Successful Restaurant And Bar & Grill For Sale With Property Golden, CO 80403
- Retail properties
- 5,980 SF
Current Use by Public Records
- Retail properties
Property Details for 0 Successful Restaurant And Bar & Grill For Sale With Property
- Year built
- 1975
- Property size
- 5,980 SF
- Property type
- Retail properties
- Property subtype
- Restaurants
Description
This exceptional opportunity presents the chance to acquire a highly successful restaurant and bar & grill in Golden, Colorado. The combined property encompasses 5,980 square feet, built in 1975, and features a fully equipped kitchen boasting two hoods, two walk-in coolers, grills, fryers, and a 48-inch griddle with two burners. The indoor seating capacity is 99, complemented by an additional 42 seats on the outdoor patio, offering stunning mountain views. The bar area includes 16 taps and numerous TVs. The property also includes a three-bedroom living space with four total bathrooms and a single-car garage, providing options for owner occupancy or rental income. The current lease expires November 28, 2028, with a monthly rate of $7,000. The business boasts a gross revenue of $1,200,000 and employs 18 people. The sale includes significant equipment, such as two cold tables, an ice machine, and a three-compartment sink. The business has won awards and benefits from a lack of nearby competition, attracting both locals and tourists to its prime location in the foothills of Coal Creek Canyon. The seller is motivated by a career change. This is a rare opportunity to own two established businesses with real estate in a desirable Colorado location. The asking price is $2,200,000.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Golden
- County
- Boulder
- State
- Colorado
- Longitude
- -105.337
- Latitude
- 39.8326
