Casual Italian Restaurant Chain for Sale in Front Range, Colorado

Denver, CO
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Asking Price:$1,499,000
Gross Revenue:$4,896,616
Established Year:2020
Cash Flow:$510,990
Rent:$18,784/Month
BUSINESS DESCRIPTION

One-of-a-kind opportunity to buy a 3 unit, casual Italian Restaurants for Sale located in and around Denver Colorado! This exciting concept has sales of almost $5M between the three locations and brings over $500,000 in earnings to the owners.
Everything comes with the purchase of these Italian Restaurants for Sale. The new owners will get training, the name, receipes and inherit a loyal and competent staff in each locationwith an acting manager in place. The concept is relatively new, the first location opening only 3 years ago. It has been growing and thriving ever since. It could be expanded with both additional sale effforts and opening new locations.
The three locations do $3,000,000, $1,013,000 and $879,000 respectivly with the last only being open for a partial year. All of these Italian Restaurants for Sale locations have the same name, menu and operating systems. The concept is well thought out and ready to expand. Very loyal customers frequent and they have over a 4-star rating on online reviews. All locations have full liquor licenses. The restaurants are located in seperate marketing areas but close enough to reach all locations in a half day. Contact We Sell Restaurants today for the full package of information on this profitable multi-unit deal.
Cost are very attractive with this concept with food cost being under 30% even in these times of high grocery costs and inflation and occupancy costs are sub 5% without a bad lease in the system. Each location has a hood, grease trap and adequate hot and cold storage to expand the menu to nearly anything. All have camera systems. In addition, each of these Italian Restaurants for Sale has a very attractive outdoor patio. In Colorado they can generally be used for 8 months out of the year.
We Sell Restaurants have SBA Brokers standing by to lend into this deal. If you are interested in these Italian Restaurants for Sale opportunity, please sign the online Confidentiality Agreement and send $250,000 in proof of liquid funds to the broker. No information will be released prior to that.
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DETAILED INFORMATION
Location
Denver, CO
Inventory
Not Included in asking price
Real Estate
Leased
Building SF
9,507
Lease Expiration
31/12/2030
Employees
58
Facilities
Available on request
Competition
Great reputation and loyal customer base.
Growth & Expansion
Proven concept that can be expanded in large markets or small.
Support & Training
2 weeks
Reason for Selling
Relocation
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Bob
Steinberger
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Bob Steinberger