West Slope Steakhouse for Sale in Colorado includes Real Estate & Residence

Buy this West Slope Restaurant for Sale! Price recently reduced on this cash producing restaurant and bar with Real Estate and Residence.

Why pay rent for your business and residence when you can potentially save over $30,000 a year by investing in this restaurant for sale that comes with the real estate, including a place to live AND a 2nd studio apartment.  This is a great turnkey operation with strong cash flow and growth year after year.

This popular restaurant and Steakhouse for Sale is located on Colorado's up and coming western slope.  It is near Grand Mesa the world's largest flat top mountain and close by to the booming fruit and wine producing area of West Colorado.  It is home to over 300 lakes, rivers and streams that attract visitors from all over the world.  Outdoor enthusiasts come all year round to ski, snow mobile, hunt, fish, hike, bike and snow shoe.  It is truly a phenomenal place to live, work and raise a family.

Since opening its doors in 2008 the Steakhouse for Sale
has been a success with sales and profits growing each year.  The attractively furnished restaurant and saloon area seats about 100 indoors.  In October of 2010 the patio was expanded with a new Pergola deck and outdoor stag area that seats over 70 and is in constant use are this area of the country sees over 300 days of sunshine a year.  Annual sales exceed $800,000 with seller's discretionary income of over $130,000 and that includes no rental income from either of the living quarters.  This is a great deal and is priced to sell!

The fully equipped, commercial kitchen features a walk-in freezer and cooler, broiler, stove, oven, alto sham and would support nearly any menu.  The upstairs residence has a master bedroom and nice kitchen in aprox. 1,000 sq. ft.  The current owner built out a 2nd, 1 bedroom studio apartment with a full bath and kitchen.  The studio apartment is basement level with a separate walkout entrance from the main residence and restaurant.

Great visibility and accessibility right off Highway 65 with 3 areas of parking to handle large groups.  A illuminated pylon sign adds to the visibility.  There is a competent, well trained staff on hand and the owner is confident they would be as dedicated to a new owner as they have been to them.


For more information on this Restaurant for Sale please click on the box to fill out a Confidentiality Agreement on line or contact your Certified Restaurant Broker, Bob Steinberger at 303-901-4938

Listing

  • Listing#: 5096
  • Price: $499,000
Lease Term: No lease
Monthly Rent: $
Indoor Seating: 110
Inside Sq. Ft: 3519
Hood System: Yes
Hours Open: M-Sat 11am-9pm. Closed Sundays
# of Part-Time Employees: 6 to 8
# of Full-Time Employees: 5
Net Sales: $725,496
Owner Benefit: $123,124

Features

  • Turnkey Steakhouse for Sale in West Colorado
  • Real Estate Included!
  • Building contains an owners residence as well as a studio apartment
  • Beautiful outdoor deck seats 70 with room for entertainment
  • Fully equipped commercial kitchen supports any menu
  • Profitable and established with great reputation!
  • Great visibility and signage
  • Steakhouse for Sale