Bar and Restaurant for sale near Downtown Denver does over 1.5 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 one of the best places to live. And what is at the beating heart of it all? Downtown Denver.
This Bar and Restaurant for Sale by We Sell Restaurants is in a prime Uptown location which is culturally rich and diverse. It is within a 3-mile radius of some of the most heavily trafficked and populated areas in the state. Smack dab in the middle of trendy, high-disposable income neighborhoods, there are always customers just walking by. The restaurant has a fully trained staff, operational chef, and management team in place. Cash flow will be well over $100,000 in your pocket as an owner operator. And if you get labor under 30%, your profits will soar!
This bar and restaurant for sale is a restauranteur's dream, with a beautiful build out, fully equipped commercial kitchen, and active permit in hand for an expansion. Included in this sale will be everything you need in the kitchen to bring any concept to life including a 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. Currently, 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 and another component to an already popular local restaurant and bar. The liquor license is transferable with the purchase.
Two years of design, review and permitting have already been approved for a rooftop expansion that is in hand and 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 4,200 square foot space by adding 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!
Lease Term: 2.5 years + (2) 5-year options
Monthly Rent: $10800,
Indoor Seating: 90
Inside Sq. Ft: 4200,
Hood System: Yes
Hours Open: 11AM-10PM weekdays 10AM-10PM weekends
# of Part-Time Employees: 10
# of Full-Time Employees: 10
Net Sales: $1558606.93
Owner Benefit: $138612.63