Breakfast and Lunch Restaurant For Sale In Boulder County - Great Spot

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Limited Hours!
Asking Price:
$199,000

Gross Revenue:
$324,407
Cash Flow:
$54,689
(Seller's Discretionary Earnings)

EBITDA:
 Not Disclosed
Inventory:
 Not Disclosed

FF&E:
 Not Disclosed
included in asking price

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Business Description

Award-Winning Breakfast and Lunch Restaurant for Sale In Boulder County, CO - Great Location with Limited Hours Makes This the Perfect Opportunity for Just about Anyone! Won't Last!
This is a great opportunity to own a breakfast and lunch restaurant for sale and still be able to spend your evenings at home with the family! Over the last 2 years, sales have climbed month after month, allowing current owners to pay the bills and take home a paycheck!
Brought to you by We Sell Restaurants, the 1,600 square foot build-out has seating for 50 inside and an outside patio that seats 20. The patio is located at the back of the breakfast and lunch restaurant for sale off the kitchen and to make it more usable for this coming patio season the owners have made modifications with an order window and register set up in that area as well. This will help to increase the sales on a daily business when the weather is nice and to make it even more usable, they hung a shade sail to keep the hot sun off of the guests. After walking into this tastefully decorated space customers order at the counter, off of a large menu board, where they can pick one of the award-winning items or pick their favorite pastry from the display case beside the order counter. The food is then prepared in a commercial kitchen that is outfitted with a 12foot hood, 36inch flat grill, 4 eye gas burners, a double fryer, 2 waffle makers, sandwich prep table, an espresso machine, a walk-in cooler and more.
This Boulder County town of Lafayette has a population of 28,328 and a mean household income of $101,720! Currently, there are 3,400 apartments being constructed just down the road. Right next door to this business includes an ethnic restaurant and a distillery. The distillery doesn't serve food, which means no competition! There are multiple high schools in the area, many dense neighborhoods, and a large church.
This is a great lease currently at $2,900. There are many avenues to expand this business. With this simple model it would be easy to create a chain or franchise, marketing has been limited giving the opportunity to hit the ground with this, the owners have begun doing some catering and this is really an untapped area that they are finding the customers want, and for those that want to be very ambitious you can always extend the hours into dinner.
This breakfast and lunch restaurant for sale has had great reviews and won multiple awards for their food. The owners are willing to provide free training for 2 weeks to the new owner to help them learn all the recipes and uphold the great reputation and rave reviews that will help keep this brunch spot a favorite for years to come.

About the Business

Location:
Lafayette, Colorado
Year Established:
2017
Number of Employees:
7
Real Estate:
Leased
Building Sq. Ft.:
1,610
Rent:
$2,898.00 Per Month
Lease Expiration:
1/31/2020
Facilities:
Schedule A Equipment List Bakery Display Case POS System Menu Board Espresso Machine 2 Group Espresso Grinder Under Counter 1 door Beverage Air Cooler Glass 1 door cooler 2 single Belgium waffle makers 4 slice commercial toaster 48inch Sandwich prep table 2 door 2 Stainless Steel work tables with Shelving above 3 Stainless Steel shelving units 4 Burner Steamtable 21inch Convection Steamer Floor Fryer Commercial Range with 36inch flat grill plus 4 eye burners and 2 ovens Under Counter 2 door cooler 5 Outside Tables with 20 Chairs 16 Inside tables 2 Single side booth seat 2 Double side boot seat 38 chairs Single door sandwich prep table Landlord owned but will be on premises to use 1 walk in Cooler 1 walk in Freezer 12foot hood 3 Compartment Sink Hand sink
Website:
www.wesellrestaurants.com
Market Outlook/
Competition:
Currently building 3 400 apartments down the street Area is constantly growing
Growth & Expansion:
Have done limited marketing to date Just started doing some catering this is an untapped avenue Simple model can be turned into a chain or franchise easily
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About the Sale

Reason For Selling:
New Career
Training/Support:
2 Weeks on Site

Listing Info

ID:
1640760
Ad Detail Views:
0

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Business Listed by

Jeff Marcus

We Sell Restaurants
License# FA100082047

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View My 24 Active Listings
Sponsoring Broker:

Eric Gagnon
We Sell Restaurants
License# H49152


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