HUNTER Resto-Bar

www.hunterbaraspen.com

Own a venue with great potential and unbeatable location in Aspen

Location

Hunter resto-bar is located at 430 E. Cooper St., in the heart of downtown Aspen. It is two blocks away from the Gondola Plaza of Aspen Mountain and also two blocks away from the Ruby Park bus station. Situated in a very sunny viewpoint corner of the town and surrounded by an extended list of high-end retail stores and hotels such as Prada, Loro Piana, Burberry, Ralph Lauren, Helly Hansen, Hyatt-Grand Aspen, The Little Nell, and Hotel St Regis, etc.

Description

Hunter was successfully opened in November of 2009. It has 3,587 square feet of interior finished floor space plus 784 square feet of lower courtyard space, which was designed to our customers in order to provide chill out & relax spaces, casual lunch/dinner sitting areas, a wide bar sitting space, or a great dancing floor. The perfect layout!.

It comes fully furnished and fully equipped. Includes, sound system, lighting, the patio, viewpoint deck, and mall courtyard in the summer time. Is the best opportunity to own the more potential Resto Bar-Nightclub in Aspen, getting a very favorable long therm and low rate lease.

Price for Business

$320,000

Existing Lease

The initial lease agreement was started in September 2009, and expires in 31 August 2014 (total of 5 years). Tenant has the option to renew the lease for one additional 5 years term.

BASE RENT

$ 8900 per month

$ 106800 per year

$ 24.6 per sq2

CAM CHARGES

In addition to the Base Rent, tenant pays real state property taxes, insurance, and common area maintenance fees, which currently are approximately $2200 per month.

ANNUAL ESCALATION

100% of CPI, min 4% max 7% annually.

Security Deposit & last month's rent.

Buyer is required to replace Seller's security deposit and last month's rent together equal to approximately $35,600.

Listing Broker

Willam Small, JD, CCIM

Frias Commercial Real State

730 East Durant Avenue, Aspen, CO 81611

Tel: (970) 429-2419

Fax: (208) 330-3690

E-mail: bill@friasfriasproperties.com

Hunter Resto-Bar Inventory List

Summary: As per lease, 4371 sq ft in total space

Main bar

-3 point of sales, with touch screens, printer, registers and terminals.

-2 full wells with ice plates, glass storage, and speed rails.

-6 tap keg cooler.

-2 slide tops Beer cooler.

-1 beer cooler double front door.

-2 Soda guns

-3 compartment sink

-1 hand sink

-20 Bar stools

-1 Flat screen TV 32”

-1 Ice Machine + bin

- Full Top Shelf Bar Stock worth $3000 (Optional)

Salon / Dance floor / Patio

-Tile & Bamboo flooring areas

-2 -Flat screen TV 42”

-Hunter Art Collection Gallery ($15000 not included in total price)

-2 VIP stages

-Track lighting

-DJ / Sound system

-10 Wood round tables

-40 Wood w/ couches chair

-8 Wood high top tables

-20 Wood stools

-4 Set of indoor couches (includes tables)

-6 Set of outdoor couches (includes outdoor tables)

-1 outdoor busing station

-View point deck

-32” outdoor stainless steel grill / BBQ (with cover)

-Handicap elevator

-7 wood fences (mall area)

-2 pool tables & 1 Foosball (under lease)

Audio - Video Specifications

-2 QSC speakers self powered
-2 JBL speakers self powered
-2 Yamaha speakers
-2 Bose speakers
-1 Cerwing Vega Sub Woofer
-1 QSC 300w amp
-1 Crown 100w amp
-1 Bose Digital Audio Controller
-1 Mixer Pioneer DJM 800
-1 Mixer Behringer 1202
-2 Martin mx1 scaner (5x1200)
-2 DMX controllable Moving Head Lights
-1 DMX controller
1- Laser
3- Flat Screens Audio/Video Integrated

Kitchen

-Exhaust hood system

-1 6 burners oven

-1 Pizza oven

-1 5000 BTU Fryer

-1 Microwave

-1 Prep table, with cooler.

-1 Vertical cooler with glass door

-Veggie sink

-Hand sink

-Expo station

Dish Washer Area

-Dish washer machine (Under lease)

-Triple sink w/ spray faucet

-Racks shelves

Bathrooms & Coat Check

-Women: 2 sinks, 2 toilets

-Men: 2 Sinks, 2 urinals, 1 toilet

-Handicap: 1 toilet, 1 sink

Storage

-2 Walk in Coolers

-1 Freezer

-3 Wood shelves

-7 Metal shelves

-2 Plastic shelves

-Glassware / china / kitchen supplies approx. $10,000

Office

-Desktop

-Laser printer

-Files cabinet

-Office chair

-Coffee machine

-Safe Box