Buy this profitable bar and restaurant for sale with prime real estate located in Denver, Colorado. Building has additional tenants paying you rent while you focus on your business! 20-year lending term! Cap rate of 7.6%?
Buy this exceptional bar and restaurant for sale that has a great location, real estate, and solid additional tenants. Fully leased and stabilized mixed-use asset in Denver, Colorado. Property is SBA eligible with a net operating income of over $150,000 per year. Seller has gone over the top to make this a beautiful property people can enjoy. This is a unique opportunity to invest in one of Denver's most desirable neighborhoods and own a cash flow positive property on day one.
This restaurant for sale location marketed by We Sell Restaurants is in a prime and in a trendy, high-disposable income neighborhood. The higher than average household income of roughly $80,000 per year combined with mostly non married, no children households produces plenty of people who want to get out and mingle. Grow your business in the beating heart of Denver, and one of the most densely populated areas of the state!
The bar and restaurant for sale offered exclusively by the restaurant brokers has a fully equipped commercial kitchen that can do it all! Make anything your heart desires with grill, flat top, fryers, ovens, steam tables, cold line, walk in cooler, hood and grease trap. The front of the house seats over 60 people and the outside patio seats over 40. Parking is ample with over 25 shared spot and street parking. Many of your customers come in on foot as it is a high foot traffic area, with many, many surrounding neighborhoods nearby.
The restaurant for sale is established and has been a bar and restaurant at the same location for over 5 years. The building itself has a legal square footage of over 6,000 square feet, sitting on a corner lot of two major streets, on approximately one third of an acre. The business itself controls 2,600 square feet of the space and is beautifully built out. The additional tenants have a good relationship with the current owner and have established businesses as well. This is win/win with a solid business income stream and a solid income stream from your tenants!
This opportunity to acquire this profitable bar and restaurant for sale with real estate is a must see and is sure not to last. Due to the high confidentiality of this listing, will require verification of proof of funds before any information can be released about the business.
Indoor Seating: 65
Inside Sq. Ft: 2600,
Hood System: Yes
Hours Open: 11am - 12am
# of Part-Time Employees: 10
# of Full-Time Employees: 6
Net Sales: $755886.00
Owner Benefit: $154310