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Steakhouse And BBQ Restaurant For Sale
Location Colorado,United States
Asking Price Range < $250K
Gross Revenues $324000
Net Profit / Cash Flow $45000
Cash Flow Type Sellers Discretionary Cash
Seller Finance Not Disclosed
Year Established 2010
Number of Employees 10 - 19
Relocatable Not Disclosed
Number of Employees 10 - 19
Real Estate Owned
Description This Colorado steakhouse and BBQ restaurant for sale is located in one of the fastest growing areas in North Colorado.
Great sales and a great lease make for a winning combination with this Colorado steakhouse and BBQ restaurant for sale. The seller is a successful operator with other locations closer to home he is expanding and needs to spend more time at.
This Colorado steakhouse and BBQ restaurant for sale is the only full service location in a busy, busy market with HUGE traffic counts and over 400 hotel rooms with-in 1/4 mile. The area is anchored by a Home Depot, American Furniture Warehouse and numerous, high volume, fast food concepts. It features a GREAT lease from the adjoining hotel for 4000 Sq. Ft. for only $3100 per month that includes electricity. The lease is through October, 2017 with a local landlord who is easy to work with. Seating capacity is 55 in the dinning room and 20 in the bar area of this Colorado steakhouse and BBQ restaurant for sale with plenty of room to expand when needed. There is also a patio with four large picnic tables and room for more.
Sales last year at this Colorado steakhouse and BBQ restaurant for sale were over $324,000 and delivered earnings of $45,000 plus to the owner. Take over operations yourself versus operating absentee and you'll earn much more than that.
The giant, fully equipped kitchen has it all, including hoods, grill, flat top, fryers, stove, oven and multiple refrigeration units as well as a huge walk-in cooler and freezer. The menu features steaks and BBQ from a 350 pound capacity, real wood smoker served up by a consistent kitchen staff with multiple years of experience. Long spacious bar area with multiple TVs as well as a large stage for live entertainment to entertain and serve guests. The manager will provide all necessary training to the new owner.
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