Long Established Brew Pub – Great Price for Potential Earnings
ASKING PRICE: $320,000
LOCATION: Steamboat Springs, Colorado
GROSS REVENUE: $1,500,000
INVENTORY: $30,000 (Included in price: No)
YEAR ESTABLISHED: 2002
One of Steamboat Springs’ long-time favorites. Great food. Award Winning Beer. Comfortable bar and dining room. Well maintained facilities. Solid local and online reputation. Kitchen and dining room can support 2X current sales. Brewing capacity is more than 5X current output allowing for distribution if new owner wanted to pursue that. Seller expects revenue to grow to ~1.8M for 2022. If staffed to open 7 days, this business has a track record of producing 2.6M.
This is a bargain for a new owner willing to step up and apply some elbow grease. Outfitting just the brewing side from scratch would cost more than the asking price for this opportunity. Located in downtown Steamboat Springs with excellent visibility and access. Significant recent investments in equipment. This is an opportunity for a restaurant pro to take the reigns and bring this business to the next level.
This business has an excellent facility, strong reputation, existing cash flow from loyal customers and key staff in place. It needs to ramp back up to 7 day per week operation to realize historical revenue levels. Potential purchasers should note that the asking price does NOT include inventory.
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 confidential information will be provided.
Leased. Lease assignment to buyer or new lease to be accepted by Land Lord as part of purchase conditions.
Seller will provide effective training and knowledge transfer to the Buyer in all matters relating to Company operations.