000 For Owner! Denver, CO 80230
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
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
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No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.