Local Fav Restaurant and Real Estate for Sale

Delta, CO (Delta County)

Local Fav Restaurant and Real Estate for Sale
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Asking Price: Get Financing: $389,000

Cash Flow: N/A

Gross Revenue: $690,530

EBITDA: N/A

FF&E: N/A

Inventory: N/A

Real Estate: N/A

Established: 2001

Local Fav Restaurant and Real Estate for Sale

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Business Description

LOCALS FAV RESTAURANT W/LOUNGE PLUS REAL ESTATE

Gross sales over 6.6% YTD October from 2017 and still growing! Located in Delta, Colorado in the booming western part of the state where the weather is great and the views and lifestyle, more so. This location has been serving the community since 1949. Current Owners have operated this business since 2001.

This gem of a restaurant is a well known and highly patronized family restaurant serving breakfast, lunch and dinner 6 - 7 days a week with a full bar. Excellent visibility, new pole sign, lots of parking, great western atmosphere. Menu just updated and offers a variety of items with pies baked fresh on site. Business, trade name and inventory are included in the price. Management in place, kitchen manager has been there for over 16 years with full management experience as well as kitchen management experience.

The dining room and bar area currently seat 90 with additional seating outdoors on the patio for another 20 - 30. The "old west" bar area has an incredible, old wood bar and a mirror back that is very unique and classic. Real Estate included!

Detailed Information

Inventory:
Included in asking price
Real Estate:
Owned
Included in asking price
Building SF:
3,659
Employees:
5 FT 19PT
Facilities:
Well established full service restaurant and lounge, open for breakfast, lunch, dinner, 7 days a week. Family style cafe, diner with large restaurant lounge area and private patio seating. LOCATION, LOCATION, LOCATION - ideally situated where the new truck route ends with a right in right out on both the new route and Main Street/Hwy 50. Great exposure, signage, long time customers.
Competition:
Booming area with residential sales consistently exceeding previous month's sales.
Growth & Expansion:
Lots of potential to grow existing business: increase the bar revenue by offering happy hour and special events, feature live music during dinner, perfect for a new brewpub or possibly a chain restaurant as the location is ideal.
Support & Training:
Training up to two weeks normal hours available.
Reason for Selling:
Owners have built the business for over 17 years and ready to move on
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Business Location


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Lucinda Stanley, CCIM

Business Listed By:
Lucinda Stanley, CCIM

Grand Mesa Commercial Real Estate

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