Denver Restaurant & Bar for Sale - $2 Million Annual Sales

Denver, CO
listing image
Asking Price:$365,000
Gross Revenue:$1,953,129
Established Year:2017
Cash Flow:$138,803
Rent:$12,014/Month
BUSINESS DESCRIPTION

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.
By providing your phone number to We Sell Restaurants, you are agreeing to receive text notifications.


DETAILED INFORMATION
Location
Denver, CO
Inventory
Not Included in asking price
Real Estate
Leased
Building SF
2,908
Lease Expiration
01/01/2028
Employees
22
Facilities
KITCHEN QUANITY Hood 1 POS System 3 Table Steam Table 30.5in 1 Kitchen Shelving Wire Shelving various sizes 17 Kitchen Shelving SS various sizes 5 Pizza Prep Table with double fridge 67in 1 Undercounter Refrigerator 1 Had Sink 2 Char broiler 24in 1 Chef Base stand refrigerator 79in 1 Griddle 24in 1 Range Stove 24in 1 Fryer 3 Wall mounted hand sink 2 3 compartment sink 1 Prep sink 1 Lockers 1 Bag in a box soda system 1 water heaters 3 mop sink 1 walk in cooler one in exterior for beer kegs 2 walk in freezer 1 SS Work Table 4 bathroom hand dryers 2 point of sale printer 3 Water Filter 1 Safe 1 Food Warmer 1 Glycol Power Pack 1 Egg Station 12in 1 DINING ROOM AND BAR QUANITY Wall mounted beer taps 24 taps 1 Bar Splash Guard 1 Underbar 3 Compartment Since 1 Underbar Dump sink 1 Underbar Ice Bin 1 Underbar Refrigerator 3 Underbar Hand Sink 1 Glass Washer 1 Flat Screen TVs 9 Frozen Cocktail Machine 1 Wine Dispenser and Fridge 1 Bar Drip Trays 1 FURNITURE QUANITY 2 top interior table 6 4 top interior table 6 4 top interior picnic bench 8 8 top communal table 1 10 top communal table 2 bar stools 16 Attached table stools 22 Chairs 12 trash bins 4 2 top exterior table 3 2 top exterior picnic bench 5 4 top exterior table 4 4 top picnic bench 5 10ft picnic table 2 10ft picnic bench 3
Competition
Open and operating 5+ years great simple menu appeals to all seats over 150 inside and out
Growth & Expansion
significant ongoing growth in both commercial, office and residential in immediate surrounding area
Support & Training
Yes 2 weeks owner training + training by corporate in California
Reason for Selling
Other
Franchise
This business is an established franchise
Report an Issue with this listing
profile-img
Cyndi
Weinbaum
logo-img
Cyndi Weinbaum