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Family Restaurant in Grand County - Real Estate included

Colorado (Grand County)

Retail - Restaurants | Retail - Other Eating & Drinking Places

$Seller Financing Available

Asking Price $420,000 Inventory $1,500** 
Gross Income $437,405 Real Estate $280,000* 
Cash Flow $77,713 Year Established 1960
FF&E List available* Employees 12

* included in the asking price

** not included in the asking price

An outstanding opportunity to own and operate a true landmark restaurant in a small town community. Established for 40+ years, this quaint, well-maintained gathering spot is perfect for an owner-operator that has always dreamed of living in a picturesque mountain town. Live and work just minutes from Winter Park, Fraser, lakes, rivers, and the Rocky Mountain National Park. Due to the owner s desire for a change, this profitable and well-established Family Restaurant is available for new ownership. The restaurant is ideally located at the crossroads of some of Colorado s most beautiful Summer and Winter Recreation areas --- in the heart of Grand County. The restaurant has a rustic ambience and is a favorite for locals and visitors. It has a full liquor license, is open Monday through Saturday, seats 64 in the main dining room plus can accommodate 20 more seats in a separate banquet room. There is plenty of parking on this .36-acre site. The economy affected this business in 2008, just like every other small business in the country, but as things recover, this restaurant should rebound to the consistent levels of performance that it has enjoyed for years & years. This is the perfect time to step in and reap the benefit of that return to normalcy. The real estate is included and there is no existing bank debt. In addition to the income stream generated from the from the business rents and the non-cash benefits of owning the real estate, the property also has a 730 sq. ft. 1 BR apartment with private access for extra income.

Facilities: 4234 square foot building on a .36 acre lot. 64 seat family restaurant, with an additional 20 seat banquet room. Plenty of parking, full liquor license, long established history and client base in this beautiful town in the Colorado mountains.

Seller Financing Available: Yes

Financing: Negotiable

Support/Training: Seller will provide adequate training to insure a smooth transition to the new owner

Reason Selling: Seller desires to pursue a new opportunity

Business For Sale By

Eric Shampine

303-870-3892

CBR, LLC

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