Bar and Grill for Sale Profitable And Well-Established Boulder, CO 80301
- Retail properties
- 1,700 SF
Current Use by Public Records
- Retail properties
Property Details for Bar and Grill for Sale Profitable And Well-Established
- Year built
- 2004
- Property size
- 1,700 SF
- Property type
- Retail properties
- Property subtype
- Restaurants
Description
This profitable Boulder County bar and grill, established for two decades, is offered for sale at $375,000. The 1,700 square foot restaurant, built in 2004, boasts a loyal clientele and a relaxed atmosphere. Currently operating Monday-Friday until 9 PM, significant growth potential exists by expanding hours and days. The low monthly rent of $4,819 is a significant advantage in this thriving area. The business includes a full, transferable liquor license and is ideally situated next to a bustling grocery store plaza, ensuring high visibility and foot traffic. The sale includes all existing equipment, detailed in the inventory list, which includes a full kitchen, bar, and seating for approximately 47 patrons (including outdoor seating). Financial records show a gross revenue of $752,797.32 and a cash flow of $179,157.27. The current owner is selling for personal reasons and will provide one week of support for a smooth transition. The lease has five years remaining, expiring April 29, 2029. This turnkey operation presents a unique opportunity for an experienced restaurateur or a new entrant to the industry seeking a well-established business with substantial upside. Limited competition and the potential for a 30-40% sales increase through expanded hours make this a compelling investment.
Value Estimation
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Boulder
- County
- Boulder
- State
- Colorado
- Longitude
- -105.208
- Latitude
- 40.0406
