Highly Profitable Restaurant And Deli For Sale
Location:
United States
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Colorado
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Crested Butte
Industry: Food and Beverage > Restaurants and Fast Food (Non-Franchise)
Business Summary
This opportunity is a rare find for the serious restaurateur or business person looking to capitalize on the fastest growing Colorado ski and summer resort market Crested Butte, Colorado. Imagine owning an award-winning restaurant and upscale bar in an intimate and contemporary mountain setting with a professionally designed kitchen. Additionally, this offering includes a separate gourmet catering and take-out deli business immediately adjacent to the restaurant. This business shares the same kitchen and storage infrastructure. The sellers are retiring from a successful 30 year restaurant career in Crested Butte just as the local economy is experiencing a steady growth spike. The recent economic surge is due to the highly publicized 2004 sale of Crested Butte Mountain Resort to the owner-operators of Okemo and Mt. Sunapee ski areas in Vermont.
2008 saw a 28% boost in sales revenue from 2007. A full business summary and prospectus available. Located in a busy shopping and services district - The Majestic Plaza - of Crested Butte. Crested Butte Center for the Arts is across the street, the Majestic Theatre, The Daily, Clarks Market and ski resort shuttle stop are closeby. Large PUD parking lot, ADA accessible and bonus 700 sq. ft exclusive use patio for outdoor seating included. Contact for more information on this Restaurant and Deli for sale.
Financials
Asking Price Range: $1.0M - $2.5M
Gross Revenues:
$750,000
Cash Flow:
$150,000
Cash Flow Type: EBITDA
Inventory: $50,000
Seller Financing: Yes
About The Business
Year Established: 1973
Number of Employees: 6 - 9
Relocatable: No
Franchise: No
Current Real Estate: Owned
Property: Property For Sale
About The Sale
Management Training and Support: Yes.
Reason For Selling: Retiring.
Photos
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Click on the "I'm Interested" button above for more information on this Food and Beverage > Restaurants and Fast Food (Non-Franchise) business for sale.
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Print Listing Id: 700103137
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