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Full service breakfast restaurant and donut shop

Durango, CO
Asking Price:$210,000
Gross Revenue:$1,300,000
Rent:$9,500/Month
Established Year:2008
Cash Flow:$60,000
Inventory:$30,000
FF&E:$150,000
Listing ID: 2210238Listing provided by BizBuySell
BUSINESS DESCRIPTION

Strong customer demand, great location, only local donut shop in town

If you are an experienced and dedicated chef or front of house manager this could be a life changing opportunity! I have owned this business for six years and I am confident the right person could make it much more than what it is now. Potential for long term lease or even real estate purchase. One of the biggest parking lots in town, which is important given the tourist traffic in Durango often consists of large RVs. Incredible location right in the heart of the North Main district between an upscale bank and the corporate offices of Purgatory Ski Resort. I own another business and cannot give this operation the time and attention it deserves. An on-site, working owner is what this business needs to truly thrive. We already have our liquor license plus a great, hard working staff including a dedicated manager for both front and back of house. Recently updated Square POS includes online ordering functionality and fully owned hardware. 4200sf total space. Brand new walk-in refrigeration system installed summer 2023. Brand new exterior high end grease trap installed fall 2022. All fire suppression including two full ANSUL systems and well maintained and up to date. Lots of other new equipment installed over the last five years.

DETAILED INFORMATION
Location
Durango, CO
Inventory
Included in asking price
Real Estate
Leased
Building SF
4,200
Employees
30
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
Fully operational restaurant including all in use front and back of house equipment, small wares, and furnishings. The only things I would be removing would be my personal tools and the exterior shipping container currently used for a small amount of storage.
Competition
We are the only locally owned donut shop. There is a Dunkin' but their donuts are shipped already baked and frozen, and just thaw out overnight, and the quality difference is obvious. We are one of the few breakfast spots in town, and the only one on North Main. Our customer traffic during peak seasons is remarkable, a constant stream of hungry folks coming through the door.
Growth & Expansion
The city has told me they are open to a drive thru window being installed and the building layout could support this huge upgrade to daily sales. We also close at 1:00pm, even though we do serve lunch, I only have one kitchen shift running from 5am to 1pm. A new owner could extend and highlight lunch service or even add dinner. Currently our lunch service is only a small portion of revenue.
Support & Training
I can provide a limited amount of training in certain areas such as bookkeeping, large order communication, and equipment maintenance -- my staff is the best resource for most aspects of the daily operations.
Reason for Selling
I own another business and want to focus on it 100%.
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Robert Ziegler
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Robert Ziegler
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