Downtown Deli for Sale in Colorado Springs Features Prime Location!!

PRICE RECENTLY REDUCED ON THIS Restaurant and Deli for Sale in the heart of Colorado Springs vibrant, growing, downtown restaurant scene.  Great opportunity in El Paso County Colorado.  

Simply put, this full service, award winning Deli for Sale is in the most sought after location in Colorado Springs.  In the heart of downtown across from the U.S. Olympic Headquarters.  It is one of dozens of busy, high quality restaurants and bars all doing a great business catering to busy downtown professionals, tourists, shoppers and ''foodies''.

Operating profitably for more than 16 years this Deli for Sale by the Restaurant Brokers its' highly trained, friendly staff have been serving up breakfast, lunch and diner [on weekends] for over a decade to a loyal clientele as well as to thousands of visitors who flock to this downtown Deli for Sale. Breakfast items feature scrambles, omelets, egg sandwiches, French toast, pancakes and many specialty items.  Lunch menu features New York style deli sandwiches, soups wraps, salads, burgers and appetizer prepared fresh, in house and served fast.  Many items including pastrami, corned beef, Nova lox and knishes are shipped in directly from New York.  There is also a full liquor license.  The dining room seats about 100 with a great, shaded patio out front that seats another 32.  The Seller will stay on to train or make arrangements for training. 

This restaurant and Deli for Sale in Colorado is currently operated 100% absentee and still generates nearly a six figure return.  An experienced buyer running operations on hand could double that amount nearly overnight.  With sales approaching $1M and plenty of room for growth makes this Restaurant and Deli for Sale a unique and profitable investment. The fully equipped, commercial kitchen has everything you need to run the extensive, current menu or about anything or any changes you wish.  There is a 16 ft. hood system, ovens, stove, flat top, fryers, and plenty of cold and hot holding and storage.  There is also a walk-in cooler and freezer and a large, below ground 1000 gal. grease trap.

There is also a newly installed bakery operation that features professional ovens, a 100 qt. mixer, a bread slicer, and a bagel former and divider.  Most of the baked items sold in the Deli for Sale are baked in house but the facility has the capacity to not only continue to do so but to service and supply other businesses and retail shops.  It offers a great opportunity to increase sales and profits.  Delivery and catering are other opportunities that have been underutilized by current ownership.  They both currently account for less than 5% of the business but other restaurants downtown are killing doing easy catering and delivery jobs with-i walking distance to busy downtown professionals and offices.

Lastly, the city this Deli for Sale is located in is a bonus!  Colorado Springs is a fast growing, front range city of almost a half million people.  It is dominated by tech and military support industries as well as the home of the US Olympic Headquarters and The United States Air Force Academy. Colorado Springs is voted annually as one of the best places to live in the country.

Some Seller financing would be considered for a qualified buyer.

For more information about this exciting Restaurant and Deli for sale, click on one of the boxes below and follow the directions to register and sign a Confidentiality Agreement and call your Certified, Colorado, Restaurant Broker, Bob Steinberger at 303-901-4938.

Listing

  • Listing#: 5063
  • Price: $295,000
  • Location: Colorado Springs
Lease Term: 4 years left plus 5 year option
Monthly Rent: $7,775
Indoor Seating: 100
Inside Sq. Ft: Aprox 4100
Hood System: Yes
Neighboring Businesses: US Olympic Head Quarters, Restaurants, Banks, Offices
Hours Open: Monday - Thursday 6:30am - 6pm Fri & Sat 6:30am - 8pm Sunday 7am - 6pm
# of Part-Time Employees: 12
# of Full-Time Employees: 8
Net Sales: $877,248
Owner Benefit: $84,404

Features

  • Located in vibrant, growing downtown restaurant & retail district
  • Lots of opportunity to increase sales with bakery, catering and delivery
  • Large, shaded outdoor patio on street
  • Sales approaching $1M dollars annually
  • Fully equipped commercial kitchen and commercial bakery
  • Current ownership is absentee - lots of upside for owner / operator
  • Full Liquor License
  • Operated profitably for 16 years!
  • Walk-in cooler and freezer
  • Great reputation for high quality food and great on line reviews
  • Deli for Sale