000 $1.5 Million In Sales Denver, CO 80230
- Retail properties
- 4,500 SF
Current Use by Public Records
- Retail properties
Property Details for 000 $1.5 Million In Sales
- Year built
- 2014
- Property size
- 4,500 SF
- Property type
- Retail properties
- Property subtype
- Restaurants
Description
This thriving Denver Italian restaurant is offered for sale at $399,000. Established in 2014, this 4,500 square foot restaurant boasts impressive annual sales of $1,584,707 and a healthy cash flow of $139,164. The lease, currently at $15,000 per month, extends until September 30, 2029, with options for renewal. The sale includes a fully equipped commercial kitchen featuring multiple ovens (including a convection oven and pizza oven), stoves (six-burner and eight-burner), a Hobart dough mixer, plus additional mixers, a pasta cooker, ice cream machine, espresso/latte machine, ample refrigeration (walk-in cooler and freezer), prep tables, shelving, and all necessary smallwares. The dining area comfortably seats 100 guests with 20 tables and 40 chairs. The restaurant's modern Italian ambiance, large open kitchen, and extensive wine library create a welcoming atmosphere. The menu features Southern Italian fare, including house-made pastas, sausages, gelato, and desserts, along with wood-fired grilled dishes and pizzas. The current owner is retiring, presenting a unique opportunity for a new owner to step in and capitalize on the existing success. The business is an asset sale, with inventory not included in the asking price. Seller financing is not available. The restaurant employs 20 people. This is a turnkey operation ready for immediate ownership.
Value Estimation
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Denver
- County
- Denver
- State
- Colorado
- Longitude
- -104.889
- Latitude
- 39.7183
