Massive 5,500 SF Restaurant in Citadel Mall – Perfect for Hot Pot, BBQ
Business Description
Hot Pot Restaurant & Event Venue – Prime Location in Citadel Mall
Incredible Value – Fully Equipped & Turnkey | 5,500 SF | Only $4,917/mo Rent
Unbeatable opportunity to step into a fully built-out, high-visibility restaurant located inside the busy Citadel Mall – one of Colorado Springs' most recognized retail destinations. This second-generation 5,500 SF restaurant comes packed with infrastructure and is priced to sell.
Highlights:
- Low Rent: Only $4,917/month – rare for this size and location
- 24 ft Type I Hood, Walk-In Cooler & Freezer
- Hot Pot Burner Tables, Drink Bar, Event Stage
- Dual Entrances – from both the parking lot and inside the mall food court
- High Signage Visibility plus large front-facing windows
- Turnkey and Fully Equipped – all major infrastructure in place
- Currently operating as a Chinese and Vietnamese concept, the restaurant serves:
- All-You-Can-Eat Hot Pot with customizable soup bases, meats, and sides
- Popular Vietnamese staples like Pho, Fried Rice, and Appetizers
- Specialty drinks and desserts
- Private Event Rentals – the stage and event space are in high demand for birthdays, celebrations, and community events
Location Benefits:
- Inside The Citadel Mall – over 1.1 million square feet of leasable retail space
- Anchored by national retailers and high foot traffic draws
- Approximately 128,000 residents within a 3-mile radius
- $83,000 median household income
- Over 10 million mall visitors annually
- Over 41,000 vehicles per day on Academy Blvd and Platte Ave
- Close to University of Colorado Colorado Springs, Colorado College, and the U.S. Air Force Academy
- Easy access to major roads, public transportation, and Memorial Park
Lease Info:
Current lease ends July 2025, with opportunity for a 5-year renewal.
Confidentiality & Conduct Notice:
Please do not disturb the business, its owners, staff, or customers.
All inquiries and showings must be coordinated directly through the broker.
Buyers may visit as a customer but must not disclose interest or discuss the sale on-site.
An NDA must be signed prior to receiving any financials. All communication regarding the sale must go through the broker.
Incredible Value – Fully Equipped & Turnkey | 5,500 SF | Only $4,917/mo Rent
Unbeatable opportunity to step into a fully built-out, high-visibility restaurant located inside the busy Citadel Mall – one of Colorado Springs' most recognized retail destinations. This second-generation 5,500 SF restaurant comes packed with infrastructure and is priced to sell.
Highlights:
- Low Rent: Only $4,917/month – rare for this size and location
- 24 ft Type I Hood, Walk-In Cooler & Freezer
- Hot Pot Burner Tables, Drink Bar, Event Stage
- Dual Entrances – from both the parking lot and inside the mall food court
- High Signage Visibility plus large front-facing windows
- Turnkey and Fully Equipped – all major infrastructure in place
- Currently operating as a Chinese and Vietnamese concept, the restaurant serves:
- All-You-Can-Eat Hot Pot with customizable soup bases, meats, and sides
- Popular Vietnamese staples like Pho, Fried Rice, and Appetizers
- Specialty drinks and desserts
- Private Event Rentals – the stage and event space are in high demand for birthdays, celebrations, and community events
Location Benefits:
- Inside The Citadel Mall – over 1.1 million square feet of leasable retail space
- Anchored by national retailers and high foot traffic draws
- Approximately 128,000 residents within a 3-mile radius
- $83,000 median household income
- Over 10 million mall visitors annually
- Over 41,000 vehicles per day on Academy Blvd and Platte Ave
- Close to University of Colorado Colorado Springs, Colorado College, and the U.S. Air Force Academy
- Easy access to major roads, public transportation, and Memorial Park
Lease Info:
Current lease ends July 2025, with opportunity for a 5-year renewal.
Confidentiality & Conduct Notice:
Please do not disturb the business, its owners, staff, or customers.
All inquiries and showings must be coordinated directly through the broker.
Buyers may visit as a customer but must not disclose interest or discuss the sale on-site.
An NDA must be signed prior to receiving any financials. All communication regarding the sale must go through the broker.
About the Business
- Years in Operation
- 5
- Employees
- 2
- Facilities & Assets
- Fully equipped 2nd-gen restaurant with 24 ft hood, 3-hole wok, 4-burner stove, 2 double fryers, 3-burner grill, 2 stockpot burners, prep tables, lots of storage, built-in cabinets, shelving, two-door storage room, dishwasher, toppings table with under-counter fridges, office, and backdoor. Includes event stage with 9 TVs and production wiring. Great signage visibility from parking lot plus additional entrance and signage from the food court.
- Market Outlook / Competition
- Hot pot cuisine is relatively underrepresented in Colorado Springs, presenting a strong opportunity to fill the niche. While dedicated establishments are limited, the rising popularity of interactive dining experiences suggests growing demand.
- Opportunities for Growth
- Strong opportunity to expand through marketing, delivery platforms, catering, and private event rentals. Hot pot is an underrepresented and growing dining trend in the area. The large event stage allows for entertainment, themed nights, or live performances to drive foot traffic. With dual entrances and high visibility, there's strong potential to capture both mall visitors and outside traffic. Great upside for an owner-operator to grow brand and revenue.
Real Estate
- Owned or Leased
- Leased
- Building Sq. Ft.
- 5,500
- Rent
- $4,917.00 per month
About the Sale
- Transition Support
- Training and support are negotiable upon request. Seller is willing to provide standard operating procedures, recipes, and transitional assistance.
- Financing Options
- Please have Proof of Funds Readily available.
Listing Info
- ID
- 2366594
- Listing Views
- 548
Business Location
Listing ID: 2366594 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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