Profitable Colorado Restaurant For Sale

El Jebel, CO (Garfield County)

Profitable Colorado Restaurant For Sale
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Asking Price: $550,000

Cash Flow: N/A

Gross Revenue: N/A

EBITDA: N/A

FF&E: $248,000

Inventory: N/A

Rent: $1,850 /Month

Established: 1992

Profitable Colorado Restaurant For Sale

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Business Description

High Traffic Location + Consistent Food and Service = Profit

BELLA MIA RESTAURANT

Bella Mia is the epitome of what a “Neighborhood Restaurant” should be. Profitably operating in this location for 27 years. If you live here, when you walk into the restaurant you know everyone there and the staff greets you by name. With some of the staff on the job for 23 years the consistency delivered at Bella Mia is incomparable.

1346 sqft inside with 50+ seats in the dining area and another 8 at the bar. This restaurant is easily handled by 2-3 in the front and 2-3 in the back. Give your guests the attention they deserve by touching every table.

In the summer, add another 30 seats on the front patio. Surrounded by flowers, with a stream running underneath, your guests will feel like they have the world to themselves.

Monthly lease payments including NNN are approximately $1850. 8.5 years left on the current term with one 5-year option. Gives the new owner 13.5 years with the best lease in the valley.

If you or someone you know is ready…This is their chance.

Attached Documents


Detailed Information

Location:
El Jebel, CO
Inventory:
Included in asking price
Real Estate:
Leased
Building SF:
1,342
Lease Expiration:
N/A
Employees:
9
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
50 Seats in the dining room, 8 at the bar 24 on the seasonal patio. Wood fired pizza oven in the kitchen. End unit with high traffic and high visibility.
Competition:
Over the last 10 years this area has been the fasting growing area in the Roaring Fork Valley. With the addition of a Whole Foods, an Element Hotel, and hundreds of new residences this is the center of our little universe. With the addition of more people also came new competition and rents have skyrocketed! The current owner saw this coming and signed a long term lease at an incredibly low rate. What you would pay for a year here, is what you would pay for 2 months right across the highway. A brand new development just broke ground right next door. This development will include a new hotel and over 300 residences. This is a slam dunk.
Support & Training:
Owner will help train for a smooth transition
Reason for Selling:
Retirement
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Mike Mercatoris

Business Listed By:
Mike Mercatoris

Stewart Title

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