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#Business ID: 14667

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Restaurant And Lounge

Business Location: Silver Cliff, Colorado, United States

Asking Price: $ 800,000 Revenue: $ 348,765 Cash Flow: not disclosed

[Furniture / Fixtures included]
[Real Estate Included]

Business Summary

The original brick building that includes the main dining room and kitchen was built in the 1880's. It has housed a pharmacy, bee-keeping/honey making operation, bank, tavern and probably other businesses throughout history. It was opened as a Pizza Madness in 1996 and has been a pizza and sandwich restaurant since. This original structure contains a full basement with natural rock foundation that is used for storage as well as an employee break room. In the early 1980's, the west dining room was added, as was the plumbing and electric updated to current standards. The lounge, business office and future open-air dining or meeting room were constructed in 2009-2010. The lounge/nightclub is state-of-the-art with an elaborate sound/lighting system, performance stage, DJ booth, dance floor, 16 foot projection TV system, natural fireplace, and exquisite bar and back bar. Included in this new addition is a basement apartment that is roughed-in, plumbing and electric roughed and approved, and the drywall is on site, but not yet installed. The property and equipment are meticulously maintained to present a reliable and appealing business atmosphere. Widely known for unmatched pizza and sandwiches. This is a turn key operation that will afford an interested business-minded individual with the opportunity to take the reins without missing a beat.

The building is approximately 8,900 sq. ft. It contains a approx. 2,400 square foot restaurant with attached approx. 2,600 foot cocktail lounge/nightclub. It also includes ready-to-finish- two bedroom apartment, party/meeting room (could be converted to open-air dining), business office and ample storage rooms.

Property Details

Size:

8,900 sq. ft.

Years Established:

1996

Property Type:

Real

FF&E:

$ 280,000

Real Estate Value:

$ 800,000

Other Business Details

Competition:

There are other restaurants in town but no one has pizzas except for one other place that doesn't compare.

Expansion Potential:

Business could easily triple with a new energetic buyer though expansion of operating hours and doing additional things.

Business Operation Details

Employees:

6

Support & Training:

Owner will train buyer for 30 days at no charge.

Miscellaneous Details

Reason For Selling:

Owner wants to retire.

Contact this seller

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