Fully Equipped Bar with Expansive Patio in Prime Colo Springs Location

Colorado Springs, CO

Seller Financing Available

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Sale Pending
Asking Price:$49,000
Inventory:$5,000
Established Year:2023
Gross Revenue:$344,360
FF&E:$60,000
BUSINESS DESCRIPTION

In 2023, this business achieved over $344,000 in sales despite limited operations, underscoring its strong potential for growth. This turnkey opportunity provides a solid foundation for a new owner to build upon, offering an excellent chance to step into a well-established bar concept and take it to the next level.

Situated in one of the prime locations in Colorado Springs, this bar is nestled in an area renowned for socializing and nightlife. With multiple new apartment and condo buildings under construction, the neighborhood is experiencing significant growth, ensuring a steady influx of potential customers and enhancing the appeal of this already vibrant gathering spot.

Included in the sale are the business name, menu, and social media platforms, all of which are fully transferable. Additionally, a valuable liquor license is part of the package, providing an essential component for continued operations. This setup offers a smooth transition for the new owner to begin operations immediately.

The bar features approximately 2,100 square feet of eclectic indoor space, designed to create a welcoming and creative atmosphere perfect for entertaining guests. The expansive 4,300-square-foot open patio offers ample room for outdoor gatherings or having a few drinks with friends, making it a sought-after destination for socializing in the beautiful Colorado Springs weather.

Notable equipment includes a completely built-out bar area with seating, a cozy lounge space, and indoor seating with table and chairs. The outdoor patio is equipped with tables, fire pits, and open space for games. The kitchen comes equipped with a grease trap and a walk-in cooler providing everything needed to continue the current concept or introduce a new one.

This is a unique opportunity to acquire a bar in one of Colorado Springs’ most dynamic areas. With its prime location and complete setup, the business has significant potential for growth and development under new ownership.


DETAILED INFORMATION
Location
Colorado Springs, CO
Inventory
Not Included in asking price
Employees
2
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
The bar features 2,100 square feet of eclectic indoor space and a spacious 4,300-square-foot patio, perfect for socializing in Colorado Springs' favorable weather. Key assets include a fully built-out bar area, comfortable lounging, indoor seating, a grease trap, and a walk-in cooler. The patio is equipped with tables, fire pits, and open spaces, supporting both the current concept and potential new ideas.
Competition
With ongoing residential growth and a dynamic local community, this area presents significant potential for bars, offering both immediate customer attraction and possible future growth.
Growth & Expansion
Expanding operating hours and increasing marketing efforts could unlock significant growth potential and boost revenue, tapping into a broader customer base.
Reason for Selling
Focus on other businesses
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Nicole
Yates
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Nicole Yates