Bar and Restaurant for sale near Downtown Denver
Bar and Restaurant for sale near Downtown Denver does over 1.1 million in sales a year! Owner financing available!Own this hot concept bar and restaurant for sale near Downtown Denver and take this concept to the next level. Colorado has been ranked by multiple national news outlets as the state with the #1 economy. That's right, Colorado scores points for because it is #5 in lowest unemployment rate, #6 in job growth, #3 in net migration, #7 in GDP growth, #6 in venture capital, and #4 in business environment among many, many other statistics. And what is at the beating heart of it all? Downtown Denver.
This bar and restaurant for sale is a restauranteur's dream, with a beautiful build out, fully equipped commercial kitchen, and and active permit in hand for expansion. Included in this sale will be everything you need in the kitchen to make anything you want to put on the menu such as grill, flat top, fryers, hood, grease trap, smoker, hot and cold stations, salamander, walk-in refrigerator, walk-in freezer, walk-in beer cooler and much, much more. Right now this restaurant is serving up some of the most incredible twists on bar-b-que you have ever had, putting the south in yo' mouth among other delicious American progressive cuisine! The brunch business is booming on the weekends as well, adding more sales to restaurant doing over 1 million in sales a year.
Prime Uptown location is in a culturally rich and diverse area, and within a 3 mile radius you have the most heavily trafficked and populated areas in the state. This puts it in synergy with Denver's hot "restaurant row", smack dab in the middle of trendy, high-disposable income neighborhoods, with 86% of the residents being single with no children. Sales don't slouch either at this location and are over 1.5 million per year with a fully trained and operational chef and management team in place. Cash flow is over $100,000 in your pocket as an owner operator, and if you get labor under 30%, you could more than double that number! Traffic here brings 30,000 cars passing through and thousands of pedestrians walking by every day.
Two years of design, review and permitting have already been approved for a rooftop expansion that is in hand ready for a new owner. All water tap fees, engineering, design and permit fees have already been approved and paid! This means you can literally almost double the already 4,200 square foot space complete with a rooftop bar, dining area, upstairs restrooms, and service area. This would be an unmatched opportunity as there are no other rooftop bars in the area, and the sellers have already jumped through the hoops for you! Landlord is also ready to sell this beautiful building and lot as well, inquire with broker for more details!
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- Listing#: 6214
- Price: $349000
- Location: Denver
Lease Term: 5 year + (2) 5-year options
Monthly Rent: $10800,
Indoor Seating: 90
Inside Sq. Ft: 4200,
Hood System: Yes
Hours Open: 11AM-10PM 9AM-12AM
# of Part-Time Employees: 10
# of Full-Time Employees: 10
Net Sales: $1224611.83
Owner Benefit: $100778.99
- Loacation in the heart of Denver
- Over 1.1 million in sales
- Rooftop expansion permit in hand
- One of the fastest growing cities in the USA
- Fully equipped commercial kitchen.
- Amazing menu concept
- Bar and Restaurant for Sale