
This Denver restaurant and bar for sale has a long successful history. The location has both high traffic counts and is also in a walkable trade area with a great mix of restaurants, bars and local retail. The neighborhood is dense and desirable, but the physical plant is the star with one of the best rooftop patios, quality buildout, good FF&E package and a below market lease. The tavern concept is beer focused with over 65% alcohol sales generating higher margins. The business is profitable, but the owner cannot devote time to the business due to health issues making this an outstanding opportunity for an owner/operator. Capitalize on the long history and over $1.9M in gross sales or convert to your concept as the efficient kitchen is capable of any menu. This Denver bar and restaurant for sale is listed by Shawn Sanborn.
- Location: Denver / Boulder Metro
- Price: 395,000
- Status: Active
- Reference Number: 10215
Facilities
- Square Footage (Building): 2,940 SF plus rooftop patio
- Total Seats: 289
- Seats Bar: 118 (Bar Area)
- Seats Patio: 171
- Grease Trap: y
- Hood: 11’
- Liquor License: H&R
Financials
- Annual Gross Sales: $1,917,000
- Seller's Discretionary Earnings (SDE): 359,000
- Rent: $24.92 PSF NNN (No Base Rent for Patio)