National Business Brokers, Colorado - Food and Beverage Opportunities

NATIONAL BUSINESS BROKERS, LTD.

Profile No. FC-0579, Upscale Wine & Liquor. This recently opened upscale wine and liquor store is located in one of the highest household income centers in Colorado Springs, Colorado. The average median income is just under $100,000 within a 5 mile radius and the store caters to those customers frequenting the King Sooper’s anchored “Lifestyle Center”. The store is just less than 3,000 square feet and features attractively designed wine racks, contemporary furnishings and all new equipment including the walk-in cooler, lighting and point of sale system. The concept of the store is to provide a relaxed and inviting environment where customers enjoy shopping. The owners have established this client base and often times customers spend hours just browsing the selection of wines and educating themselves on the descriptions and ratings highlighted next to each product. In addition to wine they also sell a limited selection of choice liquors, microbrew beers, and accessories. The Asking Price is $332,000. The owner’s business plan projected $830,000 in Gross Revenues with the Seller’s Discretionary Cash Flow being $124,000. To date, Gross Revenues are exceeding projections by 10 to 15% monthly. A new buyer can bypass the time and expense required to start from scratch and walk into this store where sales are exceeding projections. This business has been pre-approved for an SBA loan for a qualified purchaser.

Profile No. GB-0583, Restaurant/Bar & Banquet Facility. This recently remodeled restaurant/bar with separate banquet facilities is located in a well established hotel/living center in Colorado Springs, Colorado. Because of its location and the building owner’s desire to have a modern professional operation for their guests and residents, the rent structure is one that cannot be beat. Rent is only $800 per month! In addition, the rent covers all utilities as well as maintenance of the equipment. In addition to the restaurant which is approximately 3,500 square feet, the bar which is approximately 1,100 square feet and shares the same kitchen has its own entrance and hours of operation. There are two separate banquet rooms one approximately 770 square feet and the other approximately 2,250 square feet with an adjacent 1,000 square foot patio. The business was purchased by the current owners with the intent that 2 of 3 three partners would run the business and the 3rd would be an investor and advisor. Unfortunately for the investor (who owns another bar in Colorado Springs) the two partners did not work out and the investor had to step in to run the operation. They invested well over $150,000 in the business when they purchased it and the investor is just trying to recoup some of his investment and regain some control of his life and time. Gross Revenues through September ’07 $202,422. The operation is currently at break-even but a full-time owner could replace one manager and make approximately $47,000 per year. The Asking Price is only $129,000 and this is an incredible opportunity for a full-time owner/operator. One would be hard pressed to find a more attractive rent structure and a new owner will be taking over a facility that is completely updated. If one concentrates on promoting the business to outside parties and banquets, receptions, etc., and can create a concept that will draw people to the location then there is no reason this cannot be an extremely profitable business.

PROFILE NO. FD-0586. Wine & Liquor Store in Colorado Springs. PRICE REDUCED! This business recently completed its fourth full-year of operation in a growing upscale neighborhood of residential and commercial businesses. Despite absentee ownership, revenues have shown annual increases each year and exceeded $500,000 in 2007. 2007 Revenues were $503,628, 2006 Revenues were $449,695 and 2005 Revenues were $335,629. Over 55% of the revenues are from the sale of premium wines and liquor. The store is approximately 1,800-Sq. Ft. with large walk-in coolers for both domestic and imported beer. Varieties of wines are attractively displayed and the store offers a pleasant atmosphere and knowledgeable staff to serve their clientele. An on-site Owner/Operator/Manager would assist in taking this store to the next level of continued revenue growth and profitability. The Asking Price is $140,000 plus the value of the inventory (approximately $100,000) at wholesale value.

Profile No. FB-0570, Liquor Store. This business has been in operation since 1998 and has been owned by the current owners since 2003. Due to family health issues they are selling the business. Located on the corner of a busy downtown intersection they have both on-street and off-street parking. A POS (Point-of-Sale) system is utilized for keeping an accurate track of inventory, analysis of sales data, and customer names and addresses for deliveries. Gross Revenues for January-July2007 were $231,767 and the Seller's Discretionary Income for the same time period was $28,368. The Asking Price is $155,000 plus inventory of approximately $30,000. This business is located in downtown Pueblo, CO and has been at this location since 1998. They are one of the only liquor stores in this community to offer the delivery of Beer, Wine and Liquor products to their customers. A delivery charge is added to each order and their hours of delivery are from 5:00 p.m. to 10:00 p.m. Monday thru Saturday. Other items sold include cigarettes, sodas, mixers, etc. There are several part-time employees and the potential for increased profits improves if an Owner works in the store full-time as they did when the opened the store in 2003, plus offering State Lottery games could also increase revenues.

Profile No. BA-0575, Wholesaler of Healthy Snacks. Established in late 2003, this home based Colorado Springs business distributes delicious frozen fruit bars and other natural and healthy snacks. Requiring only storage space, this business can easily operate from a home with a single owner working the business. Ordering and delivery can be worked around the owner’s schedule requirements. Compared to buying a new franchise, this business provides a lot more including additional equipment, a 60-account customer list and solid processes for not much more than the price of a new franchise. This franchise opportunity has been praised by the national media as one of the best home-based business franchises available today. The business is being sold due to illness in the family and the Asking Price is only $71,500 plus the transfer fee cost. Included in the sale are assets worth an estimated $47,774. Gross Revenues for the first 8 months of 2007 were $62,452 with a Seller's Discretionary Earnings of $12,526 as compared to all of 2006 when Gross Revenues were $76,488 and SDE was $11,181. Since buying the franchise, the seller has invested profits back into the business, creating a strong foundation for growth. On top of the 60 current distribution accounts, a new buyer will receive 15 new accounts through the franchise training. There are many special events where the frozen fruit bars can be sold from an attractive rolling freezer cart which is included in the sale. There are other natural snack and bread products that haven’t been promoted to their full extent due to the initial focus on the frozen fruit bar line. These other products have the potential to bring the off-season revenues up significantly, while also impacting the high summer season.

Profile No. DA-0568, Retail – Coffee House and Deli. This coffee house and café is located in an upscale strip shopping mall located on the southwest side of Colorado Springs. This 1,870-sq. ft. café offers a comfortable atmosphere that seats 60 customers, wireless (Wi-Fi) web access, and a friendly staff to serve hot and cold beverages, salads, sandwiches and dessert items. There is also an outdoor patio and a take-out menu is available. The business is operated with the owner/managers and 2 employees. The owners are selling because they are relocating out of state. Gross Revenues for 2007 were $169,410 and the Seller's Discretionary Earnings for the same period were $55,915. The Asking Price is $120,000 plus inventory of $5,000 and includes FF&E with a fair market value of $60,000. This business has excellent growth potential due to the store location on a busily traveled north/south main street on the southwest side of Colorado Springs, and for their reputation for providing quality products and excellent customer service.

Profile No. GB-0556, Mexican Restaurant. This family owned and operated business began over 45 years ago and remains one of the few remaining independent restaurant serving authentic Mexican food the way it has for over 4 decades. The recipes have been passed down from the family members who founded the business. The present owner began working in this family business when he was 8 years old. Adhering to a work ethic and commitment to providing value for the many repeat customers who are known and greeted by name by the owner, pride can be seen throughout the facility. Year after year the restaurant is regarded as one of the best in the city for true Mexican food. The Asking Price is $650,000 and includes this historical property valued at $510,000 and the business and property are being sold as a package. This is a people business. The new owner should enjoy the uniqueness of this property and the ambiance of a truly authentic Mexican restaurant. The décor is subtle and tasteful, not overdone and allows the diner to enjoy the atmosphere of the South without leaving the country. A new owner could certainly increase the operating hours and do more in the way of advertising to increase sales.

Profile No. GB-0541, Bar/Tavern/Restaurant/Dance Club/Nightclub. Offering excellent food, great service and outstanding live entertainment, this recognizable local landmark tavern and restaurant is located in a historic building that was constructed as a roadhouse with two large dome shaped rooms. The business was established in Colorado Springs in 1935 and has been a landmark location at this busy north/south main street address every since. The Owner recently remodeled the kitchen and facility with upgraded equipment while maintaining the integrity of this uniquely designed building. 2006 Revenues averaged approximately $45,000 monthly. This is primarily an Asset sale of the Real Estate and Equipment. Asking Price is $900,000 with the Real Estate valued @ $775,000 and the business @ $125,000 which includes $80,000 in Furniture, Fixtures & Equipment and Inventory of $10,000. The three outdoor-patios (one covered) offer outdoor dining and an area for group picnics and barbecues. The business attracts a diverse clientele as they feature big-screen TV for football games, Karaoke nights, Poker nights, Happy Hour Monday through Fridays and live entertainment during the weekends.

Profile No. DC-0475, National Franchise Restaurant and Real Estate. Drive thru and sit down restaurant that specializes in hot sandwiches, pizza, soups and salads. This restaurant is located near high traffic intersection with great exposure and a traffic light for easy access for customers. Restaurant is free standing and the building is part of the business acquisition. Operation is currently paying $120,000.00 in rent. The Asking Price is $275,000.00 for the restaurant and $1,325,000 for the building, for a total Asking Price of $1,600,000. Size of the property is 34,262 sq .ft. and the building is approximately 3100 sq. ft. Business opened late 2001 and is only in its infancy with tremendous growth potential in the area. This business is positioned for steady growth and the start up pains of a new business are over. Located in an area with large employer businesses, high tourist traffic and residential neighborhoods. With on site ownership, profits should increase substantially, along with strong property appreciation due to the prime location.