SOLD – Neighborhood Restaurant for Sale near Highlands in Denver

Neighborhood Restaurant for Sale near Highlands in Denver

This is a great opportunity to own a Denver neighborhood restaurant close to northwest Denver’s most popular and featured neighborhood – The Highlands.  This Denver restaurant for sale is strategically located and positioned to benefit from the redevelopment that is underway at the former St. Anthony’s Hospital, bringing new residential vitality, work-live options, and new retail, including an Alamo Drafthouse Cinema.  Easy access from high-traffic commuter routes and ample parking give this popular Denver restaurant for sale an advantage over other typical urban neighborhood locations.  This established, successful restaurant has a full kitchen, sizable bar and patio and is in great condition. Along with the FF&E, transferable long-term lease and liquor license, also included in the sale is the name, recipes, and reasonable training to carry on this cash flowing business. Or, convert the assets to your concept for a fraction of the price of starting new. This neighborhood restaurant for sale located near The Highlands in Denver is listed by Mark Thomas.

  • Location: Denver / Boulder Metro
  • Price: $119,000
  • Status: Sold/Leased
  • Reference Number: 30129

Facilities

  • Square Footage (Building): 2,300 plus shared patio
  • Total Seats: 68 -70 inside, 36 plus patio
    • Seats Dining: 60
    • Seats Bar: 8 - 10
    • Seats Patio: 36 plus
  • Hood: 14'
  • Liquor License: Hotel & Restaurant

Financials

  • Annual Gross Sales: 713,400 (2016)
  • Seller's Discretionary Earnings (SDE): $50,640
  • Terms: Cash or terms acceptable to seller
  • Established: 2013
  • Lease Rate: $23 PSF
  • Net Charges: $10.62 PSF

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