Base Area - Ski Town Restaurant - Thriving

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Listing ID: 700325431

Listing Title: Base Area - Ski Town Restaurant - Thriving

Quick Link: http://www.globalbx.com/listing.asp?bId=325431

Industry: Food and Beverage

Industry Segment: Restaurants and Fast Food (Non-Franchise)

Country: United States

State / Province: Colorado

Area

City: Telluride

Asking Price Range: $1.0M - $2.5M

Gross Revenues: $1,445,000

Cash Flow: $527,000

Cash Flow Type: Sellers Discretionary Cash

Year Established: 1995

Number of Employees: 10 - 19

Business Description:
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.



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