Community Favorite Cafe For Sale With $400K Owner Benefit For Sale Confidential, CO 00000
- Retail properties
- 5,100 SF
Current Use by Public Records
- Retail properties
Property Details for 0 Community Favorite Cafe For Sale With $400K Owner Benefit For Sale
- Year built
- 1983
- Property size
- 5,100 SF
- Property type
- Retail properties
- Property subtype
- Restaurants
Description
This thriving Colorado restaurant, established in 1983, presents a unique investment opportunity. The 5,100-square-foot space boasts impressive financials, with annual gross revenue exceeding $1.8 million and a substantial cash flow of over $437,000. The asking price is $1,200,000, representing a strong return on investment. Currently operating as a breakfast and lunch cafe, the business has significant untapped potential for expansion into dinner service. The lease, expiring September 29, 2029, offers a 5-year term. Monthly rent is $12,500. The restaurant comfortably seats 170 guests, with ample indoor seating. The fully equipped kitchen features extensive commercial equipment, including two walk-in coolers, a walk-in freezer, multiple fryers, griddles, and a charbroiler. The sale includes a full liquor license. The current owner is offering two weeks of support for a smooth transition. This well-established business, located in a growing college town, benefits from a loyal customer base and a prime location. The sale is an asset sale; inventory is not included. The seller is not offering financing. The restaurant employs 19 people. This is a rare opportunity to acquire a profitable, established restaurant with significant growth potential.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Confidential
- County
- Weld
- State
- Colorado