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Bar and Restaurant for Sale with over 1.3 million in Sales - Liquor License

This established bar and restaurant for sale is fully furnished and already has a strong local customer base bringing in over 1.3 million dollars in sales.  The liquor license will transfer!  From morning brunch to late night live music, this bar and restaurant has it all!
 
Why build out a restaurant space when you can take over an existing location already bringing in massive revenue for pennies on the dollar.  This turnkey 4,400 square foot Restaurant for Sale has a fully furnished dining room and full-length bar that seats 140 patrons inside.  The outdoor patio allows 40 customers to enjoy the scenic mountain views and enjoy 300 days of Colorado sunshine.  Sports on the flat screen TV's, pool tables, and video games will provide your customers entertainment while enjoying their beverages. The fully equipped kitchen includes a hood with suppression system, steam table, grease trap, walk in cooler, flat top grill, reach in cooler, 6-tap draft beer system, and much, much more.
 
The rent is $6,650 all-in for this prime location, which was only 6% of the sales in 2021.  The lease is good till 2028.  Don’t worry, the trained Certified Restaurant Broker from We Sell Restaurants will help you navigate the transfer of the lease and all other business licenses.  This independent concept means there are no royalties and no franchise fees, putting more money into your pocket! 
 
This restaurant is in Colorado Springs which is constantly rated as one of the best cities to live in the US.  El Paso County saw a 17.4% growth over the last 10 years, adding over 100,000 residents to the market.  Located on a busy main road, traffic counts are high through out the day.  With residential neighborhoods and commercial centers near by, the surrounding area is full of thirsty patrons.    
 
Need lending assistance?  This Restaurant and Bar for Sale can be financed with our lending partners.  If your credit score is 680 or above, contact the restaurant brokers at We Sell Restaurants for an introduction to our teams that can have you approved quickly.  This is a perfect opportunity for an owner operator looking for a turnkey dream. Contact us today!

Please click on the tab below to easily acknowledge confidentiality on this . 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

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Listing

  • Listing#: 8948
  • Price: $239000
  • Location: Colorado Springs

Lease Term: Expires in 7/31/2028

Monthly Rent: $6650,

Indoor Seating: 140

Inside Sq. Ft: 4400,

Hood System: Yes

Neighboring Businesses: Liquor store, hair salon, tailor, spa.

Hours Open: 11am - 10pm Closed on Mondays

# of Part-Time Employees: 19

# of Full-Time Employees: 0

Net Sales: $1325903.00

Owner Benefit: $40736

Features

  • Bar For Sale
  • Turnkey Opportunity
  • Ultra Prime Location
  • Loyal Customer Base
  • Transferable Liquor License
  • Strong Traffic Counts
  • Perfect for Owner Operator
  • Live Music
  • Great Colorado Springs Location
  • Beautiful Patio
  • No Royalties or Marketing Fees
  • Restaurant For Sale