Grand Lake, CO: Riverside Dining near Boardwalk & Beach!

Asking Price$2,190,000

Cash Flow
Not Disclosed

EBITDANot Disclosed

Gross RevenueNot Disclosed

InventoryNot Disclosed

FF&ENot Disclosed

Real EstateNot Disclosed

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Grand Lake, CO: Riverside Dining near Boardwalk & Beach!


Asking Price$2,190,000

Cash Flow
Not Disclosed

EBITDANot Disclosed

Gross RevenueNot Disclosed

InventoryNot Disclosed

FF&ENot Disclosed

Real EstateNot Disclosed


Seller Financing Available
Business Description
Only $2,190,000 for 7,000 square feet of streamside charm. Location! The Rapids Restaurant - Riverside Destination Dining year round, just off the Boardwalk and near Grand Lake's Beach - could even be something other than a restaurant - perhaps a spa, using those 6 charming rooms? offering wine & cheese & appetizers along the river? Owner's home/ manager's quarters are included. Seller financing is available. This 7,000 square foot building out of Grand Lake's past could even be your own private riverfront home, when fall comes.  

4,000 square foot restaurant/ bar/ banquet room/ lobby level seats about 100 guests inside and 45 outside. Another 2600 square feet on the middle level: 6 employee rooms each with a private bath that can be easily converted for Bed & Breakfast guests. Plus a Spacious 2 bedroom/ 2 bath owner's apartment on the private third floor. Leave your windows open all summer to hear the sounds of the clear cold water coming from out of the Rocky Mountain National Park just up the hill. Lunch is served outside along the river through the summer months and into the fall!  Ownership includes land to the middle of the stream - 100 feet along and below the waters of the North Inlet. Just beyond the east end of the Boardwalk, 2 1/2 blocks from the beach!  Reduced from $2,950,000 to $2,190,000 so that you can update it as you like. although the building is part of Grand Lake's colorful past, there are no restrictions related to a historic designation; we can explain the particulars of parking, etc.Four months of the year, the Rapids is only open on Fridays and Saturdays; that is a pretty nice work schedule. Please keep in mind that in addition to making money from the bar & restaurant, you own a home along the river in town at no extra cost - plus you can provide housing for a large number of employees, or collect rental income from those rooms.  Gross income was just under a million dollars this past year - plus, you get a free riverfront home valued at close to a million dollars and free employee housing. What a value! R148150  #210 Rapids Lane
About the Business
Years in Operation
100
Employees
5
Facilities & Assets
7500 square foot building, large dining patio along the river plus you own the land to the middle of the stream.
Website
https://www.mountainlakeselection.com/
Market Outlook / Competition
This is the only commercial property along the stream in this resort village.
Opportunities for Growth
Open 4 more months out of the year, serve breakfast and lunch year round.
Real Estate
Owned or Leased
Owned
Included in asking price
Building Sq. Ft.
7,500
Listing Info
ID
2373280
Listing Views
1146
Attached DocumentsAttachment Disclaimer

Rapids Restaurant Flier.pdf


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Business Listed by: Donna Ready

Listing ID: 2373280 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.