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Korean Barbecue Restaurant for Sale with over $150,000 Owners Benefit

This Korean Barbecue boasts an owners benefit of over $150,000 on $850,000 in sales in 2021. All of this within limited hours, open only five and a half hours a day, five days a week.  Can you say immediate growth potential?  This beautiful Restaurant for Sale is strategically located on one of the busiest streets in the area, and in the Denver metro area as well.  Established in a neighborhood with the high-density demographics you are looking for, solid traffic and pedestrian counts, and a great quality of business life.  The workhorse, set in this prime location, is surrounded by zip code with a population of 36,710,an average house cost of over $300,000, median age of 40, high mixture of families, and you guessed it, your business can be located right in the center of it all!

Inside this 3,002 square feet restaurant for sale, seating for 84 hungry customers is open and inviting.  The real treat is the private party room, separating the party from the general dining area, and giving a place for a large group to cut it loose.  This excellent location has a rent of only $6,300 including NNN's.  With only a year left on the current lease, you will be excited to know there is a 5-year option that you can exercise and continue under the same lease, or you can negotiate a brand-new lease.  Either way, you should have plenty of time to enjoy the fruits of the current owner’s work.?

We Sell Restaurants presents this opportunity that has established itself from their competitors, developing a solid “something different” menu, and a comfortable dine-in space. The menu features popular, authentic Korean Barbecue cuisine from family style meals to the new and innovative.  The “cook at your table” selections make dining more than a meal, but an event, and the customers that had the foresight to dine-in, gets the opportunity to sip on a drink supplied by the liquor bar, (did I mention that there is a Liquor License for transfer?).

The fully equipped commercial kitchen is ready to provide you with everything you need to hit the ground running, in fact, it is running right now. A commercial-sized exhaust hood equipped with fire suppression, sits above a 4-burner cooktop, next to a 4-burner cooktop, next to a 6-burner cooktop (that’s not a typo-14 burners in all), next to a grill, and finally next to a flattop grill.  The kitchen also has an additional prep table, dishwasher, ice machine, fridge, and freezer, to support that production line.  Adding a little splash of rice stammers, beverage chiller, and meat slicer for good measure rounds out the kitchen.

Whether you are looking to step in with the existing concept or planning to pursue a concept of your own, the annual gross sales in recent years will propel you on your journey in a hurry.  Priced well below the market standard, this opportunity will go fast.  A match made in heaven.

For more information on this Restaurant and Bar for Sale, visit our website www.wesellrestaurants.com, enter listing # 8722, click on “Step One to Ownership” and authorize confidentiality.  After getting your package of information on the listing, contact your Colorado Certified Restaurant Broker, Ron Uphouse, directly at 303-324-3518 or by email ron@wesellrestaurants.com

This is a Certified Pre-Owned Restaurant® the highest standard for restaurant listings. It has been reviewed by a Certified Restaurant Broker® and has verifiable Sellers’ Discretionary Earnings (SDE). It has been listed based on the strictest industry standards and if SBA lending is advertised, the business earnings qualify subject to Lender’s review & approval. The Business Analysis Tool with the latest profit & loss information is available for immediate review by qualified buyers and has been evaluated based on industry guidelines for expense ratios. The equipment in the store transfers free and clear of any liens subject to UCC Lien search by closing agent. If the space is leased, it is available for assignment, extensions, renewal or new agreement for qualified buyers and if the business is a franchise, it meets the criteria for transfer for assignment of the franchise. The acquisition of a Certified Pre-Owned Restaurant® includes the services of a Certified Restaurant Broker® at no cost to the buyer.

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 Ron Uphouse at (303) 324-3518

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#: 8722
  • Price: $199000
  • Location: Aurora

Lease Term: Expire 1/1/2023 + 5 year option

Monthly Rent: $4649.02,

Indoor Seating: 84

Inside Sq. Ft: 3002,

Hood System: Yes

Neighboring Businesses: Department stores, Strip Fast Food, Convience Stores, High density residential, Business Building

Hours Open: 11:30 AM -2:30 PM and 4:30 PM - 8:00 PM Friday Thru Tuesday Closed Wednesday and Thursday

# of Part-Time Employees: 0

# of Full-Time Employees: 8

Net Sales: $850661.00

Owner Benefit: $157218

Features

  • Full liquor license
  • Turn-key opportunity
  • Great location in busy center
  • Opportunity to grow
  • Opportunity to grow
  • Been in business for decades
  • Massive Kitchen and square footage
  • Restaurant for Sale
Korean Barbecue Restaurant for Sale with over $150,000 Owners Benefit

STEP ONE TO

OWNERSHIP

ACKNOWLEDGE
CONFIDENTIALITY

For Additional photos, financial information and equipment list

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