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Popular Nightclub and Restaurant in University town!

Greeley, Colorado (Weld County)

Retail - Bars/Taverns | Retail - Restaurants

Asking Price $550,000 Inventory $25,000* 
Gross Income $591,000 Real Estate $350,000* 
Cash Flow $85,000 Year Established 1987
FF&E $50,000* Employees 15-20

* included in the asking price

** not included in the asking price

Popular with the University students nearby and even more popular with the locals and neighbors who come in to enjoy outstanding Cajun food, this restaurant and nightclub offers live music on the weekends, volleyball and outdoor barbeques in the summer off the outdoor patio, and simple good food and drinks for those looking for the quiet tavern or well-served family restaurant. The menu includes American and Mexican food and there are two separate bar locations to accommodate the patrons. They will provide training for a transition and will assist with vendor transfers, staff selection, and marketing suggestions.

Facilities: The business is leased by the owners from their own LLC. They pay themselves $3100 per month and will provide a new owner of the business with a reasonable lease based on the current market of the area. They will also sell the Real Estate to a new owner at the time of the business purchase. The property is approximately 86,548 sq.ft. and the building is approximately 2940 sq.ft. according to county assessor records.

Competition: Competition is limited due to significant size and offerings of the business.

Growth/Expansion: Surrounding area and communities are categorized as the fastest growing area of Colorado.

Financing: Owner will consider all terms.

Support/Training: Owners will assist with transition including possible employment.

Reason Selling: Owner ready for a change.

AD # 248292

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