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Profitable Ethnic Restaurant for Sale in Great Neighborhood Would Convert to New Concept

This popular, profitable Restaurant for Sale in a great location in Denver currently operates as a Latin American Restaurant concept but would convert to another easily and inexpensively!  

The Restaurant for Sale is located in a great spot in an up-and-coming Denver neighborhood (think Highlands 10 years ago or Wash Park 25 years ago)  The neighborhood is under going a remarkable transformation with hip coffee shops, boutiques and restaurants popping up all over. Located on a busy street with good visibility and has a remarkable amount of foot traffic.  This restaurant has been run 100% absentee profitably for 13 years but really needs an owner / operator to realize it's true money making impact.  It did $233,000 in sales and 2019 and almost that in a COVID racked 2020.  It has sidewalk seating for 8 outside and seats another 20 in an open, well lit, area dinning room.  There is a POS system and a walk-up counter.

The back-of-the-house of this Restaurant for Sale offered by We Sell Restaurants is ready to go and would support most any concept.  It has a hood.  There is an ice machine, tri-sink, vegetable washing sink, freezer, two reach-in coolers, fryer, stove with 4 burners and a griddle, misc. cooking utensils, a microwave, prep tables, an expo station and food storage.  Both the kitchen and the front of the house is small resulting in an extremely attractive lease and very low utilities.

The Restaurant for Sale  would convert quickly and inexpensively to a concept like a taco shop, breakfast place, Asian restaurant, coffee shop, or sub / sandwich restaurant or keep it the same.   With an owner operator the Buyer could expect profits of over $60,000 making this a great deal for a first time operator or a seasoned veteran.  The Colorado Restaurant Brokers do have a lender that would consider anyone with a credit score of 680 or above.  Check out this great opportunity soon as it will not last long!

Please click on the tab below to easily acknowledge confidentiality on this Restaurant 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 Bob Steinberger at (303) 901-4938

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Listing

  • Listing#: 8359
  • Price: $65000
  • Location: Denver

Lease Term: 1 year left and 3 options

Monthly Rent: $2300,

Indoor Seating: 20

Inside Sq. Ft: 800,

Hood System: Yes

Neighboring Businesses: Boutiques, other restaurants but largely a residential neighborhood.

Hours Open: 10:30am - 8pm 7 days

# of Part-Time Employees: 2

# of Full-Time Employees: 3

Net Sales: $224200.00

Owner Benefit: $64384

Features

  • Profitable Latin American Restaurant for Sale
  • Would convert to another concept quickly and inexpensively
  • Great location in great neighborhood
  • Outside sidewalk seating
  • Looking for an owner / operator
  • Profitable and in business for 13 years
  • Financing Available
  • Restaurant for Sale