SOLD – Profitable Denver Metro Restaurant for Sale with Cheap Rent

This profitable and easy to operate Denver Metro restaurant for sale buzzes with energy as the 32 dining room seats are normally at capacity and the takeout and delivery business thrives. The authentic Greek and Italian menu features all the delicious standards, gyros, souvlaki and spanakopita to name a few. But don’t forget the hand tossed pizzas, calzones, subs, sandwiches, and salads. This profitable Denver Metro restaurant for sale with cheap rent has a 16’ kitchen exhaust hood and is fully equipped with plenty of storage and prep area that can handle expanding catering sales. While this comfortable and beautifully decorated restaurant operates in a fast casual model, it could easily convert to full service. Capitalize on a long history and over $800K in sales or convert to your own concept. 2022 seller’s discretionary earnings were over $90,000 and the business performed well during the pandemic as sales increased in 2020 over 2019 sales. This location is easily accessed and has generous parking with a 16-seat patio. By adding a liquor license, you can increase your sales and profits. Now for the best part – rent is only $2,705.33 per month! This small but very profitable Denver restaurant for sale is listed by Mark Valente.

  • Location: Denver / Boulder Metro
  • Price: 159,000
  • Status: Sold/Leased
  • Reference Number: 20118

Facilities

  • Square Footage (Building): 1,600
  • Total Seats: 48
    • Seats Dining: 32
    • Seats Patio: 16
  • Grease Trap: y
  • Hood: 16’
  • Liquor License: no
  • Year Built: 2014

Financials

  • Annual Gross Sales: $813,090
  • Cash Flow(EBITDA): $6,961.69
  • Seller's Discretionary Earnings (SDE): $90,961.69
  • Rent: $2,705.33/Month
  • Terms: Cash or acceptable to Seller
  • Established: 2014
  • Lease Rate: $20.29/SF

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