Denver Restaurant & Bar For Sale - $2 Million Annual Sales Denver, CO 80238
- Retail properties
- 2,908 SF
Current Use by Public Records
- Retail properties
Property Details for 0 Denver Restaurant & Bar For Sale - $2 Million Annual Sales
- Year built
- 2017
- Property size
- 2,908 SF
- Property type
- Retail properties
- Property subtype
- Restaurants
Description
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.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Denver
- County
- Denver
- State
- Colorado
- Longitude
- -104.875
- Latitude
- 39.7781
