Crested Butte Restaurant Businesses for Sale

Three of Crested Butte’s most successful restaurant businesses are for sale. Listed by Channing Boucher of Benson Sotheby’s International Realty, these profitable, established Crested Butte ventures offer superior locations and excellent reputations. View Channing’s web site for complete listing information. View Web Site 

The LoBar

 The LoBar
(view web page)
Offered at $395,000 

This is a very special opportunity to acquire a highly profitable restaurant and lounge venture in a very cool place to live and work. The LoBar is located in the heart of the commercial district in downtown Crested Butte at 303 Elk Avenue. 

The restaurant’s menu is eclectic and includes many popular sushi and Japanese influenced dishes. 

The LoBar transforms itself nightly into Crested Butte’s social hot spot. featuring great lounge and bar seating and private dining areas. The business is ideally suited for it’s market, enjoying a loyal installed base of local customers as well as a prominent national reputation as the place to patronize when in Crested Butte. 

The financial results reflect a business in command of its market. Purchase prices includes extensive leasehold improvements plus all of the fixtures, furnishings and equipment. Also included is seller training and consulting, marketing collateral, brand, menus and trade secrets.  Business summary and financials provided upon request and execution of a NDA. 

The Timberline

The Timberline Restaurant
(view web page)
Offered at $499,000 

The Timberline Restaurant is located in the heart of downtown Crested Butte on the corner of Second Street and Elk Avenue. Built in 2000, the location offers seating for 44 diners and 12 bar patrons downstairs in the bistro. The upstairs main dining room can comfortably seat 68 people, with elevator access available. The sunny sidewalk patio offers seating for 15, for larger groups the creekside deck has seating for 45 with views of Mount Crested Butte and Paradise Divide. 

During the winter of 2010 the restaurant added a bakery to offer baked goods and breakfast items. Purchase price includes extensive leasehold improvements plus all of the fixtures, furnishings and equipment. Also included is seller training and consulting, marketing collateral, brand, menus and trade secrets.  Business summary and financials provided upon request and execution of a NDA.

LeBosquet and Why Cook? Deli

LeBosquet and Why Cook? Deli
(view web page)
Offered for $ 1,595,000 (real estate included) 

This opportunity is a rare find for the serious restaurateur or business person looking to capitalize on the fastest growing Colorado ski and summer resort market Crested Butte, Colorado. Imagine owning an award-winning restaurant and upscale bar in an intimate and contemporary mountain setting with a professionally designed kitchen. 

Additionally, this offering includes a separate gourmet catering and take-out deli business immediately adjacent to the restaurant. This business shares the same kitchen and storage infrastructure. The sellers are retiring from a successful 35 year restaurant career in Crested Butte. The recent economic surge is due to the highly publicized 2004 sale of Crested Butte Mountain Resort to the owner-operators of Okemo and Mt. Sunapee ski areas in Vermont. 

Located in a busy shopping and services district – The Majestic Plaza – of Crested Butte. Crested Butte Center for the Arts is across the street, the Majestic Theatre, The Daily, Clarks Market and ski resort shuttle stop are closeby. Large PUD parking lot, ADA accessible and bonus 700 sq. ft exclusive use patio for outdoor seating included. 

Real Estate Included
Unit 141 and Unit 142
Majestic Plaza
(Price Includes Real Estate and Both Businesses, FF&E, Inventory)

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