Currently operating as a fast-casual Currently an Asian concept this Restaurant and Bar for Sale is located in one of the most desirable location in Colorado. Facing Colorado Blvd in an upscale strip center. It could be converted to any concept quickly and inexpensively and comes with a transferable liquor license.
This Restaurant and Bar for Sale in prime location did over $1.1M in sales last year and contributed almost $90,000 is Seller Discretionary Earnings. The current owner is 100% absentee so if Buyer wanted to work as an owner-operator they could easily add another $60,000 to bottom line. In a prime location if features great visibility and signage. It faces Colorado Blvd, one of the busiest streets in the State, not far from Cherry Creek, I-25 and Denver University. It as a fenced-in patio that could seat up to 15 with an additional 68 seats inside. There is a POS system including remote i-pad terminals. There is a sushi bar (or just regular bar) that seats an additional 10. The full hotel and restaurant liquor license if transferable.
The fully equipped commercial kitchen in this Restaurant and Bar for Sale has it all. Including, a 16 foot hood, grease trap, walk-in cooler and freezer, 2-wok station, 6 burner stove, fryer, pasta cooker, rice cooker as well as plenty of hot and cold storage. There are microwaves, ice machine, slicer, meat grinder, a owned dish machine and any other equipment that would support the current concept or any other. Full a complete list of the equipment contact the Restaurant Brokers at We Sell Restaurants
This Restaurant and Bar for Sale has a good lease is in place for 2 more years with a 5-year option. Rent is $14,456 per month (Hey its Colorado Blvd!) The strip center is clean and well maintained having numerous other food concepts all who seem successful.
Very good books are available to qualified Buyers on this Restaurant and Bar for Sale. This business should qualify for an SBA loan however there is an $150,000 outstanding Economic Impact Development loan taken during COVID that this Colorado Certified Restaurant Broker thinks could be assumable under that right circumstances at a very attractive rate, saving a Buyer tens of thousands of dollars in fees and interest.
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 Bar 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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