Trendy Neighborhood Eatery

Trendy Neighborhood Eatery

Trendy Neighborhood Eatery

Price: $426,000

Location: Montrose County, CO

Industry: Limited-Service Restaurants

Listing ID: 51949
DESCRIPTION

Established in 2001 the current owners took over in 2014. The high quality recipes and menu have remained the same since opening day. These owners have strategically added offerings that complement the menu and others that have added to the customer experience.
This counter service fast casual restaurant has surpassed an average 8% annual increase in revenue to 31% since the pandemic. On-line ordering, cash and carry, or stop in all contribute to the success.
The dual owner team work on a part time basis in an administrative role. Owners oversee operations but the day to day operations are managed by shift supervisors.

LISTING DETAILS
Total Sales:

Seller’s Discretionary Earnings (SDE): $136,000
FFE Included: Yes

FFE: $70,000

Reason For Sale:

Ready for next adventure.

Training & Support:

Owners will provide necessary time to train and transition.

OPERATION
Year Established: 1995
Employees: 15

LOCATION

Square Footage: 2100

Facilities Information:

The updated 2100 Sq Ft building has a dining area to serve 40 -plus, outdoor seating, and handicap accessible restrooms. The prep area has a large walk in cooler plus multiple points of refrigeration, a dry storage loft, and shelves for stable consumables. The real estate is owned by the Sellers, with an option to purchase on a case to case basis.

SUMMARY

Competition:

This restaurant competes on a high quality menu with many items made from scratch. Customers seeking an experience of local house made food are the main stay of this business. Hundreds are served each week yet room for growth remains.

Potential Growth:

Word of mouth remains a powerful tool to maintain a steady flow of customers. On-line ordering has significantly added to the revenue. Opportunities for growth exist from various revenue streams that have largely been untapped. The kitchen has double the capacity with the current staff and could easily quadruple with additional staff.

For more information on this listing, please complete our Non-Disclosure Agreement
CONTACT DEAL OWNER

Kevin Brooks

Phone: 9702169288
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