205 8th Street, Glenwood Springs, CO 81601

$525,000
List Price
$525,000
Status
ACTIVE
MLS#
176952
Year Built
1912
Acres
0.04
Region
Glenwood
Neighborhood
09-Glenwood Proper

Property Description

*** Business Sale Only. Real Estate Not Included*** Nestled in the mountains of Glenwood Springs, Rocky Mountain Pizza Company is a local favorite for home-made pizza. The dough is made fresh daily, and the sauce is prepared using a secret recipe. The restaurant only uses the freshest ingredients, and the menu features a wide variety of traditional and unique toppings. The pizzas are made to order and can be enjoyed in the dining room or ordered for take-out. In addition to pizza, the Rocky Mountain Pizza Company also offers salads, sandwiches, and desserts. The restaurant has a casual atmosphere and is family-friendly. The Rocky Mountain Pizza Company is open six days a week, and delivery is available. This is being offered as a turn-key opportunity. All assets, the name, all systems and IP are part of the sale. The lease for the property is very favorable for the tenant. The current term expires 4/30/2024. With one five-year option. The current owner purchased the business in early 2019. They immediately improved all systems and efficiencies, as well as changed the menu to include higher margin / higher end offerings. They have since acquired another restaurant in the area and have decided to pursue the improvement of that restaurant, just as they have done with Rocky Mountain Pizza. They wish to pass this business on the next generation. Over the last 18 months, the owner has invested heavily in brand refinement, creating a new logo and custom printed pizza boxes. Updates to the menu, improvements on the building façade, and new exterior signage are all in various stages of design completion. All of which will pass to the new owner upon sale.

Additional Information

Tax Year
2021
Water
City

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Slifer Smith & Frampton RFV.

board logo

© Copyright 2022 by Aspen/Glenwood Springs MLS, Inc. ALL RIGHTS RESERVED WORLDWIDE. No part of this publication may be reproduced, adapted, translated, stored in a retrieval system or transmitted in any form or by any means, electronic, mechanical, photocopying, recording, or otherwise, without the prior written consent of the Aspen/Glenwood Springs MLS, Inc. Aspen/Glenwood Springs MLS, Inc. data last updated on .