Colorado Mountain Boutique Hotel and Restaurant

The Inn is a 130 year old building in downtown, right on main street! Built in 1892 the building has been in constant use on the first floor since its inception. It has been home to everything from general stores to gas stations and pool halls to restaurants. Upstairs used to be a boarding house and is rumored to have been a brothel. In mid 2017 the owners decided to transition from apartments back to a hotel/boarding house. The hallways characterize the areas mining history. The hotel is close to skiing, hot springs, mountain parks and the Wilderness areas.

Recently remodeled (2019 and 2020), 5 room boutique hotel and restaurant/ grill. Opening in 2020 the business still had a busy year with over $1,000,000 in total revenue between the hotel and restaurant. Now successfully booking rooms at a high occupancy rate coupled with a very popular restaurant on the ground floor, this opportunity is a turn key operation. Hotel guests check in at the restaurant, (with ease) which eliminates a hotel from staff.

2020 Restaurant Gross Income – $784,000

Hotel Income – $98,284 Building Income from Restaurant Rent – $38,629

2021 sales YTD up 58%

The area offers great food, world-class biking and hiking trails, golf, fishing, cave tours and more. Nearby guests can try skiing, snowmobiling, snowshoeing, zip lines, hot springs and more.

The Hotel is located above the Grill, and it offers a full – service restaurant and sports bar.

Located minutes from one of the TOP 10 FUN PLACES in America!

Don’t hesitate on this great opportunity to own a great business and have the real estate security!

SALES: $1,000,000

ASKING PRICE: $1,980,000