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Historic Restaurant/Gift Shoppe in Central Colorado

Colorado (Las Animas County)

Retail - Restaurants | Retail - Miscellaneous Retail

Asking Price $630,000 Inventory $10,000* 
Gross Income $1,383,513 Real Estate $985,000** 
Cash Flow $68,354 Year Established 1935
FF&E $75,985* Employees 33

* included in the asking price

** not included in the asking price

70 year old full service restaurant/gift shoppe located on a major US coast-to-coast highway. Tour groups are picked up/dropped off at this location. Restaurant is directly across from the famous Hot Springs Aquatic Center. They have added a new patio section, remodeled the kitchen and bathrooms, updated the menus and logos. Trade secrets include homemade recipes and one of a kind desserts. This is the most established restaurant in the area and the gift shoppe sports unique and one of a kind gift choices. A new golf course & subdivision (near completion) within minutes of the restaurant will certainly bring in more customers.

Facilities: Real estate may be leased/rented for $6,000 monthly or option to purchase for $985,000 (not included in purchase price of business).

Competition: Prime location located on a major US coast-to-coast highway that is always very busy. Tour companies use this location for customer pick up/drop off. Historic building, one of a kind recipes/desserts, outstanding reputation.

Growth/Expansion: Growth potential is unlimited with a new golf course/subdivision close to completion only minutes away.

Financing: Negotiable

Support/Training: Reasonable transition period

Reason Selling: Pursuing other interests

Business For Sale By

Bill Bumstead

719-846-1020

ABC Advocates Business Consultants Inc.

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