh ingredients, continue to drive growth. Online reviews are a reflection of the loyal customers who enjoy the freshly prepared menu offerings and consider this restaurant a staple in this busy area of town.

The business is situated in an efficient, easy to manage 1,000 square foot space. Enjoy a low monthly lease rate, with 2 years remaining on the current lease (new lease with renewal options will be available to a new owner). Seating for 25 inside with additional seating for 6 outside. The small commercial kitchen comes with everything you will need to continue serving freshly made dishes for the loyal local clientele. All recipes transfer with the sale and the new owner will enjoy training from the seller to insure a smooth transfer of ownership.

This is a chance to capitalize on a popular and successful concept!  Add more take-out meals, expand catering or increase hours increase revenue.

Detailed Information

Location:
Basalt, CO
Inventory:
Not included in asking price
Employees:
1 FT, 2 PT
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
1,000 sf leased space with 25 seats inside, 6 outside, commercial kitchen and display cases.
Competition:
This restaurant differentiates itself on the quality of its fresh ingredients and customer service.
Growth & Expansion:
Take-out meals may be expanded, as well as catering and hours of operation to grow the business.
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
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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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