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

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

Year built

2006

Property size

3,360 SF

Property type

Retail properties

Property subtype

Restaurants

Description

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.

Location Insight

City

Estes Park

County

Larimer

State

Colorado

Longitude

-105.565

Latitude

40.3387