Business Overview

A full-service sports bar and family restaurant located in a growing rural Central Colorado community. A profitable & growing business that services a large geographical region of locals and travelers. Conveniently located on a major highway with a large parking area. Outstanding reputation for the place to watch sports, bring the family and enjoy amazing BBQ and fresh homemade food. The business includes a coffee/food trailer for morning customers and grab-n-go convenience. With limited competition, the only sports bar for 60+ miles and no chain restaurants in the area, this is a fantastic opportunity to own a successful business in a world class location. Voted one of the top small towns in the country by several publications. Located in the Arkansas River Valley in the heart of the Colorado Rocky Mountains with world class fishing, skiing, biking, rafting and outdoor adventure. This sale includes a 7,410 Sq. Ft Building, large paved parking lot, outdoor areas, large bar, huge seating area #, full service bar area and arcade. Turnkey operation with great decor, fully stocked commercial kitchen, 14 large screen TV’s, smokers, storage and coffee/food trailer. This business has an extensive history in the area and well positioned for the next owner to grow or expand to the next level with a dedicated, knowledgeable staff and loyal customer base.

Financial

  • Asking Price: $1,699,000
  • Cash Flow: N/A
  • Gross Revenue: N/A
  • EBITDA: N/A
  • FF&E: N/A
  • Inventory: N/A
  • Inventory Included: N/A
  • Established: N/A

Detailed Information

  • Property Owned or Leased:Own
  • Property Included:Yes
  • Building Square Footage:7,410
  • Lot Size:N/A
  • Total Number of Employees:N/A
  • Furniture, Fixtures and Equipment:N/A
About The Facility:

A full-service sports bar and family restaurant located in a growing rural Central Colorado community. A profitable & growing business that services a large geographical region of locals and travelers. Conveniently located on a major highway with a large parking area. Outstanding reputation for the place to watch sports, bring the family and enjoy amazing BBQ and fresh homemade food. The business includes a coffee/food trailer for morning customers and grab-n-go convenience. With limited competition, the only sports bar for 60+ miles and no chain restaurants in the area, this is a fantastic opportunity to own a successful business in a world class location. Voted one of the top small towns in the country by several publications. Located in the Arkansas River Valley in the heart of the Colorado Rocky Mountains with world class fishing, skiing, biking, rafting and outdoor adventure. This sale includes a 7,410 Sq. Ft Building, large paved parking lot, outdoor areas, large bar, huge seating area #, full service bar area and arcade. Turnkey operation with great decor, fully stocked commercial kitchen, 14 large screen TV’s, smokers, storage and coffee/food trailer. This business has an extensive history in the area and well positioned for the next owner to grow or expand to the next level with a dedicated, knowledgeable staff and loyal customer base.

Why is the Current Owner Selling The Business?

There are all sorts of reasons why individuals decide to sell businesses. However, the genuine factor and the one they say to you may be 2 completely different things. As an example, they may say "I have a lot of various obligations" or "I am retiring". For lots of sellers, these factors are valid. But, for some, these might simply be justifications to attempt to conceal the reality of altering demographics, increased competitors, current reduction in earnings, or a range of various other reasons. This is why it is really crucial that you not depend completely on a seller's word, however instead, make use of the seller's solution combined with your total due diligence. This will repaint a more practical image of the business's existing situation.

Existing Debts and Future Obligations

If the existing entity is in debt, which numerous businesses are, then you will have reason to consider this when valuating/preparing your deal. Numerous operating businesses borrow money with the purpose of covering points like inventory, payroll, accounts payable, so on and so forth. Keep in mind that sometimes this can mean that earnings margins are too small. Lots of organisations fall under a revolving door of taking on debt as a way to pay back other loans. Along with debts, there may additionally be future obligations to take into consideration. There might be an outstanding lease on tools or the building where the business resides. The business might have existing agreements with vendors that need to be satisfied or may cause fines if terminated early.

Understanding the Customer Base, Competition and Area Demographics

Exactly how do businesses in the location bring in new consumers? Often times, businesses have repeat clients, which create the core of their day-to-day profits. Particular variables such as new competition sprouting up around the location, roadway construction, as well as personnel turn over can influence repeat consumers and also adversely impact future earnings. One important point to consider is the placement of the business. Is it in a very trafficked shopping mall, or is it concealed from the highway? Clearly, the more people that see the business on a regular basis, the greater the opportunity to construct a returning client base. A last idea is the basic area demographics. Is the business located in a largely inhabited city, or is it situated on the outskirts of town? Just how might the local mean family income influence future revenue prospects?