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Popular Locally Renowned Restaurant In Rocky Mountain Region For Sale

Rocky Mountain Region, Colorado, US
Asking Price:
$1,008,000 (USD)
Sales Revenue:
$1,561,303 (USD)
Cash Flow:
$333,645 (USD)

Founded in 2002, this company is a popular full-service family restaurant serving breakfast and lunch daily. Since its inception, this restaurant has been a local favorite known for its good food, fair prices and quality service. They offer classic American fare in a friendly atmosphere offering customers a traditional dining environment with a dedicated staff they know and recognize. With a large loyal base of local and repeat customers this company has established itself as a community favorite and caters to the front range and the surrounding area. The company has a core group of full time tenured employees who are able to manage the dining and kitchen areas without supervision leaving the owner free to focus on administrative and marketing tasks. Several employees have been trained to perform some of the owner’s administrative responsibilities
including payroll and light accounting. The restaurant is located in a 3,600 square foot building which includes a spacious wrap around parking lot and is located in a busy commercial area. The outlook for this restaurant is excellent. Having operated from the same location for over eighteen years, its brand and reputation are deeply established in the community. There are a variety of strategic efforts that could be implemented which make this business an excellent acquisition opportunity including expanding the menu, increasing the hours of operations and focusing on previously untapped marketing efforts. A formalized strategic marketing plan with carefully placed local advertising could open a new customer base for the restaurant. The Front Range area is growing and continues to transform into a residential and business haven increasing the opportunity to attract new customers. The current ownership is ready to pursue other opportunities and looks forward to facilitating the transition to new ownership that will take this charming restaurant to the next level and maintain the local legacy that has been established over the last nearly two decades. With an excellent reputation, dedication to superior service and loyal employees, this company is an excellent acquisition opportunity.

Business Operation

Reasons for selling:

Retirement

Employees:
6 Full Time; 27 Part Time
Years established:
18 years

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