Classic Diner / Cafe For Sale Businesses For Sale in Colorado,United States at FranchiseLeader.com - Buy Franchises, Sell Franchises, Franchise Businesses for Sale

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

Classic Diner / Cafe For Sale

Location  Colorado,United States
Asking Price Range  $500K - $1.0M
Gross Revenues  $590329
Net Profit / Cash Flow  $192032
Cash Flow Type  Sellers Discretionary Cash
Seller Finance  Not Disclosed
Year Established  1952
Number of Employees  10 - 19
Inventory  45000
Relocatable  No
Number of Employees  10 - 19
Real Estate  Owned
Training  2 weeks
Reason for Sale  Retirement
Description  This established caf‚ is known for its hearty breakfasts and lunches at a reasonable price. Established over 60 years ago, the caf‚ occupies a free standing building (2,330 sq. ft) on a major north-south highway. Over the years the current owner has not emphasized dinner. As a result, dinner now accounts for only about 20% of revenues. A real opportunity exists for a new owner to revamp the breakfast and lunch menus and to put a new focus on dinner. With close to $600,000 in revenue, low food costs (28%), a solid and growing customer base, and long term employees, this is a chance to build upon an already successful business. The caf‚ is located in Larimer County, Colorado, and offers an extremely high quality of life. Located about one hour from Rocky Mountain National Park, northern Colorado offers the best in outdoor recreation as well as big city attractions.
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