Profitable Restaurant For Sale. Prime Location. Full Liquor License. Greeley, CO 80634
- Retail properties
- 5,355 SF
Current Use by Public Records
- Retail properties
Property Details for 0 Profitable Restaurant For Sale. Prime Location. Full Liquor License.
- Year built
- 2001
- Property size
- 5,355 SF
- Property type
- Retail properties
- Property subtype
- Restaurants
Description
This thriving Mexican restaurant in Greeley, Colorado, presents a remarkable opportunity for a new owner. Established in 2001, this 5,355 square foot restaurant boasts a prime location within a vibrant plaza anchored by a national grocery store and surrounded by other bustling businesses, ensuring high foot traffic. The restaurant comfortably seats 169 guests indoors and an additional 70 on a serene patio overlooking a tranquil park setting, ideal for outdoor dining. A full liquor license significantly enhances the dining experience and contributes to the restaurant's profitability. The fully equipped commercial kitchen includes a hood and grease trap, along with all necessary equipment for immediate operation. The sale includes existing recipes and the current owner is willing to negotiate support during the transition. The restaurant currently generates $340,000 in gross revenue and employs 22 people. The lease is month-to-month, expiring December 31, 2023, at a rate of $10,354 per month. Inventory is not included in the asking price of $270,000, and seller financing is not available. The current owner is retiring, making this a turnkey operation ready for a new chapter. The restaurant's established customer base, excellent location, and efficient operation make it an attractive investment for those seeking a profitable venture in the vibrant Greeley restaurant scene. The sale includes a comprehensive inventory of equipment, including a fryer, griddle, char broiler, convection oven, multiple refrigerators and freezers, a full bar with dishwasher, a POS system, a three-draft beer system, five TVs, tables, chairs, and patio furniture.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Greeley
- County
- Weld
- State
- Colorado
- Longitude
- -104.787
- Latitude
- 40.3963
