Restaurant – Colorado Resort
ASKING PRICE: $1,430,000
LOCATION: Telluride, Colorado
GROSS REVENUE: $1,697,795
CASH FLOW: $530,658
EMPLOYEES: Owner, 5 FT, 7 PT
INVENTORY: $20,000 (Included in price: Yes)
FFE: $40,000 (Included in price: Yes)
Located in downtown Telluride, this ideally located, well-known and very successful restaurant serves moderately priced, appealing lunch and dinner fare, counter service and an active apre ski in the winter and apre mountain bike bar scene in the summer. The customer base is a mix of loyal locals and second homeowners and vacationers. The restaurant also provides catering services.
Telluride is nestled at the end of a lush canyon and surrounded by some of Colorado’s most rugged peaks. Known for incredible alpine skiing, cultural events and endless outdoor activities, its residents embrace the town’s authentic mountain character, unpretentious attitude, and celebration of four seasons of adventure in the most beautiful spot of the Rocky Mountain high country.
This established business has a 26+ year history of producing year-over-year increases in sales and cash flow. There is a solid long-term crew in place and the equipment and premises have been kept in excellent condition. Asking price includes approximately $40,000 in FF&E and $20,000 in inventory.
4000 sq. ft. leased space.
Like all restaurants, there is competition. However, this establishment enjoys a unique niche combined with an ideal location that draws consistent customer flow year after year.
The company has been growing each year as is. However, there are plenty of additional growth opportunities including adding breakfast service, delivery service, grow internet presence and further capitalize on local customer base.
Seller will provide effective training and knowledge transfer to the Buyer in all matters relating to Company operations.
The Seller will entertain offers of varying financial and legal structures.