Bar and Restaurant for sale near Downtown Denver

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Asking Price:
$499,000

Gross Revenue:
$1,511,473
Cash Flow:
$100,975
(Seller's Discretionary Earnings)

EBITDA:
 Not Disclosed
Inventory:
 Not Disclosed

FF&E:
 Not Disclosed
included in asking price

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Business Description

Bar and Restaurant for sale near Downtown Denver does over 1.5 million in sales a year! Permit in hand to expand and real estate available!
Own this hot concept bar and restaurant for sale in the greater Downtown Denver Area and be your own boss in the center of Denver. Colorado has been ranked by multiple national news outlets as the state with the #1 economy. That's right, Colorado scores points for because it is #5 in lowest unemployment rate, #6 in job growth, #3 in net migration, #7 in GDP growth, #6 in venture capital, and #4 in business environment among many, many other statistics. And what is at the beating heart of it all? Downtown Denver.
This bar and restaurant for sale is a restauranteur's dream, with a beautiful build out, fully equipped commercial kitchen, and and active permit in hand for expansion. Included in this sale will be everything you need in the kitchen to make anything you want to put on the menu such as grill, flat top, fryers, hood, grease trap, smoker, hot and cold stations, salamander, walk-in refrigerator, walk-in freezer, walk-in beer cooler and much, much more. Right now this restaurant is serving up some of the most incredible twists on bar-b-que you have ever had, putting the south in yo' mouth! Contact We Sell Restaurants today and bring us your offers!
Prime Uptown location is in a culturally rich and diverse area, and within a 3 mile radius you have the most heavily trafficked and populated areas in the state. This puts it in synergy with Denver's hot "restaurant row", smack dab in the middle of trendy, high-disposable income neighborhoods, with 86% of the residents being single with no children. Sales don't slouch either at this location and are over 1.5 million per year with a fully trained and operational chef and management team in place. Cash flow is over $100,000 in your pocket as an owner operator with plenty of room for improvement. Traffic here brings 30,000 cars passing through and thousands of pedestrians walking by every day.
Two years of design, review and permitting have already been approved for a rooftop expansion that is in hand ready for a new owner. This means you can literally almost double the already 4,200 square foot space complete with a rooftop bar, dining area, upstairs restrooms, and service area. This would be an unmatched opportunity as there are no other rooftop bars in the area, and the sellers have already jumped through the hoops for you! Landlord is also ready to sell this beautiful building and lot as well, inquire with broker for more details!

About the Business

Year Established:
2014
Number of Employees:
20
Real Estate:
Leased
Building Sq. Ft.:
4,200
Rent:
$10,794.00 Per Month
Lease Expiration:
5/31/2019
Facilities:
FURNITURE Tables 27 Indoor Bamboo Tops 16 Patio Tables 2 Custom build picnic tables Chairs 80 of built in booth seating 46 Indoor latter back metal chairs 26 Bar Chairs 57 Patio chairs 2 High chairs for children EQUIPMENT Refrigeration Walk in Keg Cooler 30 draft lines Walk in food cooler Walk in freezer refrigerator settings for either 2 x Large ice machines 2 x 6 under counter bar coolers 3 door full size freezer 21 flavor ice cream dipping cabinet 2 x 5 sandwich top reach in kitchen coolers w over shelves 3 sandwich top reach in kitchen coolers Reach in bar freezer 6 Deli display case 2 door reach in fill height glass doors Red bull cooler Cooking 30 full height CVAP hot hold 2 x Giles full sheet pressure smokers sheet Hobart convection oven 2 x double basket fryers 6 burner stove with oven below 36 flat top grill 36 salamander 24 slant grill 5 outdoor propane BBQ grill 3x Heat and hold electric steam wells Small equipment Robocoup Vitamix Commercial vacuum sealer Hand held stick mixer Sous Vide Professional 8 Qt mixer Meat slicer Heat lamps 3 spindle mixer 4 x toasters Electronics Aloha system with 4 terminals and BOH computer 4 flat screen TV s Security camera system with DVR and online viewing and 42 monitor BOH computer Color laser printer B W Laser Printer Bus carts Miscellaneous
Website:
wesellrestaurants.com
Contact the Seller

About the Sale

Reason For Selling:
New Career
Training/Support:
2 weeks

Listing Info

ID:
1578375
Ad Detail Views:
0

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Business Listed by

Chris Gordon

We Sell Restaurants
License# CO SL 100072876

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Sponsoring Broker:

Eric Gagnon
We Sell Restaurants
License# H49152

U.S. Census Data for Adams, Arapahoe, Denver and Jefferson Counties, CO
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Source: Decennial Census (2010), United States Census Bureau.

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

U.S. Community Survey Data for Adams, Arapahoe, Denver and Jefferson Counties, CO
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Education

Source: American Community Survey (2010-2014), United States Census Bureau.

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.


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