Steakhouse Restaurant for Sale in Denver, Colorado – Great Cash Flow

This steakhouse restaurant for sale in Denver, Colorado is located in a high- income Denver Metro neighborhood and has strong documented cash flow. With wood finishes and a rustic feel, this steakhouse restaurant for sale has served the community for over 20 years. The spacious bar and lounge area has ample seating, including cozy booths, high-top tables and multiple bar seats. The separate 132 seat dining room is well laid out for patrons seeking a more traditional dining experience. Additional seating is available on the large comfortable patio. The fully equipped kitchen includes a generous storage area, 24-foot hood and large walk-in cooler. This steakhouse restaurant for sale in Denver has a long-term lease currently at only $21.50 per square foot and a transferable Hotel and Restaurant liquor license. 2021 sales should exceed $3,100,000 with over ten percent in Seller’s Earnings. Continued upward annual growth and a well-known presence in the community make this Denver Metro restaurant for sale an excellent cash flowing opportunity. This steakhouse restaurant for sale in Denver, Colorado is listed by Shawn Sanborn.

  • Location: Denver / Boulder Metro
  • Price: $725,000
  • Status: Active
  • Reference Number: 10126

Facilities

  • Square Footage (Building): 6,015
  • Total Seats: 268
    • Seats Dining: 132
    • Seats Bar: 86
    • Seats Patio: 50
  • Grease Trap: y
  • Hood: 24’
  • Liquor License: H&R

Financials

  • Annual Gross Sales: $3,100,000 2021 Est
  • Seller's Discretionary Earnings (SDE): $310,000 +/- 2021 Est.
  • Rent: $21.50 NNN

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