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Bbq Restaurant For Sale
Location: United States -> Colorado
Industry: Food and Beverage > Restaurants and Fast Food (Non-Franchise)




Business Summary

Iconic BBQ Restaurant for sale in Colorado with bar sales of $1.1 million and six figure cash flow! Includes a one-bedroom apartment!

This popular BBQ Restaurant for Sale is located on Colorado's up and coming Western Slope. It is near Grand Mesa, the world's largest flat-top mountain, and close to the booming fruit and wine producing area of West Colorado. It is home to over 300 lakes, rivers and streams that attract visitors from all over the world. Outdoor enthusiasts come all year round to ski, snowmobile, hunt, fish, hike, bike and snow shoe. It is truly a phenomenal place to live, work and raise a family.

With sales over $1,100,000 annually and seller's discretionary income of over $140,000, this BBQ Restaurant for Sale in Colorado is very profitable and will qualify for financing. The restaurant area is about 3200 square feet and seats 74. There is a large area for catering in the back and plenty of parking.

Just when it could not get any better, there is a one bedroom apartment upstair that can be used by an owner/manager, or rent it our for additional income. The seller will be your landlord with rent under $3000 per month. The seller will work with a new buyer to customize a new lease that works for all and will stay on to train a new owner for a negotiated period of time. In addition this restaurant has been preapproved by one of our preferred lenders for financing.

In business for over 40 years, this BBQ restaurant for sale offered by the restaurant brokers has been serving up smoky meat and other specialties for as long as anyone can remember. Since it is located on Colorado's Western Slope, it is fitting that all the meat is smoked with readily available local applewood. Ribs, ham, brisket and chicken are slow smoked and prepared daily. Also serving awesome steaks, fried chicken and catfish as well as the best chicken fried steak you have ever tasted. For more information contact Bob Steinberger 303-901-4938


Financials

Asking Price Range:  $250K - $500K
Gross Revenues:   $1,147,543
Cash Flow:   $140,066
Cash Flow Type:  Sellers Discretionary Cash
Seller Financing:  No

About The Business

Year Established:  1974
Number of Employees:  20 - 34
Relocatable:  No
Franchise:  No
Current Real Estate:  Leased
Property:  Property For Sale

About The Sale

Management Training and Support:  Minimum of 2 weeks with additional possible.
Reason For Selling:  Personal

Photos

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Bbq Restaurant For Sale Photo 1




Print Listing Id: 700282830
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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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