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Restaurant and Inn for sale in Manitou Springs, CO

Manitou Springs, Colorado (CO)

Asking Price: Gross: Cash Flow:
$ 4,200,000 Undisclosed Undisclosed

Furniture and Fixtures Value:
(included in the asking price)

Real Estate:
(included in the asking price)

Business Summary:
Located in Manitou Springs Colorado, it is a unique combination of Triple Diamond AAA rated Accommodations and has a great restaurant facility with conference and meeting space, theater and entertainment capability. The rooms are over sized, deluxe rooms & suites. Some suites have cozy fireplaces and jacuzzi tubs. It is close to many areas of attraction, including the Garden of the Gods and Pikes Peak. The restaurant has a large kitchen facility with two working lines. There are several big rooms for seating along with an outdoor patio. The main level has seating capacity for about 350 to 400 persons.

 

   
Year Business was Established: 1998
   
Facilities / Terms of Lease: The restaurant was built in 1971 and is approximately 17,438 sq. ft. It consists of two floors, with a main staircase inside and also an outside entrance that goes downstairs as well and an elevator off the kitchen. The Inn was built in 1998, and has two buildings. One is about 14,031 sq. ft. and the other is about 9,852 sq. ft. There are 49 rooms. The buildings sit on about 101,000 sq. ft. of land, with about 270 parking spaces.  
   
Potential Growth/Expansion: There are many other uses for the entire complex. We will break those down further in our information package.  
   
Competition: There is plenty of competition because it is in a historic and beautiful town with lots of tourists. They have an advantage wit the Inn becuase it is one of the newer ones and they just began with a Rodeway francise.  
   
Reason for selling: Owner is at the age where he needs to retire.  
   
Seller Reference Number: bm1504199928
BusinessMart.com Listing Number: 60221
 

 

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For more info contact:

Robert Hedges

The Robert Hedges Company
719-632-9384

CONTACT SELLER

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