Montezuma County, CO Restaurants and Food Businesses For Sale

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Profitable Steakhouse for Sale in Southwestern ColoradoProfitable Steakhouse for Sale in Southwestern Colorado
$675,000
Profitable Steakhouse for Sale in Southwestern ColoradoProfitable Steakhouse for Sale in Southwestern Colorado

Cortez, CO

Buy this long-term profitable Steakhouse for Sale in the four corners area of Southwestern Colorado. Includes the real estate which sits on .32 acre corner lot, on the busiest street in town! The great location of this thriving Steakhouse for Sale is located in beautiful Southwestern Colorado, and is the perfect springboard on which to build your own dream restaurant or continue the legacy of success of the existing business. Property is a corner-lot next to the busiest intersection in town and offers the highest level of visibility, with over 35,000 cars passing through each day. The tourist market in this area is strong, and brings in people from all over the world year round. Nearby are many, many miles of National Forrests, conservation areas, and attractions like the Canyons of the Ancients. Can you say location? This steakhouse for sale by the restaurant brokers is within walking distance of 6 major hotels, filled with visitors from around the world on their way to see Mesa Verde National Park. Neighboring businesses include a Wal-Mart, Wal-Greens, the new 155,000 +/-sq foot Montezuma Cortez High School with occupancy of 6400 people, plus a new shopping plaza with multiple stores and offices. This location in the Four Corners area is set up very nicely and includes a second private dining room with two size configurations, which adds a consistent extra revenue stream. It is also a locals' favorite dining spot known for the best patio in town, consistently excellent food, and a very user friendly venue of meeting options and/or group meeting facilities. Also the multi-level patio at this Steakhouse for Sale is gorgeous and has a water feature with koi pond, and lush landscaping all under a beautiful pergola which makes for a memorable dining experience for both the tourists and locals. The fully functional commercial kitchen includes a walk-in cooler, char grill, flat top, deep fryers and full prep area. The area boasts 116 acres of parks and trails, as well as a professional 18-hole golf course. The Crossroads Culture Walk downtown guides you through the history of the town with buildings dating from the 1890s to the 1930s. A short drive south is McElmo Canyon, the location for the growing micro-industry of viticulture. This Steakhouse for Sale by the Restaurant Brokers has it all! The menu is broken down into lunch, which features fresh sandwiches and burgers served on homemade bread, freshly prepared soups and salads, luncheon steaks and seafood. The dinner menu features the best steaks, high quality fresh seafood including lobster tails, salmon, tilapia, pastas and more. This Steakhouse for Sale also features fresh Bison and Elk steaks and burgers. The breads are baked fresh daily and include many Gluten free options. The wine list is extensive and compliments the food very well.

Arby's | New 20-Year Franchise Agreement
$1,600,000Cash Flow: $318,735
Arby's | New 20-Year Franchise Agreement

Cortez, CO

Marcus & Millichap is pleased to offer this 2,987 SF Arby's located in Cortez, CO. The property is situated on .79 Acres of land. The site has been completely remodeled to Arby's Delight prototype and just received a new 20-year franchise agreement. The remodel cost over $750,000 and includes a new roof, AC Units, and newly sealed parking lot. Sales are projected to increase approximately 10% after the extensive remodel. The business is valued at 4X EBITDA and financials are available upon request. This site must be sold with the Arby's in Montrose, CO. The average household income within a five-mile radius is $56,000 annually and it has a daytime population of 15,000 +. The property is located on the main retail corridor, which includes Walmart, City Market, Walgreens, Family Dollar and more. This listing must be purchased with the Arby's in Montrose, CO. Total portfolio price of $4.1 million.


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