30 Year Old Mediterranean Neighborhood Restaurant For Sale Boulder, CO 80304
- Retail properties
- 3,000 SF
Current Use by Public Records
- Retail properties
Property Details for 30 Year Old Mediterranean Neighborhood Restaurant For Sale
- Year built
- 1992
- Property size
- 3,000 SF
- Property type
- Retail properties
- Property subtype
- Restaurants
Description
This thriving Mediterranean restaurant in Boulder, Colorado, presents a unique investment opportunity. Established in 1992, this 3,000 square foot restaurant boasts a loyal customer base and a reputation for award-winning cuisine, recently voted "Best Appetizers/Tapas" in 2024. The restaurant features a warm ambiance, indoor seating for 84, and a spacious outdoor patio, perfect for enjoying Colorado's sunshine. The fully equipped kitchen includes a wood-burning pizza oven, 15-foot hood system, ample prep space, and all necessary cooking equipment including a walk-in refrigerator and freezer. Currently operating with limited hours (5 hours daily), this presents significant growth potential by expanding operating hours and enhancing the customer experience. The restaurant generates over $1.4 million in annual gross revenue and enjoys a month-to-month lease with a monthly rent of $7,000. Seller financing is available. The sale includes all equipment, fixtures, and the established business, making this a truly turnkey operation. Located in a vibrant neighborhood with strong competition, the restaurant shares a parking lot with a Lucky's Grocery store and is situated near a Playhouse theater, ensuring high foot traffic. This is an exceptional opportunity for an experienced restaurateur or a budding entrepreneur seeking a profitable and established business with a proven track record of success. The business employs 24 people.
Value Estimation
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Boulder
- County
- Boulder
- State
- Colorado
- Longitude
- -105.284
- Latitude
- 40.0455
