Business Overview:
Well-located in an upscale neighborhood in a beautiful old house, this restaurant has been successful since day one. Revenue grew 12% last year, and continues to achieve strong growth so far this year. Lots of care and attention to decor, menu, the kitchen, personnel, and customer service has given it a solid reputation and keeps customers coming back for more. The owner loves the business, but wants to spend more time with his family. This is a great opportunity for a business person with or without restaurant experience.
For more information regarding this listing please contact us by completing the "Contact the Seller" form to the left. We look forward to hearing from you.
Property Features and Assets:
The restaurant has 3,000 SF including seating, kitchen, dry storage and wine cellar. There is outside seating for up to 15 tables. The second floor is rented out to a stable business. The restaurant has its own private parking lot in addition to street parking. The building was renovated in 2005 and is in excellent condition.
FF&E of $100,000 + Inventory of $10,000 + Real Estate of $1,250,000 is included in the asking price.
Training: Up to two weeks, and more if needed.
Market Competition and Expansion:
The restaurant has a prime location in a heavy pedestrian area within the Denver area. It has a great reputation based on years of good will built through quality customer service and an outstanding menu.
Many ways to grow the business: expanded menu, expanded bar, greater advertising and promotion. Word of mouth is their most effective marketing tool. The current owner spends only 30 hours/week on the business, relying on 2 general managers and a strong staff of chefs.
Reason for Selling:
Has two businesses/needs more time with family.
Additional Details:
- The property is owned.
- The owner is willing to train/assist the new owner.
- This is not a homebased business opportunity.
- This is not a franchise resale opportunity.
Resources: