Bar and Restaurant for Sale with Rooftop Patio in Denver, Colorado

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Asking Price:
$295,000

Gross Revenue:
$1,045,530
Cash Flow:
$139,217
(Seller's Discretionary Earnings)

EBITDA:
 Not Disclosed
Inventory:
 Not Disclosed

FF&E:
 Not Disclosed
included in asking price

Real Estate:
 Not Disclosed

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Business Description

This popular bar and restaurant located in Denver, Colorado has a coveted rooftop patio and is on one of central Denver’s busiest commercial streets. This well-known property has over $1 million in sales, is surrounded by high rise apartments, a large daytime population within walking distance, and a very dense young residential population. Late night offers strong foot traffic for this bar and restaurant for sale, with many bars, clubs and entertainment venues in the vicinity. In addition to the comfortable pub setting the bar has great sports viewing with 12 flat panel TV’s and has a well equipped kitchen suitable for any food concept. The Hotel/Restaurant liquor license is capable of transfer and a long term lease in place.

About the Business

Location:
Denver, Colorado
Facilities:
This 4,650 SF bar and restaurant has a large rooftop patio with 50+ seats. There is a well equipped kitchen with a 13’ and an 8’ exhaust hood, so suitable for any menu concept. A long term lease is in place at $25.88 per square foot.
Market Outlook/
Competition:
This is a well-known location on one of central Denver’s busiest commercial streets, surrounded by high rise apartments, bars, clubs and entertainment venues. There is a very dense, young residential population and large daytime population within walking distance. This business has one of very few rooftop patios in the trade area giving it a distinct advantage.
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About the Sale

Training/Support:
Seller will provide training at no additional cost TBD.

Listing Info

ID:
1530333
Ad Detail Views:
0

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Business Listed by

Mark Valente

Sanborn and Company

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Sponsoring Broker:

Shawn Sanborn
Sanborn and Company
License# 1325420


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