Chicken Wing Restaurant in Denver Foothills; Profitable!

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Selling the best chicken wings, burgers, sandwiches, gyros and salads in the lan
Asking Price:
$225,000

Gross Revenue:
$470,642
Cash Flow:
$80,738
(Seller's Discretionary Earnings)

EBITDA:
 Not Disclosed
Inventory:
 Not Disclosed

FF&E:
 Not Disclosed
included in asking price

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Business Description

Buy this iconic Chicken Wings and More Restaurant for Sale in the Denver foothills. Just 30 minutes from Denver but work and (maybe??!) live in the mountains. This mom and pop family business has been successful and profitable since it opened in 2000. Selling the best chicken wings, burgers, sandwiches, gyros and salads in the land!

A husband and wife team has invented, innovated and nurtured this concept for the last 20 years. Located right off a busy highway in the Denver foothills, this shopping center end cap restaurant for sale has been serving up its classical menu for 20 years! Serving the best chicken wings and sauces in the area as well as a full menu including beer and wine. The current menu has it all. Not just the best wings in town but also Philly Cheese Steaks, Gyros, Burgers, Dogs and Handmade Breaded Chicken Tenders as well as salads and sides. All served up to a throng of tourists and loyal locals giving raving online reviews and 5-star feedback.

This end-cap restaurant for sale, brought to you by We Sell Restaurants, has good visibility, access, and signage. Last year's sales were over $470,000 with Seller's Discretionary Income of over $80,000! This business has been extremely consistent and profitable since it opened in 2000. The dining room is open and decorated in sports memorabilia and seats 40.

The kitchen is open and efficient with a large hood, grease trap, fryers, flat top, and 2 eyed burners. There is a slicer and keg cooler as well as plenty of hot and cold storage. The restaurant for sale also features an alarm and camera system. There is a leased ice maker and dish machine. A great lease is in place till 2023 at only $2800 per month including water for this 1700 square foot space.

This business should qualify for SBA or conventional financing and some Seller financing could be available to a well-qualified Buyer. This is a great, low-risk deal for a first time operator or a seasoned veteran that incorporates

About the Business

Location:
Jefferson County, Colorado
Year Established:
2000
Number of Employees:
10
Real Estate:
Leased
Building Sq. Ft.:
1,700
Rent:
$2,788.00 Per Month
Lease Expiration:
4/23/2023
Website:
www.wesellrestaurants.com
Market Outlook/
Competition:
Great location on major highway. Only wing joint in town. Great reputation and easy access for to go and pick up.
Growth & Expansion:
Currently does little marketing and advertising. Delivery could increase sales as well as expanding hours of operation.
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About the Sale

Reason For Selling:
Retirement
Training/Support:
10-14 days more TBN

Listing Info

ID:
1629848
Ad Detail Views:
0

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Business Listed by

Bob Steinberger

We Sell Restaurants
License# CO SL 100044255

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Sponsoring Broker:

Eric Gagnon
We Sell Restaurants
License# H49152


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