Turnkey Restaurant w/ Real Estate in Jefferson County
Business Description
Great Development Opportunity
A well-established, independent BBQ restaurant and full-service catering business located in Lakewood, Colorado, has been operating continuously at the same site for 20 years. It occupies a distinctive standalone farm-style building with approximately 1,110 sq ft of indoor space, plus an additional 600 sq ft dedicated storage facility. A large standout patio supports family dining, group gatherings, and events, complemented by ample parking and convenient proximity to Red Rocks.
The real estate encompasses 0.67 acres and is offered for $1.3M. The property is zoned Mixed Use - Neighborhood - Suburban (M-N-S), allowing a new owner to either continue the existing operation or pursue various alternative uses and developments.
The business operates absentee-style, with the owner contributing roughly 10 hours per week for oversight and catering coordination. Daily operations are managed by a team of three managers and a stable, low-turnover staff, including seasonal student hires refreshed each spring.
Revenue distribution is approximately 65% from counter-service dine-in and take-out, 30% from catering (including online orders, delivery, weddings, and large events), and 5% from currently underutilized liquor sales.
The $1.3M asking price includes the established brand, logo, social media presence, website, proprietary recipes, rubs, smoking techniques, catering systems, key vendor and venue relationships, goodwill, strong reviews, awards, and a recently acquired $120,000 food truck (currently unused).
Opportunities for growth include activating the food truck for events and off-site catering, developing a full bar setup on the patio to increase summer liquor revenue, and expanding winter catering outreach to local businesses, schools, and organizations to help mitigate seasonal dips. Solid distributor partnerships and deep community recognition provide a competitive advantage over national chains.
The real estate encompasses 0.67 acres and is offered for $1.3M. The property is zoned Mixed Use - Neighborhood - Suburban (M-N-S), allowing a new owner to either continue the existing operation or pursue various alternative uses and developments.
The business operates absentee-style, with the owner contributing roughly 10 hours per week for oversight and catering coordination. Daily operations are managed by a team of three managers and a stable, low-turnover staff, including seasonal student hires refreshed each spring.
Revenue distribution is approximately 65% from counter-service dine-in and take-out, 30% from catering (including online orders, delivery, weddings, and large events), and 5% from currently underutilized liquor sales.
The $1.3M asking price includes the established brand, logo, social media presence, website, proprietary recipes, rubs, smoking techniques, catering systems, key vendor and venue relationships, goodwill, strong reviews, awards, and a recently acquired $120,000 food truck (currently unused).
Opportunities for growth include activating the food truck for events and off-site catering, developing a full bar setup on the patio to increase summer liquor revenue, and expanding winter catering outreach to local businesses, schools, and organizations to help mitigate seasonal dips. Solid distributor partnerships and deep community recognition provide a competitive advantage over national chains.
About the Business
- Employees
- 3 Full-time
3 Managers manage the business - Facilities & Assets
- The business operates from an owned standalone restaurant property with indoor service space, dedicated storage, patio seating, and on-site parking. Included in the offering are the operating business, real estate, furniture, fixtures, equipment, branding assets, goodwill, and a food truck with an estimated value of approximately $120,000.
- Market Outlook / Competition
- The business operates in a competitive but stable restaurant segment with multiple revenue channels and an established local reputation. Its long operating history, diversified revenue mix, catering presence, and customer recognition provide meaningful advantages relative to less-established independent operators and larger chain competitors.
- Opportunities for Growth
- Growth opportunities may include activating the included food truck for events and off-site service, expanding catering outreach to businesses and organizations, increasing beverage sales, enhancing digital marketing, and optimizing use of the patio and real estate. The property may also offer long-term flexibility for a buyer seeking alternative operational or development strategies.
Real Estate
- Owned or Leased
- Owned
- Included in asking price
- Building Sq. Ft.
- 1,600
About the Sale
- Seller Motivation
- Seller is pursuing other business interests.
- Transition Support
- Seller will provide reasonable transition support and training to help familiarize the buyer with day-to-day operations, catering procedures, staff structure, vendor relationships, and key operating systems to support a smooth ownership transition.
- Financing Options
- Bank financing for qualified buyers
Listing Info
- ID
- 2466600
- Listing Views
- 202
Listing ID: 2466600 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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