For Sale
$699,999

0 Colorado Nets Owner Over $233 000!Limon, CO 80828

Profitable Limon eatery, real estate included.

Overview

Added:
Dec 11, 2024
Days on market:
116
This established Limon, Colorado restaurant and bar presents a unique investment opportunity. Boasting 4,225 square feet of interior space, plus a 500-square-foot covered patio and expansive outdoor recreation area, this property offers ample space for diverse activities, including live music, games, and more. The building, constructed in 1973, underwent significant exterior renovations this year, including a new roof, siding, and stucco. The interior is tastefully appointed, featuring an intricate hardwood back-bar, comfortable seating arrangements (tables, booths, bar seating), a pool table, and a gaming area. The fully equipped kitchen is a chef's dream, boasting two walk-in coolers, a walk-in freezer, a Type II exhaust hood with fire suppression, a Baker's Pride pizza oven, and a variety of high-quality equipment from brands such as True, Hobart, Pitco, and Manitowoc. A broaster is also included, reflecting the establishment's popular broasted chicken. The extensive menu features classic dishes and caters to a wide range of tastes. The business has a strong track record, generating over $868,000 in gross sales and over $233,000 in discretionary earnings for the owner-operator in 2021. The property benefits from excellent location within a retail and residential district, with great access, prominent signage (including a digital sign), and ample parking. It's situated conveniently near major highways, offering easy access for customers. The sale includes a loyal and well-trained staff of 14 employees, along with a professionally developed website and Facebook page. The current owner will provide one month of complimentary training to ensure a smooth transition for the new owner. This turnkey operation offers a compelling combination of established profitability, attractive real estate, and significant growth potential in a thriving community. The asking price is $699,999. Financing options may be available.

Highlights

  • 2021 Gross Revenue: $867,982, Cash Flow: $233,067.
  • 4,225 sq. ft. building included in sale.
  • 500 sq. ft. covered patio with ample space for recreational activities.
  • Fully equipped commercial kitchen featuring a Type 2 exhaust hood and fire suppression system.
  • Strong location: benefits of a small town with a major metropolitan area (3 million population) just an hour away.
  • Established business, operating profitably since 1973 (building constructed in 1990).

Property Details for 0 Colorado Nets Owner Over $233 000!

Property type
Retail properties, Restaurants
Square Feet
4,225 SF
Year Built
1973

Location Insight

City
Limon
County
Denver
State
Colorado
Latitude
39.2936584
Longitude
-103.682586
Colorado Nets Owner Over $233 000!, Limon, Colorado

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0 Colorado Nets Owner Over $233 000!
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