Ethnic Restaurant for Sale in Denver Earns SIX FIGURES for Owner!

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A great hidden gem ready for a new owner to take over.
Asking Price:
$300,000

Gross Revenue:
$772,825
Cash Flow:
$140,179
(Seller's Discretionary Earnings)

EBITDA:
 Not Disclosed
Inventory:
 Not Disclosed

FF&E:
 Not Disclosed
included in asking price

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Business Description

Amazing Ethnic Restaurant for Sale in Denver. A great hidden gem ready for a new owner to take over. Owner currently earns well OVER six figures!

Located in an upscale trendy part of the Denver area, this Restaurant for Sale is one of Denver's best kept secrets! The current owner operator is already putting over $130,000 in the bank every year. This restaurant for sale is E2 Visa qualified, has SBA Lending for qualified buyers, and comes with a Liquor License. You can’t beat that!

Cross streets are located in a very busy part of Denver, Colorado where there are thousands of cars passing by each day, and lots of foot traffic. The build out is beautiful with one of a kind artwork on display for your guests, antiqued brick walls, modern lighting, glass table tops, tiled floors, and more. The bar seats 8 to 10 and really stands out, as it has a modern and sleek look.

Rent is more than reasonable for the area, at $4,700 per month! This restaurant for sale offered by We Sell Restaurants, would be great for a mom and pop shop, a retiree, an entrepreneur, a first-time owner, or anyone starting a new restaurant with their own unique cuisine and concept.

The fully equipped commercial kitchen of this restaurant for sale, is ready to make anything you want. Items that will transfer with the lease include stove, ovens, HUGE hood, warming stations, walk-in coolers, plenty of prep space and more. This is a perfect time to get in at a great price and take this restaurant for sale to the next level!

Easy to operate location is 2,400 square feet, and this restaurant for sale is ideal for a chef or restaurant manager ready to express their own creativity and passion for the business in a new venture. 50 seats and easy to run with a sole proprietor or couple, and one or two other team members. This restaurant for sale is already in a trendy and high-end part of Denver, and the city is being renovated all over. The hospitality industry is going crazy in this market and more businesses are opening every year. Get into this $800 billion-dollar industry and own this restaurant for sale today!

About the Business

Year Established:
1997
Number of Employees:
1 FT 3 PT
Real Estate:
Leased
Building Sq. Ft.:
2,400
Lease Amount/Mo.:
$4,700.00
Facilities:
Blender
Coffee Maker
Air Fryer
Microwave
6-eye burner
Oven
20' Hood
Freezer
Steam Table
Steel wire shelving
44 chairs
12 tables
8 bar stools
Various Pots and Pans
Various cooking utensils
Various eating utensils
Website:
wesellrestaurants.com
Market Outlook/
Competition:
This part of Denver is surounded by offices, studios, art galleries, and innovative businesses with little competition in the restaurant market. This restaurants unique identity sets it apart from all other on this main drag.
Growth & Expansion:
Metro Denver recorded a strong year of growth in 2017 with rising employment levels and falling unemployment rates. Many parts of the city are being renovated and cleaned up.
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About the Sale

Reason For Selling:
health
Training/Support:
2 weeks

Listing Info

ID:
1553609
Ad Detail Views:
240

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Business Listed by

Chris Gordon

We Sell Restaurants
License# CO SL 100072876

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View My 22 Active Listings
Sponsoring Broker:

Eric Gagnon
We Sell Restaurants
License# H49152

U.S. Census Data for Adams, Arapahoe, Denver and Jefferson Counties, CO
Age

Gender

Ethnicity

Source: Decennial Census (2010), United States Census Bureau.

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

U.S. Community Survey Data for Adams, Arapahoe, Denver and Jefferson Counties, CO
Income

Education

Source: American Community Survey (2010-2014), United States Census Bureau.

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.


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