Turnkey Latin Restaurant for Sale in Prime Colorado Springs Location

Colorado Springs, CO

Seller Financing Available

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Asking Price:$150,000
Established Year:2020
BUSINESS DESCRIPTION

Overview
This is an opportunity to own a well-established Latin restaurant in the heart of Colorado Springs. Rumba Latin Cuisine, located at a high-traffic intersection, offers a diverse menu featuring flavors from across Latin America. This beloved local gem is ready for a new owner to take the reins and continue its success.

Key Features

4 Years in Business: Established in the community with a loyal customer base and a strong reputation.
Prime Location: Situated at the intersection of Academy Blvd & Flintridge Drive, ensuring high visibility and consistent foot traffic.
Spacious Interior: Approximately 2,577 sq. ft. with a seating capacity of 65. Includes a fully equipped dining area, bar seating, and a beautiful outdoor patio with mountain views.
Fully Equipped Kitchen: Top-of-the-line equipment, including a walk-in refrigerator, freezers, prep areas, cooktop, griddle, fryers, two ice machines, and more. All kitchen assets are included in the sale, allowing for a seamless transition.
Transferrable Liquor License: Includes a transferrable liquor license, allowing for immediate bar operations and potential to expand into happy hours or events.
Turnkey Operation: The restaurant is fully set up and ready to operate from day one. Perfect for both seasoned restaurateurs and first-time owners.

Financial & Lease Information

Lease: Current lease is $4,700 per month, with terms secured through July 31, 2025. The lease is eligible for renewal, offering stability for new ownership.

Reason for Sale: The current owner needs to refocus on other food service contracts, providing a fantastic opportunity for someone to step in and take over a thriving business.

Unique Selling Points

One-of-a-Kind Latin Cuisine Experience: A standout concept in the Colorado Springs market, offering a mix of Latin cuisines that appeal to a diverse clientele.
Outdoor Patio with Mountain Views: An inviting outdoor space perfect for summer dining and events, enhancing the overall guest experience.
High-Traffic Area: Located off Academy Blvd, one of the busiest streets in Colorado Springs, ensuring a steady flow of customers.

Growth Potential

Expand hours of operation to include breakfast or late-night service.
Increase marketing efforts to capture more of the local market and tourists.
Potential to add delivery services or catering to tap into new revenue streams.
This is a fantastic opportunity to own a turnkey restaurant in a prime location with everything in place for continued success. Don't miss your chance to take over this profitable, well-loved business.


DETAILED INFORMATION
Location
Colorado Springs, CO
Inventory
Not Included in asking price
Employees
3
Facilities
Prime Location: Situated at the bustling intersection of Academy Blvd & Flintridge Drive, ensuring high visibility and consistent foot traffic. Spacious Interior: Approximately 2,577 sq. ft. with a seating capacity of 65. Includes a fully equipped dining area, bar seating, and a beautiful outdoor patio with mountain views. Fully Equipped Kitchen: Top-of-the-line equipment, including a walk-in refrigerator, freezers, prep areas, cooktop, griddle, fryers, two ice machines, and more. All kitchen assets are included in the sale, allowing for a seamless trans
Growth & Expansion
- Expand hours of operation to include breakfast or late-night service. - Increase marketing efforts to capture more of the local market and tourists. - Potential to add delivery services or catering to tap into new revenue streams.
Reason for Selling
The current owner needs to focus on other food service contracts

BUSINESS LOCATION
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Steve
Prewitt
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Steve Prewitt