Contemporary Fine Dining – Covid Era Rockstar – 2021 most profitable ever
ASKING PRICE: $370,000
LOCATION: Grand Junction, Colorado
GROSS REVENUE: $1,020,000
CASH FLOW: $164,000
INVENTORY: $25,000 (Included in price: No)
YEAR ESTABLISHED: 2007
One of Grand Junction’s long time consistent restaurant stand-outs. Steady 135-165K cash flow and proven performance through the Pandemic. Located in Grand Junction with excellent visibility, access and parking. Significant recent investments in equipment and remodeling. All systems are established and running smoothly.
Even being closed several weeks for front-of-the-house remodel early in the year, revenue in 2021 was at pre-covid levels and it was the most profitable year ever for this 15 year business.
Potential purchasers should note that the asking price does NOT include inventory. “Cash Flow” referred to is Seller’s Discretionary Earnings.
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.
LOCATION: Grand Junction, Colorado
FACILITIES:
Leased. Lease assignment to buyer or new lease to be accepted by Land Lord as part of purchase conditions.
COMPETITION:
There are other restaurants that serve this market.
POTENTIAL GROWTH:
Restaurant currently operates 5 days per week. Opening 7 days per week would increase sales.
SUPPORT & TRAINING:
Seller will provide effective training and knowledge transfer to the Buyer in all matters relating to Company operations.
FINANCING/TERMS:
REASON FOR SELLING:
Career Change
LISTING ID: 202114
