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Unique 120 Year Old Mountain Dive Bar For Sale
Location: United States -> Colorado -> Dolores
Industry: Bars and Nightclubs > Bars and Pubs

Business Summary

Antique bar backs, worn out pool table & mismatched tables & chairs. Things are run down but it is a very clean bar. This business is setup so a pizza oven, grill, all coolers & kegerators & all your basic bar equipment is a part of the lease. Business includes liquor license, business name ''The Metropole LLC dba The Enterprise Bar & Grill'', website (still in progress), inventory, established menu, insurance (liability & workers comp). Three yearround part-time employees & one full-time year-round (myself).

With the lease comes the upstairs of the historical building which at the moment is setup to run as a hostel. It has a 5 bedrooms, community bathroom with shower, community kitchen with most amenities 2 common areas overlooking main street. This also has great income potential.

The building is on the Historical Registry & is located in the old mining town of Rico Colorado (a bedroom community of Telluride). This business is strategically located between Durango Colorado & the world class ski resort & town of Telluride Colorado. Located on San Juan Scenic Byway / Highway 145 (logistically the only way to get to Telluride & the San Juan Mountain region from the south).

Lots and lots of potential with a minimal investment into improvements. I just don't have the capital resources at this time to make even a more successful bar than I already have. This is anywhere from $125-$150K year solid with endless potential. We can provide further information on finances for serious inquiries only. $56,000. Call 970-403-9158 (Cellphone - anytime)


Asking Price Range:  < $250K
Gross Revenues:   $150,000
Cash Flow:   $50,000
Cash Flow Type:  EBITDA
Inventory:  $4,000
Seller Financing:  No

About The Business

Year Established:  1900
Number of Employees:  1 - 3
Relocatable:  No
Franchise:  No
Current Real Estate:  Leased
Property:  Property For Sale

About The Sale

Management Training and Support:  Yes
Reason For Selling:  I just don't have the capital resources at this time to make even a more successful bar than I already have.


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Print Listing Id: 700180871
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Related Searches: Bars and Pubs  >  Nightclubs  >  Other Bars and Nightclubs  > 

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