Capitol Creek Brewery OM by Slifer Smith & Frampton Real Estate

CAPITOL CREEK BREWERY

Willits Town Center | Basalt | Colorado

COMMERCIAL SALES + LEASING + DEVELOPMENT + ENTREPRENEURIAL EXPANSION SSFcommercial.com

CAPITOL CREEK BREWERY

371 Market Street, Willits Town Center | Basalt | Colorado

BUSINESS OPPORTUNITY | Lease/Asset Sale | $625,000 BUILDING/REAL ESTATE | Real Property could be part of this through a separate negotiation with current landlord.

We are pleased to present the Capitol Creek Brewery for your consideration. If you have ever owned, or been involved with the building of a restaurant, you will immediately be impressed by the functionality and attention to detail in the Capitol Creek Brewery. This kind of thought and precision only comes from the collaboration of an experienced owner, and the professional expertise of a sophisticated restaurant design group. This is not a retro fit or a re-model! This space was designed and built with consideration of both aesthetics and utility from the ground up, and it shows! Hand finished reclaimed wood throughout the space, including all tables and the bar top, helps the owner tell the story and the passion behind the restaurant. Go ahead, just ask… The customer is given an immediate impression of craftsmanship and attention to detail that you do not get at just any restaurant. Professional restaurant design touches are apparent when you notice the sensitivity put into the acoustics of the space. With a lofty, open feel. The designers made acoustic modifications for a lively space, without killing the conversation. Everything has its place. The flow of a restaurant designed for volume is apparent. Service from the bar and the kitchen is seamless. The entire dining room can be scanned from anywhere in the restaurant. Customers are never hidden or forgotten. Opening up the garage doors on all street facing sides of the restaurant lets the Colorado Mountain Air sweep across your substantial “beer garden” style patios, as well as giving you a panoramic view of the whole dining room. With a corner location, your patios could not be more desirable. This is your chance. The bones are here, all that is needed is the skill and drive to make this location explode. This is the opportunity for which you have been waiting!

CAPITOL CREEK BREWERY

371 Market Street, Willits Town Center | Basalt | Colorado

BUSINESS OPPORTUNITY | $625,00 | Highlights

•

90+ seat dining area

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90+ seats on the patio

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Full 20-seat bar

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Transferable liquor license

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Full kitchen

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Ample parking

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High traffic location

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7-barrel production brewery

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Established customers

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End unit

CAPITOL CREEK BREWERY

371 Market Street, Willits Town Center | Basalt | Colorado

FINANCIAL SUMMARY | Sellers discretionary earnings [SDE]

Year

Total Sales

COG

COG %

Gross Profits

Gross Profit %

Payroll Less Owner

Payroll %

SDE

SDE %

2017

$1,134,550

$403,388

36%

$731,162

64%

$ 479,620.60

42%

$35,721

2018

$1,604,758

$386,993

24%

$1,217,765

76%

$ 678,430.06

42%

$158,596

10%

2019

$1,609,199

$430,168

27%

$1,179,031

73%

$ 700,998.65

44%

$121,282

SDE or ownerâ&#x20AC;&#x2122;s cash flow statement presents the full earning power of the business after adding back in one-time, non-recurring purchases and discretionary expenses shown on your income statement but not essential to business operations. *Information is deemed to be reliable but is not guaranteed. **Full Financials are available upon execution of a Non-Disclosure Agreement

CAPITOL CREEK BREWERY

371 Market Street, Willits Town Center | Basalt | Colorado

WELCOME TO WILLITS Located in scenic Basalt, Colorado, Willits Town Center is a mixed-use development that includes 322,000 square feet of approved commercial space and 337 residential units. Located just minutes from world-class ski resorts, miles of hiking and biking trails, alpine camping, world-renowned fly fishing and much more. Willits oďŹ&#x20AC;ers something for everyone. Built around a central town square with plenty of green space, Willits is the only sustainable, mixed-use community in the Roaring Fork Valley. The project is anchored by Whole Foods Market and Element Hotel by Westin and is home to popular, urban-chic retailers including Starbucks, Capitol Creek Brewery, Four Dogs Wine and Spirits, Mezzaluna, Aveda Salon Terra, Midland Clothing Company, Bristlecone Mountain Sports, Sure Thing Burger and more...

CAPITOL CREEK BREWERY

371 Market Street, Willits Town Center | Basalt | Colorado

WILLITS TOWN CENTER | DEMOGRAPICS WTC TRADE AREA SHOPPER PROFILE • •

Number of households Average household Income

$91,842 $126,689

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Average age

44 years

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Female

66%

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Male

34%

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71% of the trade area’s population are “brand shoppers,” defined as consumers who buy well - known brands because they provide the best quality for the price

PRIMARY TRADE AREA SECONDARY TRADE AREA DENVER

*Source: Alexander Babbage 2013 Shopper Intercept Study

WTC SITE INFORMATION •

Mixed use development • •

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Retail opportunities include: •

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322,000 SF Commercial 300,000 SF Residential Apparel, boutique & small format fitness, entertainment, fullservice restaurants, furniture retailers, home furnishings and supplies, pet store, pharmacy and other retail

Office opportunities include: •

Accounting, health, legal, medical, specialty and other professionals

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1500 parking spaces

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Underground residential and retail parking

CAPITOL CREEK BREWERY

371 Market Street, Willits Town Center | Basalt | Colorado

Currently under construction: 340 dwelling units and new hotel

CAPITOL CREEK BREWERY

371 Market Street, Willits Town Center | Basalt | Colorado

CAPITOL CREEK BREWERY

371 Market Street, Willits Town Center | Basalt | Colorado

CAPITOL CREEK BREWERY

371 Market Street, Willits Town Center | Basalt | Colorado

CAPITOL CREEK BREWERY

371 Market Street, Willits Town Center | Basalt | Colorado

CAPITOL CREEK BREWERY

371 Market Street, Willits Town Center | Basalt | Colorado

CAPITOL CREEK BREWERY

371 Market Street, Willits Town Center | Basalt | Colorado

CAPITOL CREEK BREWERY

371 Market Street, Willits Town Center | Basalt | Colorado

CAPITOL CREEK BREWERY

371 Market Street, Willits Town Center | Basalt | Colorado

Links http://capitolcreekbrewery.com/ http://discoverwillits.com/ https://www.tacaw.org/ https://crownmtn.org/

CAPITOL CREEK BREWERY

371 Market Street, Willits Town Center | Basalt | Colorado

THANK YOU FOR EXPLORING CAPITOL CREEK BREWERY. If you have any questions or would like to set up a showing, please contact us.

Mike Mercatoris mobile 970.618.7092 mmercatoris@sliferrfv.com SSFcommercial.com

Bob Langley mobile 970.948.0001 rlangley@sliferrfv.com SSFcommercial.com