Profitable Fast Casual Restaurant and Catering Business

Glenwood Springs, CO (Garfield County)

Seller Financing Available
Profitable Fast Casual Restaurant and Catering Business
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Asking Price: Get Financing: $199,000

Cash Flow: $132,500

Gross Revenue: $902,045

EBITDA: N/A

FF&E: $150,000

Inventory: $5,000

Lease Rate: N/A /SF

Established: 2006

Profitable Fast Casual Restaurant and Catering Business

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Business Description

Ideal Location in Anchored Outdoor Shopping Center

This independent southwest concept restaurant focuses on providing a fast casual dining experience with flavorful natural ingredients. The restaurant serves breakfast, lunch and dinner, and has an established and growing catering business. With a mantra of good food at a good price, meal prices are comparable to fast casual restaurant chains (without the royalties). A clean, inviting décor greets customers with both inside and seasonal outside seating. Growth opportunities for a new owner include leveraging its full liquor license with more of a sport’s bar style, increasing catering and/or expanding social media marketing to promote special events.

Detailed Information

Inventory:
Included in asking price
Real Estate:
Leased
Building SF:
2,565
Lease Expiration:
N/A
Employees:
15
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
This restaurant is located in Glenwood Meadows Mall, anchored by Target, Lowe’s, Pet Smart, Bed Bath & Beyond and Natural Grocers, along with boutique shopping and eateries. The restaurant occupies 2,565 sf for the dining area and kitchen, plus outside eating area. The seating capacity is 72 seats inside and 65 seats seasonal outside.
Competition:
Busy outside shopping mall location, ample free parking, long term staff, affordable prices and excellent reputation differentiate this restaurant from others in town. Barriers to entry include limited lease options within the shopping mall.
Growth & Expansion:
A new owner could increase social media marketing, as well as expand catering and bookings for private groups or special events.
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 from restaurant business
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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 Colorado Association of Business Intermediaries (CABI).

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