TURN-KEY POOLSIDE BAR & RESTAURANT FOR SALE IN DENVER

Contact Seller
Asking Price:
$195,000

Gross Revenue:
$500,000
Cash Flow:
$130,000
(Seller's Discretionary Earnings)

EBITDA:
 Not Disclosed
Inventory:
$12,000
not included in asking price

FF&E:
 Not Disclosed
included in asking price

Share this business:

Business Description

Incredible opportunity to own a turn-key POOLSIDE and lakefront neighborhood Bar & Restaurant with 20,000+ square foot patio area. Yes, that is correct, this is a poolside bar for sale in Denver!

Serving great food and beverage to a built-in established clientele located inside of a resort style gated community in Denver. The bar was just fully renovated from the ground up and has a gorgeous modern rustic Colorado feel. Current owner has operated this profitable restaurant for nearly 10 years on 2 separate occasions.

Exclusive customer base of nearly 4000 people who can walk to the Bar. Easily operates with a small staff, currently only 8 part time employees. Low percentage of sales based rent with a long term lease in place, all Furniture Fixtures & Equipment is brand new and owned by the landlord, landlord also pays utilities, and shares cleaning and marketing expenses and assists in promotion and special events.

Huge growth potential... current owner is rarely onsite to capitalize on special events, catering, delivery, breakfast and lunch, social media and other areas of the business. Hands on ownership and management could take profit figures to a whole new level!

Liquor License is transferable.

Seller willing to provide training and consulting.

Annual Sales: $500,000, Owners Discretionary Earnings: $130,000 plus tip income.

Price: $195,000

A signed non-disclosure agreement will be required for all interested parties and a financial pre-qualification will be needed before releasing confidential and financial details.

About the Business

Location:
Denver, Colorado
Number of Employees:
8
Real Estate:
Leased
Building Sq. Ft.:
2,000
Market Outlook/
Competition:
SUPER FUN BUSINESS TO OWN AND RUN...WHAT I LIKE: Poolside Bar...Build In Customer Clientele...Amenity Driven Concept....Fully Supportive Onsite Management...Turn-Key Operation...Small Staff to Manage...Proven History of Profitability...Poolside Cocktail Staff and Events...Fun Weekly Events
Growth & Expansion:
Catering for Business Meetings, Birthdays, Graduations, Special Events, Poolside Events, Delivery to Residents (all within 1/2 mile), Breakfast and Lunch, Social Media Marketing and Event Planning...the sky is the limit!
Contact the Seller

About the Sale

Reason For Selling:
Owner to Spend Time with Family
Training/Support:
Owner to Provide Full Training & Support

Listing Info

ID:
1664956
Ad Detail Views:
184

Contact the Seller
Please confirm you're not a robot
Contact the Seller
Business Listed by

Brian Haddad

Rivendell RE
License# 54321

 Show Phone Number

View My Active Listings

Similar Listings


Report an Issue 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 & Conditions.