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.
Originally listed for $695,000, the business is now available for $395,000.
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 latest issue of Ski Magazine features THE LOBAR in Crested Butte in the headliner picture for the article, “Ten Best Ski Area Sushi Restaurants.” See Article Here
Offered at $395,000