Established, Profitable French Bistro and Neighborhood Cafe

Price: $500,000

Location: Aspen, CO

Industry: Restaurant and Food

Listing ID: Frenchbistro1

Listing Status: New

Description

This popular eating and drinking spot is centrally located in a high traffic area with easy pedestrian access and ample parking. There is a homey and family friendly appeal to this 35 year old establishment which has supported the business' profitability both in and off season. The staff treats each other as well as restaurant patrons like family. Ordering is quick and easy from the deli counter, from a street side window, and online.

LISTING DETAILS

Down Payment: $750,000

Total Sales: $1,342,674

Cash Flow: $397,000

EBIT: N/A

EBITDA: N/A

Accounts Receivable: N/A

Accounts Receivable Included: No

FFE: $21,400

FFE Included: Yes

Inventory: N/A

Inventory Included: Yes

Operation

Year Established: 1988

Days & Hours of Operation: 6am - 4pm

Owner Hours Per Week: 40-60

Lender Pre-Qualified: No

Non-Owner Payroll: N/A

Employees: 10

Managers: 1

Absentee Owner: No

Security on Lease: No

Location

Real Estate: N/A

Real Estate Included: No

Monthly Rent: $9,000

Type of Location: Central mixed use building.

Square Footage: 2250 SF

Franchise: No

Relocatable: Yes

Summary

Facilities Information:

Fully equipped kitchen, serving and seating areas, both indoor and outdoor.

Terms and Conditions?:

Priced for a quick sale.

Reason For Sale:

Owner retirement.

Training & Support:

6 weeks, further consultation possible by mutual agreement.

Potential Growth:

The biggest growth opportunity is to continue service through dinner hours. The cafe is currently a breakfast and lunch restaurant. The restaurant does sell beer and wine and could sell a lot more in the evening hours.

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