PRICE RECENTLY REDUCED $20,000 / SELLER WANTS TO RETIRE!!
Restaurant for Sale in Littleton, Colorado currently operating as an Italian / Pizza concept but would adapt to any concept quickly and inexpensively. This restaurant has operated successfully and profitably in the same location as a full-service Italian restaurant for 30 years! It is now waiting for a new owner and concept. Keep the same, successful concept, signage, menu, recipes, website etc. or change it to whatever you wish. Either way it comes with a full liquor license!
In an age where it is nearly impossible to do a new restaurant build out due to supply chair and contractor issues, you can have this turn-key location for only $65,000.
This Restaurant for Sale
is located in a very busy strip center off a major intersection that has great visibility, easy access, and plenty of parking. This, and every other restaurant in the center, is profitable and does very well. It would be perfect for pizza
as there is a 4 door pizza oven and large dough mixer included in the deal. The Italian themed decor will stay but it would also quickly and cheaply convert to a Mexican, BBQ, Breakfast and Lunch, sandwich shop, or even a sports bar. However, the landlord will not allow an Asian concept as there is one already present in the development with an exclusive.
The dining room is spotless, bright, and well laid out with very attractive murals on the walls and high ceilings. The dining room at this Restaurant for Sale offered by We Sell Restaurants
is decorated with a New York and Italian flare and seats 52. There is a small bar that seats 8 and attractive wine displays. In the back there is a fully equipped commercial kitchen that has a hood, a 6-eye burner stove, a 4-drawer pizza oven, a walk-in cooler, and plenty of hot and cold storage. Also included is a dishwasher that is owned - not leased!
The current operating hours at this Restaurant for Sale are only 4 nights a week and the place is still doing nearly $5000 per week. A new operator of this Restaurant for Sale could easily double or triple sales and profits simply by maintaining reasonable operating hours and adding delivery.
A good lease is in place for $3700/mo. that includes water and trash removal. If the new owner was going to do pizza and/or Italian the lease restricts any competitive restaurant in the Center. There is a full liquor license in place at this Restaurant for Sale and Seller financing would be considered for a qualified Buyer. In addition the Colorado Restaurant Brokers are working with a new lender who does not need tax returns or P&Ls. If you have a credit score of 680 or above you could possibly get up to 80% of the sales price.
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