For Sale
$599,000

Restaurant for Sale - $200K Owner Benefit Colorado MtnEstes Park, CO 00000

Thriving mountain town eatery, strong cash flow.

Overview

Added:
Dec 11, 2024
Days on market:
116
This established Estes Park restaurant presents a remarkable opportunity for acquisition. Boasting 3,360 square feet of space in a prime plaza location, this turnkey operation has generated impressive revenue. Built in 2006, the restaurant offers 43 indoor seats and an additional 42 outdoor seats on a patio and grassy area, creating a versatile dining experience. The current lease, expiring June 30, 2026, has a monthly cost of $5,032, inclusive of CAM charges for trash and lot maintenance. The business includes a transferable beer and wine license and benefits from multiple revenue streams, including dine-in service, takeout, catering, merchandise sales, shipping, and third-party delivery services. The restaurant's financial performance reflects its strong brand recognition, evidenced by numerous awards and features in various publications. The location, directly off major highways, ensures high visibility and consistent foot traffic. The town's population swells from approximately 6,500 year-round residents to 20,000 during peak tourist season, with over 3 million annual visitors. The seller, retiring, is prepared for a smooth transition and offers insights into potential growth strategies, including franchising. Extensive equipment is included, ranging from kitchen appliances and furniture to point-of-sale systems and catering supplies. The asking price is $599,000. Seller financing is not available. Inventory is not included in the asking price. This is an asset sale. The business has a documented cash flow of $253,443.08 and gross revenue of $1,949,334.95.

Highlights

  • Extensive outdoor patio furniture including custom booths, tables, chairs, and a bus cart.
  • Abundant outdoor patio tables in various sizes.
  • Bus cart for patio storage.
  • Four patio screen panels.
  • Commercial kitchen equipment including a 30-quart mixer, speaker system, and extensive shelving.
  • Hot bar with three wells, 75 full sheet pans, and a hand truck.

Property Details for Restaurant for Sale - $200K Owner Benefit Colorado Mtn

Property type
Retail properties, Restaurants
Square Feet
3,360 SF
Year Built
2006

Location Insight

City
Estes Park
County
Larimer
State
Colorado

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Restaurant for Sale - $200K Owner Benefit Colorado Mtn
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