FAMILY-OWNED MOTEL, RESTAURANT, AND LOUNGE #0073 CO FSBO

Hot
bar and grill (5)

Business Information

Business ID
#0073
Price
$1,500,000
State
Asset
$1,330,000
Gross Sales
$370,609
Cashflow
$134,061
SIC Codes
5820,5830,7010

Family-operated motel, eatery, and bar available for purchase in the northeastern region of Colorado!

This lovely family-owned motel, restaurant, and lounge has been welcoming guests since 1977, under the current ownership since 1990. The current business owner is willing to offer a reasonable transition period post-sale to aid the new buyer in a seamless ownership transfer. With its relaxed ambiance, strategic location, and loyal clientele, this is the perfect business to take charge of. An ambitious entrepreneur can capitalize on the existing relationships and propel this business forward. The motel provides a variety of traveler-friendly amenities, such as well-appointed guest rooms with kitchenettes and air conditioning. The restaurant and lounge offer a diverse selection of American cuisine and beer. Situated in northeastern Colorado, the business benefits from high visibility and ample space for potential expansion. This prime location paves the way for sustained success. With a solid market presence, strong brand recognition, and stellar reputation, the business continues to attract and retain a growing number of satisfied customers and referrals daily! Reach out today to discover more about this amazing opportunity and the promising future it holds! Assets are to include approximately $30,000 in average inventory, $850,000 in Building & Property, and $450,000 in F/F/E. Ask for this "for sale by owner” PORTFOLIO #0073