Resort Town Italian Restaurant
Location:
United States
->
Colorado
->
Colorado Mountains
Industry: Food and Beverage > Restaurants and Fast Food (Non-Franchise)
Business Summary
First time on the Market! Priced to sell! The owner retiring from this landmark opportunity. Restaurant for sale is famous for Italian Cuisine, and is providing dinner only at this time. Lunch could be added back and double your sales; add outdoor dining with this great location and liquor license. Gross rents ($73,200) that the Owner collects both from his tenants and himself place an easy 8% Capitalization on the real property. Owner is interested in finding a buyer that appreciates all the good business and life this area has to offer. Surrounding ski areas make this location a top international destination. Explosive potential! Sales trends, area trends and industry trends have been positive. This is the ideal business in a World Class Ski Resort!
Financials
Asking Price Range: < $250K
Gross Revenues:
$393,089
Cash Flow:
$69,020
Cash Flow Type: Sellers Discretionary Cash
Seller Financing: Not Disclosed
About The Business
Year Established: 1984
Number of Employees: 20 - 34
Relocatable: No
Franchise: No
Current Real Estate: Leased
Property: Property For Lease
About The Sale
Management Training and Support: Yes.
Reason For Selling: Retiring
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: 700114265
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