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Base Area - Ski Town Restaurant - Thriving
Location: United States -> Colorado -> Telluride
Industry: Food and Beverage > Restaurants and Fast Food (Non-Franchise)




Business Summary

Established in 1995, this is a well-known and very successful restaurant is ideally located at the base of the lifts in a year-round destination resort town in SW Colorado. The restaurant serves moderately priced, appealing lunch and dinner fare, and has an occupancy rate of 130 and counter service. The restaurant draws year-round business with an active apre ski in the winter and apre mountain bike bar scene in the summer. The customer base is a mix of loyal locals and second homeowners and vacationers. The restaurant also provides catering services.

This is an established business, in an ideal location, that has produced year-over-year increases in sales and cash flow. There is a solid long-term crew in place and the equipment and premises have been kept in excellent condition. Asking price includes approximately $40,000 in FF&E and $20,000 in inventory.


Financials

Asking Price Range:  $1.0M - $2.5M
Gross Revenues:   $1,445,000
Cash Flow:   $527,000
Cash Flow Type:  Sellers Discretionary Cash
Inventory:  $50,000
Seller Financing:  Yes

About The Business

Year Established:  1995
Number of Employees:  10 - 19
Relocatable:  No
Franchise:  No
Current Real Estate:  Leased
Property:  Property For Lease

About The Sale

Management Training and Support:  Seller will provide effective training and knowledge transfer to the Buyer in all matters relating to Company operations.
Reason For Selling:  Retirement

Photos

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Base Area - Ski Town Restaurant - Thriving Photo 1




Print Listing Id: 700325431
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Related Searches: Catering Services  >  Food Production and Packaging  >  Grocery and Supermarkets  >  Liquor Stores  >  Restaurants and Fast Food (Non-Franchise)  >  Vending Machines  >  Other Food and Beverage  > 

Also See: Franchise Opportunities > Franchise Resales > Colorado Businesses For Sale > Colorado Franchises For Sale > Colorado Business Brokers



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