Manitou Springs Inn And Restaurant For Sale

Business description

Located in Manitou Springs Colorado, it is a unique combination of Triple Diamond AAA rated Accommodations and has a great restaurant facility with conference and meeting space, theater and entertainment capability. The rooms are over sized, deluxe rooms & suites. Some suites have cozy fireplaces and jacuzzi tubs. It is close to many areas of attraction, including the Garden of the Gods and Pikes Peak. The restaurant has a large kitchen facility with two working lines. There are several big rooms for seating along with an outdoor patio. Just the main level has seating capacity for about 350 to 400 persons.

Property information

Real Estate:

Real Property Included

Location:

It is on the main road that goes through the resort area.

Premises details:

The restaurant was built in 1971 with approximately 17,438 square feet. It consists of two floors, with a main staircase inside and an outside enterance into the downstairs and a full size elevator located in the kitchen. The Inn was built in 1998. The Inn has two buildings, one is about 14,031 sq. ft. and the other is about 9,852 sq. ft. Tere are 49 rooms. The two facilities sit on about 101,000 sq. ft. of land with about 270 parking spots.

Size in square feet:

approximately 101,000 sq. ft.

Business Operation

Expansion potential:

There are many other uses for the entire complex. We will break those down further in our information package.

Competition / Market:

There is plenty of competition because it is in a historic and beautiful town with lots of tourists. They have an advantage with the Inn because it is one of the newer ones in the area and they just took on the Rodeway Inn francise.

Reasons for selling:

Owner is at the age where he needs to retire.

Years established:

10 years for the motel and 38 years for the restaurant.