SOLD – Dense Neighborhood Restaurant and Bar for Sale in Denver, Colorado

Restaurant and bar for sale in Denver. Buy the assets and convert to your concept or continue to operate the established pizza franchise business.  Seller wants to retire after many years of successful operation. The restaurant is in a dense neighborhood location with great community connection in a very walkable area. This 3,900 SF space is fully equipped including a 14 foot exhaust hood with fire suppression and a grease trap. There are no royalties paid on the revenue. The monthly fee is $1,000. Whether sold with or without the franchise rights, included in the sale is all the furniture, fixtures and equipment, the transferrable Hotel/Restaurant liquor license with hard to get Cabaret endorsement and a long-term transferable lease with two, five (5) year options.  This restaurant and bar has a long and successful history!  It’s location is outstanding. Priced at $195,000 plus inventory. Call Mark Thomas for more information.

  • Location: Denver / Boulder Metro
  • Price: $195,000
  • Status: Sold/Leased
  • Reference Number: 30142

Facilities

  • Square Footage (Building): 3,900
  • Total Seats: 100
    • Seats Dining: 70
    • Seats Bar: 18-20
  • Grease Trap: y
  • Hood: 14'
  • Liquor License: Hotel & Restaurant

Financials

  • Annual Gross Sales: $922,733
  • Cash Flow(EBITDA): $60,914
  • Seller's Discretionary Earnings (SDE): $100,914
  • Rent: $21.60 PSF

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