Denver Metro Steakhouse Restaurant for Sale with Great Cash Flow

Asking Price$995,000

Cash Flow
$421,000
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$4,035,000

InventoryNot Disclosed

FF&ENot Disclosed

Real EstateNot Disclosed

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Denver Metro Steakhouse Restaurant for Sale with Great Cash Flow


Asking Price$995,000

Cash Flow
$421,000
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$4,035,000

InventoryNot Disclosed

FF&ENot Disclosed

Real EstateNot Disclosed

Business Description
This steakhouse restaurant for sale in Denver, Colorado is located in a high income Denver Metro neighborhood and has strong documented cash flow. With wood finishes and a rustic feel, this steakhouse restaurant for sale has served the community for over 25 years. The spacious bar area has ample seating, including cozy booths, high-top tables and multiple bar seats. The separate 132 seat dining room is well laid out for patrons seeking a more traditional dining experience. Additional seating is available on the large comfortable patio. The fully equipped kitchen includes a generous storage area, 24-foot hood and large walk-in cooler. This steakhouse restaurant for sale in Denver has a great lease currently at only $21.50 per square foot and a transferable Hotel and Restaurant liquor license. Continued upward annual growth, a long and successful history and $420,000 in seller's earnings make this Denver Metro restaurant for sale an excellent outstanding opportunity.
About the Business
Facilities & Assets
The 6,015 SF premises has a large bar area (seating 86), dining room (132) and patio (50+). The fully equipped kitchen includes a 24-foot hood.
Website
https://sanbornandcompany.com
Market Outlook / Competition
Located in a high income neighborhood, established and well-known in the community for over 25 years.
Opportunities for Growth
The affluent immediate trade area continues to grow, and catering is in high demand. The large, fully equipped kitchen is capable of supporting a catering program.
About the Sale
Seller Motivation
Retirement
Transition Support
TBD
Listing Info
ID
2379868
Listing Views
656

Contact Seller

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Business Listed by: Sanborn and Company Sanborn and Company

Listing ID: 2379868 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.


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