Profitable and Established European Restaurant - Low Rent

Colorado Springs, CO
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Asking Price:$250,000
Gross Revenue:$326,914
FF&E:$75,000
Cash Flow:$86,948
Inventory:$6,500
Established Year:1996
BUSINESS DESCRIPTION

Great Front Range Location

This is a rare opportunity to own a well-established, profitable European restaurant in the heart of beautiful Colorado Springs. With 28 years of history, this beloved restaurant has built a loyal customer base and a strong following, becoming a staple in the community. Situated in a highly desirable location, the restaurant enjoys the benefits of Colorado Springs' 300 days of sunshine each year, attracting both locals and visitors who love to soak up the sun on the spacious outdoor patio. The large space and outdoor patio also make it ideal for hosting private events, which have become a popular part of its business model.

The restaurant boasts a low rent of just $2,700 per month for an expansive 2,020 square feet of space, making it an excellent value for the location and size. The property is located in a safe, thriving neighborhood, ensuring a steady stream of foot traffic and a welcoming atmosphere for diners. The interior is in excellent condition, featuring a fully equipped commercial kitchen with a hood system, providing a turnkey operation for the new owner. Currently the business is operating five days a week, serving breakfast and lunch, a perfect opportunity to expand the hours, and expand the profits.

The restaurant operates with a scratch menu and kitchen, offering authentic European cuisine – Polish, Austrian, German, Hungarian – made from fresh, high-quality ingredients. This commitment to quality has earned the business a reputation for excellence and a devoted customer base. The business also holds a transferable liquor license, ready to go for the next owner.

In addition to its strong following and profitable operations, the restaurant comes with a full set of proprietary recipes that will transfer to the new owner, ensuring the continuity of the authentic European flavors that have made it so popular. The restaurant is highly rated, with glowing reviews that reflect its exceptional food and welcoming atmosphere.

With a growing customer base, a favorable lease, and a prime location, this business is positioned for continued success. Whether you're an experienced restaurateur or looking to enter the hospitality industry, this Polish restaurant offers a unique and lucrative opportunity. Don't miss your chance to own this profitable business in the vibrant Colorado Springs community known for its sunny weather and strong local support.
Contact us today to learn more about this listing!


DETAILED INFORMATION
Location
Colorado Springs, CO
Inventory
Not Included in asking price
Employees
4
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
The restaurant features a spacious 2,020 square feet of space, including a large outdoor patio that is perfect for hosting private events, adding to its revenue streams. It is equipped with a fully operational commercial kitchen, a transferable liquor license, and a low monthly rent of $2,700, making it a turnkey opportunity for a new owner.
Competition
The market competition in the area is relatively low when it comes to authentic, homemade European cuisine, giving this restaurant a unique edge. Few local establishments offer the same traditional European dishes made from scratch, allowing this business to stand out and attract a loyal customer base.
Growth & Expansion
Growth and expansion opportunities for the restaurant include extending its operating hours to include dinner service and adding more days of operation, as it currently only opens five days a week. Additionally, the restaurant could further capitalize on its popularity by increasing marketing efforts for private events and utilizing the outdoor patio for seasonal gatherings or special events.
Support & Training
Yes, 2-4 weeks.
Reason for Selling
Relocation
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Amy
Piper
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Amy Piper