Retail - Restaurants | Retail - Other Eating & Drinking Places

Asking Price	$450,000	Inventory
Gross Income	$727,837	Real Estate
Cash Flow	$98,778	Year Established	1974
FF&E	$200,000*	Employees	25

* included in the asking price

** not included in the asking price

Great Opportunity for Existing Restaurant Business. Priced to sell, business and assets of the renowned La Renaissance Restaurant. La Renaissance has been in business for over 37 years and is recipient of many awards and national press. Five dining rooms with seating for 323, three offices, large basement, and ample parking. 2006 gross was $750k+. Very experienced staff. Buyer must lease-back or purchase real estate; PLEASE CONTACT BROKER FOR MORE DETAILS. Location Description: 103 miles south of Denver, Colorado. Pueblo is called the "banana belt" due to it's year round temperate climate and is full of recreational activities. Pueblo is the home to Colorado's largest single event, the Colorado State Fair and the ~ 6,000 student Colorado State University-Pueblo. Pueblo population is ~ 103,000 (2005). Pueblo has a low cost of doing business among the lowest in America which is a key reason why more than 50 companies have located here in recent years. Pueblo serves as the southern boundary for the state' s major business growth corridor, better known as the Front Range of the Rockies

Facilities: Great Opportunity for Existing Restaurant Business. Priced to sell, business and assets of the renowned La Renaissance Restaurant. La Renaissance has been in business for over 37 years and is recipient of many awards and national press. Real Estate also available for lease or sale.

Competition: Irreplaceable corner location in histori neighborhood. Been in biz 37 years. Room to grow.

Growth/Expansion: Could add breakfast, lunches, catering and more banquets. Could also do happy hour or do more focus on bar area which does not have seating at this point.

Financing: call or email

Support/Training: Negotiable

Reason Selling: retirement