Description of the business for sale
Type of Restaurant Full Service Family Restaurant
Location Right off the I-70 Interchange and at the busiest intersection in town with great visibility and signage. Approximately 1,000,000 trucks a year are counted at the interchange plus heavy tourist traffic and regular highway traffic. About 1 hour and 20 minutes from Denver with a speed limit of 75 mph most of the way.
Neighboring Businesses Holiday Inn Express, Comfort Inn, McDonalds, Denny’s, Best Western, Econo Lodge, Super 8, Truck Stop with Restaurant and Gift Shop. Twelve Motels !
Facility The bar & grille occupies about 5,699 Sq. Ft. of the 9,250 Sq. Ft. building on over and acre of land. Building was constructed in 1985.
Seating Dining 100+/- Bar 54 Total 154
Parking Plentiful parking with room for RV’s and Boats as well.
Financial Sales 2003 $800,000+/- 2004 $800,000+/- 2005 $1,024,264 2006 $953,083
Jan. - May 2006 $255,321 Jan. – May 2007 $273,268
2005 numbers include an ice cream, which was separated in 2006. A private party room was transformed to a bar during 2005 and this has greatly improved profitability.
Profit 2006 re-cast as $97,278 cash flow or $137,278 beneficial income to working owner.
Liquor Hotel & Restaurant Liquor License. Liquor accounts for 16.8% of total sales.
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Support / Training provided by seller
This is a great location at a major I-70 interchange for truck, tourist, and other traffic
Traveling between Kansas and Denver as well as traffic on Hwy 287 and Hwy 24.
While there are many fast food outlets there are few sit down lunch and dinner
businesses and a bar is hard to find. This is the best with fireplace and comfortable
special occasion atmosphere. Real Estate may also be purchased. A nice
2 bedroom home is also available for an additional $90,000.
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Description of the facilities
Lease Building owners are offering a Restaurant lease for 10 years at $8.86/Sq. Ft. NNN + NNN of $3.45/Sq. Ft. or $5,847/Mo. gross with annual CPI increases and 2 five year options to extend.
Hours of Operation Brkfst, lunch and dinner 7 days from 7:00 AM to 10:00 PM with the bar open later. No. of Employees 35.
Utilities $3,568/Mo. Average Check Average Brkfst $7 Lunch $10
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