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Profitable Restaurant-Bar in Colorado

Cortez, Colorado (Montezuma County)

Retail - Restaurants | Retail - Bars/Taverns

Asking Price $490,000 Inventory $15,000* 
Gross Income $511,000 Real Estate $483,750* 
Cash Flow $70,000 Year Established 1993
FF&E $82,850* Employees 11

* included in the asking price

** not included in the asking price

Real Estate included with this profitable, well-established Restaurant & Pub located in Cortez Colorado. Good equipment, trained staff, growth opportunities and seller-assisted transition make this an easy-entry business. Currently serving dinner only in a well-maintained 3200 square foot high exposure, high traffic facility. Priced below asset value!

Facilities: Well maintained and in good condition, having had numerous upgrades and remodels. Upon founding in 1993, the owner completely remodeled the facility to its current floor plan. It consists of approximately 3,225 square feet on a land area of approximately 6,500 square feet in a corner lot. The facility houses a dining room, bar, game room, patio, kitchen and storage area. Parking is good with both front and side access. The facility has easy access and good visibility. Management estimates the facility is currently operating at 20 30% of capacity.

Financing: Seller will consider

Support/Training: The Seller is offering to remain with the business post acquisition for 30-90 days to assist with transition for a minimal fee.

Reason Selling: Retirement

Business For Sale By

Charlie Cole

970-533-7613

Powell & Associates Inc.

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