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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

0 Profitable Bbq Restaurant & Bar -Under An Hour To Denver & Boulder Black Hawk, CO 80422

2,300 SF Built 2018
Property ID
Property summary
AI-generated overview

This thriving barbecue restaurant and bar, established in 2018, presents a unique investment opportunity. Located in Gilpin County, Colorado, less than an hour from Denver and Boulder, this 2,300 square foot establishment boasts impressive financials. 2023 annual sales reached nearly $700,000, generating owner earnings of $78,000. 2024 year-to-date sales show a 14% increase, projecting owner earnings to exceed $100,000. The restaurant features both indoor and outdoor seating for over 100 patrons, a full bar with a liquor license, and a menu of barbecue favorites alongside other options. The business benefits from an exceptionally low monthly rent of $158 and comes with eight experienced, trained employees. The current owner is offering a minimum of two weeks of training to ensure a smooth transition. The sale includes various assets such as a smoker, POS system, and ATM. Seller financing is available for qualified buyers up to 40% of the asking price of $149,000. The lease has approximately five years remaining. This turnkey operation is priced aggressively, representing less than two times its earnings, making it an exceptional value in a desirable location with strong growth potential. The restaurant's success is further enhanced by its prime location in a community known for its recreational opportunities and proximity to major urban areas.

Property profile
Verified
Property type Retail properties & Spaces
Year built 2018
Total area 2,300 SF
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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