000 For Owner! Denver, CO 80230
- Retail properties
- 3,200 SF
Current Use by Public Records
- Retail properties
Property Details for 000 For Owner!
- Year built
- 2007
- Property size
- 3,200 SF
- Property type
- Retail properties
- Property subtype
- Restaurants
Description
This thriving Denver Italian restaurant, established in 2007, presents a remarkable investment opportunity. Boasting 3,200 square feet of space, the restaurant comfortably seats 95 indoors and 24 outdoors, situated in a high-traffic area. The current owner has built a loyal clientele over 17 years, generating impressive net sales of $1.7 million in 2023, with adjusted earnings exceeding $317,000. The restaurant operates with limited hours, offering the new owner the benefit of weekly time off, while also presenting the potential for increased profitability by extending operating hours. The fully equipped kitchen includes a six-burner stove, eight-burner stove, flat-top grill, walk-in cooler, reach-in freezer, and extensive smallwares and equipment. The sale includes all equipment, fixtures, and furnishings. The lease, at $14,000 per month (including CAMs and taxes), extends to September 2029, with options for renewal. The asking price is $850,000. This is an asset sale
Value Estimation
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Denver
- County
- Denver
- State
- Colorado
- Longitude
- -104.889
- Latitude
- 39.7183
