Roaring Fork Valley Restaurant Real Estate & Business
(Restaurants and Bars, Italian Restaurants)
Garfield County, Colorado
Listed Price: $ 1,100,000
Listing ID: 201928
Listing DetailsGross Revenue: $ 800,000
Cash Flow: $ 180,000
FFE: $ 50,000 (Included in Price)
Real Estate: $ 790,000 (Included in Price)
Inventory: $ 15,000 (Included in Price)
Reason for Sale:
Training & Support:
Seller will provide effective training and knowledge transfer to the Buyer in all matters relating to Company operations.
Listing SummaryBusiness Description:
Full-service restaurant that specializes in a diverse menu, including locally sourced products, hand-selected wines and spirits and family-friendly environment. Strong following from the local community (with delivery throughout COVID-19 lockdown) and high visibility coveted location creates consistent demand. This is a well-run business with return opportunities for a chef, manager, couple or investor. Purchase of the real estate and business will create an appreciating asset for a new owner and control of occupancy expenses over the long-term, which is a key to sustainability.
This restaurant has a strong reputation and consistent demand with its skillfully developed food and wine concepts and customer service. Currently open for dinner only, lunch and/or brunch could be considered in the future.
Growth potential for a new ambitious owner through adding breakfast/lunch, staying open 7 days/week and/or expanding catering and special events – or keep the same and grow organically!
The Seller will entertain offers of varying financial and legal structures.
Downtown core main street street location with excellent outside seating and pedestrian traffic. Right-sized for its market, the 1500 sf/55 seats with seasonal outside seating building has development options.
OperationYear Established: 2012
Absentee Owner: No