Price reduced. Motivated seller. This owner-operated Italian restaurant is located in Southwest Metro Denver in a popular mixed-use development of office, medical, specialty retail, grocery and casual, and fast casual restaurants. This popular, well-established restaurant offers upscale Italian fare in a casual setting. Sales have grown consistently over the past three years reaching over $720,000 for 2017. Operating and Seller’s Discretionary Income have increased as well. At just under 2,000 SF, the space is easy to operate and includes a transferable lease that limits tenant expenses. In business since 2005, the owner is looking to retire. Operate “as is” or convert to your own concept. The sale includes all furniture, fixtures and equipment, the Beer and Wine class liquor license, the transferable lease with a three year option, operating name, recipes and training. Contact Mark Thomas at Sanborn and Company.
- Location: Denver / Boulder Metro
- Price: 99,000
- Status: Sold/Leased
- Reference Number: 30139
Facilities
- Square Footage (Building): 1,869
- Total Seats: 80
- Seats Dining: 50
- Seats Patio: 30
- Hood: 6' - 7'
- Liquor License: Beer & Wine
Financials
- Annual Gross Sales: $689,478
- Cash Flow(EBITDA): $17,000
- Rent: $4,750/month
- Established: 2005
