Denver Restaurant & Bar for Sale - $2 Million Annual Sales
Asking Price: | $365,000 |
Gross Revenue: | $1,953,129 |
Established Year: | 2017 |
Cash Flow: | $138,803 |
Rent: | $12,014/Month |
Absentee Operated / General Manager in Place. Popular Fast-Casual Restaurant with Full Bar and Expansive Patio. Buying an Existing Restaurant and Bar for Sale is a fast path to earnings when it produces sales and earnings like this one. Add the fact that it's a franchise, the additional brand recognition and support make it a home run! 2023 Net sales of close to $2 Million produced seller discretionary earnings of $138,000 for this store. Lending available on six figure earnings. The Restaurant Brokers are excited about unique opportunities like this Bar for Sale offering six figure earnings and high sales. With $138,000 in earnings on $2 Million Annual Sales, this business is likely to qualify for SBA lending through our resources, and approval will be in your hands in just a few weeks. You'll only need provide around 20 percent at closing, and the rest will be spread over a ten-year term. Purchasing a franchised Restaurant and Bar for sale from the Restaurant Brokers at We Sell Restaurants offers not only the security and stability of existing cash flow but also proven location, staff, concept, and customer base. The lease on this 2900 square foot Restaurant with a 700 square foot patio for sale is $12000 per month which includes the base rent and CAMS, taxes and insurance. That's only 7% of annual net sales. Royalties are a reasonable 6% plus 2% Marketing Coop. This popular venue seats over 150 inside and out, including a welcoming patio area. The owners are absentee just spending a few hours a week at the Restaurant. There is a General Manager in place.
This established franchised craft casual Restaurant and Bar for Sale is open daily for breakfast, lunch, and dinner serving guests handcrafted hot dogs, burgers, signature sides, breakfast burritos, and a full bar with 24 taps of local craft beers. Located in a highly visible, popular outdoor mall in Denver, the area is rapidly growing with ongoing construction of new offices, businesses, and homes.
The Bar for Sale space is a modern-industrial finish, featuring a 2,900 square foot dining room with nine flat screen TVs and a 700-square-foot front patio separated by stylish garage doors. The patio, with its cozy fire pit, is an ideal spot to enjoy local craft beers, wines, and cocktails.
Ready to own and operate this fast casual Restaurant and Bar for Sale and enjoy the lifestyle that comes with business ownership and a 6-figure income? Contact We Sell Restaurants to draft a purchase agreement today! your restaurant Brokers at We Sell Restaurants will assist with every step of the transaction from beginning until ownership.
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