Asking Price: $295,000 Gross Revenue: $1,045,530Cash Flow: $139,217 (Seller's Discretionary Earnings) EBITDA: Not DisclosedInventory: Not Disclosed FF&E: Not Disclosed included in asking priceReal Estate: Not Disclosed Share this business:
Explanation of Financial Terms
The total asking price of the business for sale.
All income the business received before any cost-of-sales or expenses have been deducted.
Arrived at by "starting with your net (before tax) profit. Then, add back in any payments made to the owner, interest and any depreciation of assets." For example, if the net profit before taxes was $100,000 and the owner was paid $70,000 then the cash flow is $170,000.
Earnings Before Interest, Taxes, Depreciation and Amortization.
The value of the merchandise, raw materials, and finished and unfinished products which have not yet been sold. If there is no inventory price listed then the seller did not provide it.
Furniture, fixtures and equipment that will remain with the business, such as desks, office cubicles, decor elements of a restaurant or showroom, computers and office machines, pots and pans, dishes, display cases, manufacturing equipment, etc., depending on the type of business.
The value of property owned by the business. May be included in the asking price or offered separately. If no real estate value is listed, it was not provided by the seller.
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
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.
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.
Bar and Restaurant for Sale with Rooftop Patio in Denver, Colorado
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