High Volume, High Profit Restaurant and Bar for Sale in Colorado Springs

Buy this Colorado Springs Restaurant and Bar for Sale!  In business for 18 years with sales of over $1,150,000 and Seller's Discretionary Income approaching $200,000!  Includes an expansive and growing catering business.

This Colorado Springs Restaurant and bar for sale is located in a strip center with easy access, great visibility. good signage and plenty of parking.  With almost 3500 square feet, it seats 14 at the bar and 70 inside.  It's no wonder it's pumping out sales of more than $1.1 Million and putting $178,000 in the owner's pocket!  In fact, the business takes in over $1000 a month in vending income. The bar and restaurant have a ''sports bar'' theme with plenty of flat screen TVs, pool tables and dart boards.  A transferable beer, wine and liquor license is included.

The restaurant and bar for sale has lots of food options.  Contact We Sell Restaurants today for more information.  Currently serving a menu of scratch-made comfort food for late breakfast lunch and dinner.  The menu features appetizers, soups, salads baskets burgers and sandwiches.  It includes some specialty items you do not see every day in ''sports venues'' like made from scratch offerings, daily specials and stews. 

This restaurant and bar for sale has a very loyal following of regulars and online and word of mouth reviews are great.  This deal also includes a professionally done website and Facebook page.  A well-trained staff of about 22 including a manager enables the current owners to be off nights and weekends.

Currently 30% of sales at this restaurant and bar for sale comes from off premise catering and delivery.  Two van delivery vehicles are included (both have existing financing) that will enable a new owner to increase the scope and span of the catering and delivery business which could easily be doubled with more marketing and attention.  The operation currently uses Grub Hub, other delivery services and their own vehicles for delivery and a labor reducing online ordering system.
 
The restaurant and bar for sale includes all equipment such as a two terminal POS system.  The fully equipped commercial kitchen has it all and would support nearly any menu.  It features a large hood, in ground grease trap, walk-in cooler and freezer, ice machine, fryers, char broiler, double oven 6 burner range as well as plenty of hot and cold storage.  There is a camera and security system present.  The large prep area increases catering support.  Rent is very reasonable at $5050 per month.  The current lease is up in a year but the landlord is aware of the up-coming sale and will work with a new tenant on a lease that works for all.

This is a great deal for a Buyer looking for a restaurant and bar for sale with great cash flow and still plenty of upside. We have already provided our preferred lenders with financial information.  This business should qualify for SBA and conventional financing with 20% down.  The Seller would consider financing a qualified buyer with a larder down payment.  Complete, accurate and up-to-date books are available.

This particular Seller is VERY concerned about confidentiality and has instructed the Broker to release no information about the business until any prospective Buyer has signed the online nondisclosure agreement and provided proof of, at least, $100,000 in liquid assets to the Broker.

Please click on the tab below to easily acknowledge confidentiality on this Bar for Sale. For many business opportunities, you will immediately receive the name, address, photos, and most recent financials. If you have any questions, please contact Certified Restaurant Broker Bob Steinberger at (303) 901-4938

This is an exclusive listing of We Sell Restaurants who is the rightful owner of all intellectual property associated with this website. This may not be duplicated without the express permission of We Sell Restaurants. We Sell Restaurants is a federally registered trademark.

Listing

  • Listing#: 7061
  • Price: $499000
  • Location: Colorado Springs
Lease Term: Expires July of 2020. Landlord will negotiate new lease
Monthly Rent: $5050,
Indoor Seating: 70
Inside Sq. Ft: 3500,
Hood System: Yes
Neighboring Businesses: Gas station, 7-11, Spa, Liquor Store and Barber.
Hours Open: Monday - Tuesday 9:30am - 10pm Wednesday - Thursday 9:30am - 11:30pm Friday and Saturday 9:30am - 12pm Sunday 9:30am -10:30pm
# of Part-Time Employees: 10
# of Full-Time Employees: 12
Net Sales: $1153226.00
Owner Benefit: $178776

Features

  • Colorado Springs Opportunity with High Profit and High Earnings
  • Sales of over $1,150,000 with owner's benefit approaching $200,000
  • Currently operated as an American Restaurant and Sports Bar but would convert to any concept
  • Great off premise sales opportunity. 2 vehicles included in sale.
  • Misc. game and vending machine contribute over $15,000 per year.
  • Manager in place - current owner does not work nights and weekends
  • SBA, conventional or Seller financing available to qualified Buyer.
  • Landlord with do new lease that works for both parties.
  • Fully equipped commercial kitchen that would support any menu.
  • Website and Facebook page included.
  • Bar for Sale