![](https://www.touchstonebiz.com/wp-content/uploads/2022/11/Cheers.jpg)
![](https://www.touchstonebiz.com/wp-content/uploads/2022/11/Cheers.jpg)
Popular, High Performing Restaurant – 2 Million Revenue with Healthy Profits!
![](https://www.touchstonebiz.com/wp-content/uploads/2022/11/Cheers-wpv_540x230_center_center.jpg)
ASKING PRICE: $1,250,000
LOCATION: Avon/Edwards, Colorado
GROSS REVENUE: $1,920,000
CASH FLOW: $470,000
INVENTORY: $20,000 (Included in price: No)
YEAR ESTABLISHED: 2002
FFE: $700,000 (Included in price: Yes)
Located in the mid-valley area. Long-time local and visitor favorite. Outstanding menu. Roomy, easy to work in, well maintained facilities with attractive outdoor seasonal seating make this restaurant an attractive stop year-round for lunch or dinner. Solid local and online reputation. Well established and consistent high level of profitability.
The center of town is the center of town and there is no substitute for the kind of visibility and location this business enjoys. The owners are day to day hands-on operators. The equipment package and buildout are significant. The space is customer friendly and comfortable.
Earnings/cash flow referred to is 2023 “Sellers Discretionary Earnings”. With earnings near ½ million for the last several years this is an excellent opportunity for a restaurant pro to step in and enjoy the benefits of an operation that is already doing it right!
Potential purchasers should note that the asking price does NOT include inventory which averages about 20K.
Please Note: Potential buyers will be asked to complete buyer registration, sign a non-disclosure, interview with broker and provide evidence of the resources to complete a transaction of this size BEFORE additional information will be provided.
Leased.
Seller will provide effective training and knowledge transfer to the Buyer in all matters relating to Company operations.