Eclectic Southwest Restaurant in Quaint Mountain Town
Fairplay, CO
| Asking Price: | $169,000 |
| Gross Revenue: | $510,000 |
| FF&E: | $45,000 |
| Cash Flow: | $135,000 |
| Rent: | $2,600/Month |
| Established Year: | 2018 |
Listing ID: 2276219Listing provided by BizBuySell
BUSINESS DESCRIPTION
Favorite dining spot for Locals and Visitors alike!
Located in the historic mining town of Fairplay, Colorado, Salado welcomes you to explore our eclectic menu. You will discover a twist on southwest cuisine made with fresh ingredients. We also feature regional craft beers, signature cocktails, and a variety of wine. Help yourself to a feast for the senses and dine in a comfortable and contemporary setting. Pair your favorite dish with one of our unique beverages while enjoying our intimate atmosphere. You may discover an affordable and relaxing restaurant nestled in a quaint mountain town.
DETAILED INFORMATION
Location
Fairplay, CO
Inventory
Included in asking price
Real Estate
Leased
Building SF
1,928
Lease Expiration
30/09/2024
Employees
12
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
1192 square ft includes the bar, dining room and two restrooms, 3288 square ft of beautiful outdoor courtyard seating with fountain and twelve tables for outdoor dining and special events. 736 square ft full service kitchen for catering, special events and daily food service. Decor, furniture, appliances, glassware, dishes and most kitchen equipment included.
Competition
The surrounding restaurants consist of regional cuisine and local bars and saloons. There is little to no direct competition as this is a unique dining experience for the high end customer or a casual local favorite. The perfect place to book weddings and private events for a special occasion full of ambiance and memories.
Growth & Expansion
Currently offering happy hour and dinner service five days a week from 4pm to 9pm. Lunch has been a hit in the past especially with the expansive outdoor seating in the summer. Special events during the summer and holiday parties in the winter have been a huge success and created repeat customers for buy outs year after year. The potential for catering is a big need in the area due to the big tourist industry and ski resorts near by. Brunch on weekends has been a big request with locals and tourists alike.
Support & Training
Up to a month of support and training for administrative and general opperations.
Reason for Selling
New opportunity for owners
BUSINESS LOCATION
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