Avalanche Brewing Company 1151 Greene St

Investment Highlights

7bbl brewery with room for expansion in dining room & production, plus real estate Gross sales are $994,575 annually, NOI: $211,573 Popular tourist attraction town near Kendal Mountain Ski Area All FF&E included (request asset list) at $167,730 in value Turnkey operation with staff willing to stay. Licenses: federal/state liquor license and food license Located in both enterprise zone and opportunity zone with variety of local and state incentives

Executive Summary

Golden Group Real Estate is proud to present Avalanche Brewing Company business and prime real estate sale available for sale. The property is located in a small mountain town of Silverton, Colorado. Silverton is in the center of San Juan County, about 48 miles north of Durango, and 60 miles south of Montrose. 7bbl brewery with room for expansion in both dining and production represents profitable and successful business with $994,575 annual gross sales. It?s a turnkey opportunity for prospective buyers regardless of experience in the industry. The business includes the brewery, restaurant (serving artisan pizzas, wraps, and salads) and comes with all fixtures,furniture, and equipment (FF&E), liquor, beer and food licenses, website, recipes, business name and well-established reputation of 15-years of excellent services and year-round customer and employee base. Owners looking to pursue different opportunities, are willing to help train new owners and/or management as well as staff. Upon signing NDA, well-documented financials which demonstrate steady growth annually are available to prospective buyer.Historic downtown building has had a full renovation with new roof, solar, new plumbing and electric. The value of real estate alone, according to the recent appraisal, is $895,000. The property features 2,380 SF of the main floor and 1,445 SF of full basement with storage, coolers, prep area, and brewery equipment. The property is plumbed and wired for future expansion of brewing operations. The property contains significant amounts of FF&E ranging from kitchen and brewery equipment to artwork and furnishings. Currently brewpub does not do retail sale outside the restaurant but could be expanded under new ownership. Silverton?s annual visitation and population have been increasing rapidly since 2018, as has opportunities continue for growth. This summer the first 3.6 miles of Baker?s Park, a planned 30 miles of world class mountain bike trails, was completed. Lift and lodging expansion is approved to commence this summer under new ownership of Silverton Mountain, the town of Silverton continues to pursue expansion of ski terrain and base areaoperations at Kendall Mountain. Revenues and real estate values continue to grow in this idyllic mountain town. Don?t miss out on your opportunity to own a successful business that has been an established pillar in the Silverton community since 1995!

• Sale Type    Owner User
• Sale Condition    Business Value Included
• Property Type    Retail
• Property Subtype    Restaurant Restaurant General Retail Bar General Retail Fast Food General Retail Freestanding Restaurant
• Building Size    3,825
• Building Class    C
• Year Built    1908
• Price    1,445,000
• Price Per SF    378
• Business Value    890,223
• Tenancy    Single
• Building Height    2 Stories
• Building FAR    1.46
• Land Acres    0.06 AC
• Opportunity Zone    Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.