Iconic True Grit Cafe in Ridgway, CO (MD201838651)
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The historic True Grit Café is a turnkey opportunity you can make your own! Located in the heart of Ridgway on the Goldbelt of Hartwell Park. This location is high traffic and well known by locals and tourists alike. True Grit was started in 1986 and has been an iconic restaurant in Southwestern Colorado ever since then. The café pays tribute to the “old west” with art and décor and in fact has been the center of the Old West Fest which has been held every autumn in Ridgway for several years (excluding 2020). This thriving business has a 7% cap rate and there is room for increase. Even with the covid pandemic, the loyal customer base has kept the restaurant profitable and the revised business model has even increased numbers and with less expense. True Grit offers not only dine in and take out but also a $250,000/year catering service. In addition to the restaurant, there is room to increase profits/income by expanding on site to add employee housing – a definite need in the Ridgway area. Purchase price not only includes all inventory, stellar reputation and management systems in place but also a transition/training period to help the proud new owner take over and proceed with ease. If you are ready to live in one of the most beautiful places in Colorado and escape the rat race of the city, this is your opportunity to enjoy life while continuing a long tradition of excellence and history. Are you ready to see your dreams of living and working in Ridgway come true? See this today!
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Neighborhood
Transportation 4 landmarks in the vicinity
Leisure 4 landmarks in the vicinity
Learning 3 landmarks in the vicinity
Community 2 landmarks in the vicinity
Safety 1 landmarks in the vicinity
Tourism 1 landmarks in the vicinity
Medical 1 landmarks in the vicinity
Religious 1 landmarks in the vicinity
Learning
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Transportation
- Parking ~ 0,132 km
- Parking ~ 0,144 km
- Parking ~ 0,401 km
- Parking ~ 0,653 km
Leisure
Ridgway Town Park Park ~ 0,054 km
- Other ~ 0,115 km
- Other ~ 0,386 km
- Other ~ 0,593 km
Learning
Ridgway Community Li... Library ~ 0,100 km
Ridgway Community Li... Library ~ 0,233 km
Ridgway Elementary S... School ~ 0,749 km
Community
Ridgway Post Office Post Office ~ 0,076 km
Ridgway Town Hall Town Hall ~ 0,163 km
Safety
Ridgway Fire Departm... Fire Station ~ 0,190 km
Tourism
Chipeta Sun Lodge Hotel ~ 0,316 km
Medical
Mountain Medical Cen... Hospital ~ 0,486 km
Religious
Ridgway Community Ch... Church ~ 0,237 km
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Ponderosa Real Estate The Source For Real Estate (Real Estate Agent) from United States
About Ponderosa Real Estate The Source For Real Estate
Licensed Agent since 1986. I have been the Broker Owner of Ponderosa Real Estate since 1992. I am one of the top sales agents for this area. I have Residential, Land, Commercial and Farm Ranch experience. Ponderosa Real Estate is the oldest locally owned office in Ouray County. Service areas include counties of Ouray, Montrose, Delta, Gunnison, Mesa, San Miguel, and San Juan.