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Businesses For Sale   >>   Colorado Businesses For Sale Categories   >>   

Highly Profitable Restaurant And Lounge

Location  Colorado,United States
Asking Price Range  $250K - $500K
Gross Revenues  $950000
Net Profit / Cash Flow  $130000
Cash Flow Type  Sellers Discretionary Cash
Seller Finance  Yes
Year Established  2002
Number of Employees  10 - 19
Relocatable  Yes
Number of Employees  10 - 19
Real Estate  Leased
Training  Support, training, consulting included in sale.
Reason for Sale  Personal.
Description  This is a very special opportunity to acquire a highly profitable restaurant and lounge venture in a very cool place to live and work. The LoBar is located in the heart of the commercial district in downtown Crested Butte at 303 Elk Avenue. The restaurant's menu is eclectic and includes many popular sushi and Japanese influenced dishes. The LoBar transforms itself nightly into Crested Butte's social hot spot. featuring great lounge and bar seating and private dining areas. The business is ideally suited for it's market, enjoying a loyal installed base of local customers as well as a prominent national reputation as the place to patronize when in Crested Butte. The financial results reflect a business in command of its market. Purchase prices includes extensive leasehold improvements plus all of the fixtures, furnishings and equipment. Also included is seller training and consulting, marketing collateral, brand, menus and trade secrets. Business summary and financials provided upon request and execution of a NDA. Offered at $395,000. Contact for more information on this Restaurant for sale.
Click Here To Contact Seller

    

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