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Own a great Thai Restaurant in a Premier Colorado Ski Resort Market

$499,900

Steamboat Springs, CO 80487

Active
Last Updated: 11/05/2026
 
 
Highlights:
  • Facilities & Assets: The restaurant occupies approximately 2,265 square feet of leased commercial space in a downtown Colorado ski resort destination. The facility features a contemporary dining room, an open exhibition kitchen, a dedicated bar area, a front service counter with a point-of-sale system, and seasonal outdoor patio seating. Thai-inspired décor, storefront windows, dining furniture, and a welcoming lounge-style entry contribute to the restaurant's atmosphere. The kitchen includes a stainless-steel exhaust hood, prep areas, shelving, and supporting equipment.
  • Support & Training: The business is offered as a going concern, with existing business assets, customer relationships, and online presence included in the offering, subject to final transaction terms. Additional information regarding staffing, operating procedures, financial records, equipment, lease terms, licenses, and sales channels is available to qualified prospective buyers through the listing broker. Seller-provided transition assistance and training and should be discussed during negotiations. Prospective buyers are encouraged to verify all financial and operational information and confirm the terms of any transition support before completing an acquisition.
  • Market & Competition: Situated in a downtown commercial district within a popular Colorado mountain resort community, the restaurant serves a market supported by both year-round residents and seasonal visitors. The surrounding area attracts guests for winter skiing, summer recreation, hiking, biking, river activities, and other tourism-related experiences. Its established Thai cuisine concept and combination of dine-in, takeout, and online ordering provide multiple ways to serve customers. Sales are seasonal, with approximately 52% of FY2025 sales occurring from December through March. A prospective buyer should evaluate local restaurant competition, customer demand, seasonality, and lease economics as part of due diligence.
  • Growth & Expansion: The business offers several opportunities for a new owner to build on its established operations and annual revenue exceeding $1 million. Potential growth strategies include expanding digital marketing and social media engagement, strengthening customer loyalty and online reviews, and optimizing online ordering and delivery channels. Additional opportunities may include developing catering and group-order services, pursuing private events, enhancing the beverage program subject to licensing, and introducing targeted promotions during slower seasons. Menu engineering, portion control, supplier negotiations, and labor scheduling may also provide opportunities to improve operating efficiency and profitability. These initiatives represent potential opportunities rather than guaranteed results.
  • Reason for Selling: Family Issue
  • All buyers are required to have a minimum down payment of 10% of the purchase price and 10% in operating reserves to ensure sufficient working capital after the acquisition.
Description:

An exciting opportunity to acquire an established Thai restaurant in a vibrant downtown Colorado ski town destination known for year-round tourism, outdoor recreation, and a strong dining culture. This operating restaurant offers an incoming owner the opportunity to step into an established business with an existing customer base, a recognizable dining concept, and multiple avenues for future growth.

The restaurant features a contemporary dining room, an open exhibition kitchen, a full bar area with a liquor license, and seasonal outdoor patio seating. Its service model includes dine-in, takeout, and online ordering, creating multiple ways to serve both local residents and visiting guests. The beverage program includes beer, sake, cocktails and wine, adding another dimension to the dining experience.

Buyer(s) must have a minimum of 10% down and 10% reserve.

Map:
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