Denver Area Mexican Restaurant For Sale - $500K Earnings Morrison, CO 80465
- Retail properties
- 2,000 SF
Current Use by Public Records
- Retail properties
Property Details for 0 Denver Area Mexican Restaurant For Sale - $500K Earnings
- Year built
- 1979
- Property size
- 2,000 SF
- Property type
- Retail properties
- Property subtype
- Restaurants
Description
This thriving Mexican restaurant, located in Morrison, Colorado, presents a unique investment opportunity. Boasting over 20 years of operation and a loyal customer base, this well-established business generated over $2.5 million in net sales in 2023, with a seller discretionary earning of $500,000. The 2,000 square foot restaurant features a full-service dining room with seating for over 100 guests, plus an expansive patio accommodating another 100, for a total capacity of 220. The fully equipped kitchen includes a walk-in cooler and freezer, 8-burner range with ovens, tilt skillet, flat-top grill, and more. A comprehensive POS system is in place. The current lease extends to February 28, 2035, with two five-year renewal options. The restaurant is currently absentee-owned and operated, with experienced management already in place. SBA lending is available for qualified buyers. This turnkey operation offers significant growth potential through catering and third-party delivery services. The restaurant's prime location in Jefferson County, just 15 miles from Denver, ensures consistent customer traffic. This is an exceptional opportunity for an experienced restaurateur seeking a profitable, established business with a long-term lease. The current owner is retiring, creating a seamless transition for a new owner to continue the legacy of this beloved local favorite.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Morrison
- County
- Jefferson
- State
- Colorado
- Longitude
- -105.208
- Latitude
- 39.598