Successful New Business in Rapidly Growing Location
Business Description
ESTABLISHED BAR & TAPROOM - SILVERTHORNE, CO
This thriving self-pour taproom represents a unique opportunity in Summit County's fastest-growing market. Established in 2024, the business has quickly become a local favorite, earning recognition as the best new business in 2024 and ranking in the top 5 for best beers on tap.
BUSINESS OVERVIEW:
The only 30-tap self-pour establishment in Silverthorne and Summit County, offering customers a distinctive experience with no wait times and extensive variety. The 1,803 sq ft space features large TVs for sports viewing and accommodates diverse events from wedding parties to corporate gatherings.
FINANCIAL PERFORMANCE:
• Annual Revenue: $230,000
• Asking Price: $375,000
• FF&E Value: $75,000
• Inventory: $10,000 (included)
LOCATION ADVANTAGES:
Strategically positioned in rapidly expanding Silverthorne, now Summit County's largest town. The taproom serves as the closest bar to the high-density Wildernest neighborhood and benefits from proximity to major attractions including the Outlets at Silverthorne and upcoming Ice Castles project (1/8 mile away).
GROWTH POTENTIAL:
Significant expansion opportunities driven by:
• Booming housing construction nearby
• Planned Blue River play wave development directly behind location
• Potential to add small kitchen for food service
• Growing tourist and local customer base
OPERATIONAL DETAILS:
• Lease: $7,600/month through March 2034
• Established customer base of tourists and locals
• Friendly, trained staff
• Affordable pricing model
The owner provides two weeks of training with extended operational support available. This turnkey operation offers immediate cash flow with substantial upside potential in Colorado's premier mountain destination.
Reason for Sale: Owner focusing on other business ventures and family commitments.
This thriving self-pour taproom represents a unique opportunity in Summit County's fastest-growing market. Established in 2024, the business has quickly become a local favorite, earning recognition as the best new business in 2024 and ranking in the top 5 for best beers on tap.
BUSINESS OVERVIEW:
The only 30-tap self-pour establishment in Silverthorne and Summit County, offering customers a distinctive experience with no wait times and extensive variety. The 1,803 sq ft space features large TVs for sports viewing and accommodates diverse events from wedding parties to corporate gatherings.
FINANCIAL PERFORMANCE:
• Annual Revenue: $230,000
• Asking Price: $375,000
• FF&E Value: $75,000
• Inventory: $10,000 (included)
LOCATION ADVANTAGES:
Strategically positioned in rapidly expanding Silverthorne, now Summit County's largest town. The taproom serves as the closest bar to the high-density Wildernest neighborhood and benefits from proximity to major attractions including the Outlets at Silverthorne and upcoming Ice Castles project (1/8 mile away).
GROWTH POTENTIAL:
Significant expansion opportunities driven by:
• Booming housing construction nearby
• Planned Blue River play wave development directly behind location
• Potential to add small kitchen for food service
• Growing tourist and local customer base
OPERATIONAL DETAILS:
• Lease: $7,600/month through March 2034
• Established customer base of tourists and locals
• Friendly, trained staff
• Affordable pricing model
The owner provides two weeks of training with extended operational support available. This turnkey operation offers immediate cash flow with substantial upside potential in Colorado's premier mountain destination.
Reason for Sale: Owner focusing on other business ventures and family commitments.
About the Business
- Years in Operation
- 1
- Employees
- 4 (4 Part-time)
This business can be operated with minimal staff overhead and a single staff mem - Facilities & Assets
- Perfectly located at the intersection of US Hwy 6 and I-70 with ample parking, located on the rec path, and right on the blue river with patio space overlooking the river. Rapid local residential and commercial expansion and desirable retail businesses in close proximity make the facility an ideal location. Assets include all brand new equipment including furniture, huge walk-in cooler, TVs, draft systems, data infrastructure, smart screens, point of sale, product coolers, ice makers and dispensers, etc.
- Website
- https://www.thirstypika.com/
- Market Outlook / Competition
- This is the only business like it in Silverthorne and Summit County with a 30-tap self-pour model. Voted best new business in 2024, both tourists and locals love the business model and experience. Ranked top 5 for best beers on tap two years in a row. Large TVs offer ideal sports viewing, while the space is ideal for wedding parties, group gatherings, holiday parties, etc. Local competition includes breweries and restaurants serving alcoholic and non-alcoholic beverages. New owners could potentially add a small kitchen to add in-house food.
- Opportunities for Growth
- Huge upward growth opportunities as Silverthorne is now the largest town in Summit County, and growing rapidly as housing construction booms only a couple blocks away. Plans of creating a Blue River play wave directly behind the taproom would drastically enhance traffic to the location as well. The Outlets at Silverthorne just contracted with the Ice Castles, a project being built only 1/8 mile from the taproom location. This is the closest bar/taproom to the entire Wildernest neighborhood as well, a high-density of year-round residence.
Real Estate
- Owned or Leased
- Leased
- Building Sq. Ft.
- 1,803
- Rent
- $7,600.00 per month
- Lease Expiration
- 3/1/2034
About the Sale
- Seller Motivation
- To focus on other businesses and family
- Transition Support
- Two-week training, with longer term operational support available.
Listing Info
- ID
- 2437031
- Listing Views
- 178
Business Location
Listing ID: 2437031 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.
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