For Sale: Award Winning Restaurant and Wedding Venue
Picturesque Foothills Property with 19 Idyllic Acres, 300-Seats, Tavern, Patio & Two Kitchens
This award-winning restaurant, wedding and banquet facility has survived the pandemic, proving to be ever steadfast and resilient, and is exquisitely set in the northern Front Range Foothills near Denver. Both restaurant and real estate are for sale.
The restaurant goes back many years, and the property has been beautifully updated over time with great taste and a sensitivity to structural integrity. The ambiance is exceptionally romantic.
The venue has built a great reputation and a very loyal following for its food, service and wine selection. The Front Range population growth north of Denver is continuing at a fast pace, so the future is secure as new customers keep discovering it.
Its beautiful site with 19 acres is a photographer’s dream, with riverfront meadows, ponds and even a waterfall. The over 10,000 sq. ft. facility offers a versatile layout. It has two kitchens, several dining areas, a tavern, three fireplaces, two outdoor patios, expansive garden areas, a breathtaking view of western sunsets and even a spacious 200-car parking lot. There is also a charming one-bedroom, one-bath cabin on the restaurant property that is currently under renovation and can be leased or used to host wedding parties or short-term B&B accommodations.
The facility is open year-round and employs 35-40 people. Prior to COVID-19, it was experiencing steady year-over-year growth, and the 2021 rebound is already well underway. The addition of catering, more weddings and more banquets are potential growth areas. Its two kitchens make that possible. The restaurant is currently open to the public mostly just for dinner, with added brunches on the weekends.
This is an ideal opportunity for an entrepreneurial or strategic buyer. The real estate surrounding the restaurant is unlike any other on Colorado’s Front Range. The restaurant itself has a romantic “country inn” feel. The landscaping is simply elegant.
The current owner has been in the restaurant business for many years and has a wealth of knowledge about the local market. He now wishes to retire but will offer plenty of transition assistance, if needed.
Contact us, register with us, sign our NDA and receive our confidential Offering Summary on this extraordinary one-of-a-kind opportunity!
CLICK HERE TO LEARN MORE ABOUT THIS AWARD WINNING RESTAURANT!
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For Sale: Glenwood Canyon RV Resort in Colorado
On-Site RV, Glamping, Cabins, Suites, Event Center, and Bar & Gril
Glenwood Canyon Resort is nestled in the heart of the Colorado Rockies less than an hour from Aspen, one hour from Vail, and a couple hours from Denver. The resort is highly visible to the steady stream of locals and tourists passing by on I-70. Glenwood Canyon Resort provides guests of all ages an opportunity to soak up the beautiful Colorado outdoors via a variety of accommodation offerings including Cabins, Cottages, Glamping, RV sites, and Tent Sites. With the river nearby, guests can spend their days fishing, rafting, kayaking, or just relaxing and enjoying the beautiful Rocky Mountains. There is also a zipline and aerial course on-site. Friends and family can book and celebrate weddings and other special events at the resort’s Canyon Club Event Center and the No Name Bar & Grill.
This is an ideal purchase for a seasoned outdoor resort operator looking to capitalize on an established and thriving business in the heart of Colorado, or for a current real estate investor looking to expand their footprint with a profitable operation in this picturesque Rocky Mountain playground. A proven tourist destination for decades, this resort property is well positioned to continue delivering strong financial results for the long-term.
Priced at a 7% Cap Rate, this property is delivering strong financial performance with an annualized occupancy of around 30%. Significant upside remains available for a new buyer to boost occupancy throughout the year and realize strong returns on their investment.
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