000 Profitable Restaurant For Sale Colorado Spg, Colorado Springs, CO 80916
This thriving Colorado Springs restaurant is offered for sale at $150,000. Established in 2019, this independent concept boasts a 3,350 square foot space and a lease expiring February 27, 2029. The restaurant has consistently generated strong revenue, averaging $600,000-$700,000 annually over the past five years, with annual profits averaging $80,000-$90,000. The sale includes all existing equipment, recipes, and the business name and concept. The extensive equipment list includes multiple refrigerators, freezers, prep tables, cooking equipment, a POS system, and more. The current owner is retiring, presenting a unique opportunity for a new owner to step into a well-established and profitable business. The restaurant currently employs five people (four full-time, one part-time) and operates with convenient hours. Monthly rent is $4,623.96. The seller is offering two weeks of managerial training and six months of remote technical support. This is an asset sale
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
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Risks
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