Retro Burger Restaurant for Sale in Denver with Two Locations is Cash Cow!
Deals like this Burger Restaurant for Sale do not come around very often! This two location, old fashion, quick service burger concept for sale in metro Denver offers the right buyer a unique opportunity; it is an extremely well proven and very profitable. Both locations are free standing and located in growing Denver suburbs with great demographics and traffic counts and Denver is exploding with recent stats indicating that 1000 people are moving to the metro area EVERY DAY!. The Burger Restaurant for Sale has been operated and profitable for decades and sales have grown nearly every year with huge growth the last 3 years. Last year’s sales were $2,150,000 for both locations with owners benefit exceeding $360,000!
This retro Burger Restaurant for Sale by the Restaurant Brokers has been serving up fresh, never frozen hamburgers, fries and shakes to raving fans for decades. They cater to a steady stream of loyal clientele and host special events that draw guests from miles around. The theme and decor revolves around classic automobiles and a small, simple menu that offers, huge freshly prepared to order burgers on a proprietary bun, all beef hotdogs, sandwiches, fries, onion rings, shakes malts and floats.
One location is about 3000 sq. ft. and the other is approximately 2500 sq. ft. Both locations seat about 140 inside. The larger store has outdoor seating for an additional 80 plus guests plus other sales driving perks. Both sites of this Burger Restaurant for Sale feature plenty of parking, great visability and great signage. Both have grease traps and large hood systems and fully equipped commercial kitchens and POS systems with BOH station monitors. Rent on the larger location is competitive at $7200/mo. and $4,800/mo. on the smaller one. This puts your occupancy cost at below 7%. The Seller will continue to own the real estate and work with a new buyer on lease details that work for the new owner.
This deal works for an owner / operator or as a safe, profitable investment for someone who does not wish to be involved in day-to-day operations, as both locations have store managers and hands on involvement in operations is not required. If you wanted to run them yourself you could probably add another $60,000 to bottom line. This quick service retro Burger Restaurant for Sale in Denver is profitable, proven and could be expanded and/or franchised. Any vacant quick service footprint could be converted for someone wishing to grow the concept at a relatively low cost and the Sellers will give exclusive rights for Colorado.
Good books are available and this deal should qualify for SBA or conventional financing. In addition, some Seller financing could be available to a qualified Buyer. These Sellers are extremely concerned about confidentiality and have instructed the Broker to not release name, address, pictures and financial information until a prospective Buyer has been pre-qualified. Don't let that stop you though. Please sign the nondisclosure agreement and contact your Certified Colorado Restaurant Broker, Bob Steinberger at 303-901-4938 to get the process started on this rare Burger Restaurant for Sale.
- Listing#: 4936
- Price: $1000000
- Old Fashion Burger Restaurant for Sale in Booming Denver Metro
- Two Locations!
- Sales of $2,150,000 and Owner benefit of over $360,000
- Free Standing - Great Locations with Great Demographics and Traffic Counts
- Works for either Owner / Operator or Investor
- Full time managers in place
- Qualifies for Conventional or SBA Financing
- Concept can be grown or franchised
- Operating and profitable for decades!
- Burger Restaurant for Sale