Browse Restaurants for sale

Summit Conference & Event Center For Sale in Aurora CO

Huge Event Center for Sale, strategically positioned less than 30 minutes from DTC, Downtown and DIA! 

Celebrating over 20 years in business, the beautiful Summit Conference & Event Center for Sale in Aurora, Colorado is for sale. With over 10k square feet of meeting space, the event center typically hosts over 200 events per year, including weddings, corporate events, trade shows, birthday parties, educational classes, business meetings, fundraisers and more. Built for flexibility, it can accommodate groups of up to 600 people when using the entire space and multiple breakout rooms can be created on the fly with the “air walls.” Seller has already earned his 5-star state certification program for following COVID-19 safety guidelines, and the Occupancy Certificate has been amended with an E for Education.
 
The location offered by We Sell Restaurants is in a busy shopping center, strategically positioned less than 30 minutes away from Denver International Airport, Downtown Denver, and Denver Tech Center. The light rail station is walking distance from the front door, and nearby hotel partners offer discounted shuttle service to and from the event center. Over the years, Summit has hosted high profile clients and offers the best value in town over local hotels. Current owner of this Event Center for Sale has aligned himself with established local restaurants to offer a variety of top-notch catering options for guests that equate to a six-figure revenue stream for the company. In addition to room rental and food and beverage income, the facility also has a complete AV department/equipment in-house that also adds high-margin revenue to the bottom line.
 
The Summit was recently renovated and includes two giant chandeliers from Italy with dimmable lighting throughout, two dance floors, comfortable lobby with leather seating, solid movable walls for flexible room arrangements, six individually controlled temperature zones and a large inventory of tables and chairs, more. The loading area is easily accessible, and the 760 square foot prep kitchen is spacious for plating food for guests. This area could be converted to have catering in-house to expand the business and watch the profits soar. The entire Event Center for Sale Space is 16,420 square feet and the monthly rent including the triple nets is $22,765 per month, which breaks down to $16.63 per square foot!
 
The overhead is low with just 4 employees with food and alcohol catering sourced out. Staff is seasoned and very reliable and will be a great asset to the next owner. Every part of this space has been kept meticulously clean and equipment in great condition.  This Event Center for Sale can be easily run as an absentee owner and is ready to be taken to the next level, so schedule a walkthrough today!
 

Please click on the tab below to easily acknowledge confidentiality on this Event Center for Sale. For many business opportunities, you will immediately receive the name, address, photos, and most recent financials. If you have any questions, please contact Certified Restaurant Broker Chris Gordon at (303) 594-4247

This is an exclusive listing of We Sell Restaurants who is the rightful owner of all intellectual property associated with this website. This may not be duplicated without the express permission of We Sell Restaurants. We Sell Restaurants is a federally registered trademark.

Listing

  • Listing#: 8141
  • Price: $250000
  • Location: Aurora

Lease Term: 10 years

Monthly Rent: $22765,

Indoor Seating: 600

Inside Sq. Ft: 16420,

Hood System: No

Hours Open: Hours vary for events

# of Part-Time Employees: 1

# of Full-Time Employees: 3

Net Sales: $800000.00

Features

  • Located 30 minutes from DTC, Downtown, and DIA
  • Locally owned and operate since 1999
  • Walking distance from the 6th Avenue RTD Light Rail station
  • Parking for up to 700 vehicles
  • Hotel Partners that offer discounts and shuttle service to and from the event center
  • Seasoned and professional staff
  • Up to 6 break out rooms
  • 2,500 square feet of usable lobby space
  • Easy access for people with disabilities and vendors
  • Add catering and expand the profits
  • Cabaret License and Lodging/Entertainment License
  • Event center for sale