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Property profile

0 Denver Restaurant & Bar For Sale - $2 Million Annual Sales Denver, CO 80238

OFF-MARKET
Retail properties & Spaces
2,908 SF Built 2017
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Property summary

AI-generated overview

This thriving franchised restaurant and bar presents a unique investment opportunity in Denver, Colorado. Boasting nearly $2 million in annual sales in 2023, this established business generated $138,000 in seller discretionary earnings. The 2,908 square foot space, built in 2017, includes a 700 square foot patio, seating over 150 guests indoors and out. The modern-industrial design features nine flat-screen TVs and stylish garage doors separating the interior from the inviting patio with a fire pit. The menu includes handcrafted hot dogs, burgers, signature sides, and breakfast burritos, complemented by a full bar with 24 craft beer taps. Located in a high-visibility outdoor mall, the restaurant benefits from a rapidly growing area with ongoing commercial and residential development. The lease, expiring December 31, 2027, is $12,000 per month, inclusive of base rent, CAMs, taxes, and insurance – representing only 7% of annual net sales. Royalties are 6% plus a 2% marketing co-op. The business operates daily for breakfast, lunch, and dinner, and is currently absentee-owned with a general manager in place. Extensive kitchen equipment is included, encompassing a walk-in cooler, freezer, various cooking appliances, and ample seating and bar furnishings. This turnkey operation offers a proven concept, established customer base, and significant potential for continued growth. SBA lending may be available.

Property profile

Verified
Property type Retail properties & Spaces
Year built 2017
Total area 2,908 SF

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

Denver Restaurant & Bar For Sale - $2 Million Annual Sales Denver, CO 80238
Denver metro
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Value estimations

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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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