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Listing 3624
16th Street Denver Restaurant for Sale Features Incredible Location
16th Street Denver Restaurant for Sale Features Incredible Location

Denver, Colorado restaurant for sale has tremendous location in the hottest part of Denver at excellent rent.  Keep this concept the same or convert. Denver restaurant for sale says opportunity in a big way.  We can't say enough about this location.  This restaurant for sale is right in the midst of 16th Street, Denver’s hub of shopping, dining and entertainment that stretches for 16 blocks in the heart of downtown.  This restaurant rich environment operates an environmentally friendly free shuttle service that stops at every intersection.  You don't have to EVER worry about enough foot traffic in this location as shoppers converge on more than a mile of Denver’s best restaurants and shops.

Decor and cuisine of this Denver restaurant for sale is right on target and features made from scratch cooking and recipes.  Primary menu elements are soups with high margins and low food costs.  New owner can add liquor license and open on Sunday to increase sales by 20% or more. Restaurant is on pace to do $600,000+++ in sales during the first year. Sales are up 20% month over month. The owner is only selling due to family issues that require their attention. 

The kitchen is fully equipped with not one but two hoods, grease trap, walk-in cooler and freezer.  The restaurant can be changed to almost any menu if desired. There is a grill, three deep fryers, a three-compartment sink, and much more. This restaurant is serving up strong sales and good food in the mile high city.  The owner will train you and include all the recipes in the transition.  The space is perfect to keep the same concept but you could cook anything you want from this well equipped kitchen - Italian, Asian, Fast Casual American.

Rent this space that's approximately 2200 square feet with seating for 60. Below market rent at $4029 per month including CAMS.  The 16th Street Mall is conveniently located near many of Denver’s top attractions. The Denver Performing Arts Complex and Colorado Convention Center are just two blocks from the Mall. Coors Field, The Pepsi Center and City Lights Pavilion are only four blocks away.

 

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Listing Details
Price: $220,000
Location: Denver

Property Info
Operations
Finance
Lease Term: exp 1/31/2021
Monthly Rent: $4,029
Indoor Seating: 60
Inside Sq. Ft: 2228
Hood System: Yes
Neighboring Businesses: Many reatail and food service
Hours Open: Mon-Sat 11 am-10 pm closed Sunday
# of Part-Time Employees: 6
# of Full-Time Employees: 6
Current Year Revenues: $600,000
Current Year Month: $
Last Year's Adjusted Net: $
Lease Term: exp 1/31/2021
Owner Financing: Yes
SBA Finance: No
Features
  • Tremendous location in the hottest part of Denver at excellent rent
  • The kitchen is fully equipped with not one but two hoods, grease trap, walk-in cooler and freezer
  • 16th Street Mall is conveniently located near many of Denvers top attractions
  • Rent this space that's approximately 2200 square feet with seating for 60
  • Below market rent at $4029 per month including CAMS.
  • Restaurant is on pace to do $600,000+++ in sales during the first year
  • Owner willing to subsidize cost of obtaining liquor license
  • Food cost less than 30%, rent less than 10% this is a money maker
  • Denver 16 St Asian
restaurants buyers and sellers
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