20 Year Highly Profitable Restaurant – Sales increases in 2021 & 2022
ASKING PRICE: $1,250,000
LOCATION: Avon/Edwards, Colorado
GROSS REVENUE: $2,140,000
CASH FLOW: $507,000
INVENTORY: $20,000 (Included in price: No)
YEAR ESTABLISHED: 2002
FFE: $700,000 (Included in price: Yes)
Located in the mid-valley area which is the heart of the Vail Valley. Long-time local and visitor favorite. Outstanding menu. Roomy, easy to work in, well maintained facilities with attractive outdoor seating in season make this restaurant an attractive stop year-round for lunch or dinner. Solid local and online reputation. Well established high level of profitability. Solid systems have created reliable and consistent costs and steady growth.
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. This is an opportunity for a new owner to step into an operation that is firing on all cylinders. The equipment package and buildout are significant. The space is customer friendly and comfortable.
Potential purchasers should note that the asking price does NOT include inventory which averages about 20K. Earnings/cash flow referred to is “Sellers Discretionary Earnings” for the most recent 12 months reporting.
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.
Seller will provide effective training and knowledge transfer to the Buyer in all matters relating to Company operations.