Bar and Restaurant for sale near Downtown Denver

Denver, CO
Denver County

Bar and Restaurant for sale near Downtown Denver

Asking Price: Annual Revenue:
$499,000 $1,511,473

Food & Beverage: Restaurants, Fast Food, Deli

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RE: Bar and Restaurant for sale near Downtown Denver Broker: Chris Gordon
License #: FA.100072876

Quick Facts

Asking Price: $499,000
Annual Revenue: $1,511,473
Net Profit: Not Disclosed
Cash Flow: $100,975
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 2014
Employees: 20
BBN Listing #: 90988096
Broker Reference #: 6214

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Business Overview:

Bar and Restaurant for sale near Downtown Denver does over 1.5 million in sales a year! Permit in hand to expand and real estate available!

Own this hot concept bar and restaurant for sale in the greater Downtown Denver Area and be your own boss in the center of Denver. Colorado has been ranked by multiple national news outlets as the state with the #1 economy. That's right, Colorado scores points for because it is #5 in lowest unemployment rate, #6 in job growth, #3 in net migration, #7 in GDP growth, #6 in venture capital, and #4 in business environment among many, many other statistics. And what is at the beating heart of it all? Downtown Denver.

This bar and restaurant for sale is a restauranteur's dream, with a beautiful build out, fully equipped commercial kitchen, and and active permit in hand for expansion. Included in this sale will be everything you need in the kitchen to make anything you want to put on the menu such as grill, flat top, fryers, hood, grease trap, smoker, hot and cold stations, salamander, walk-in refrigerator, walk-in freezer, walk-in beer cooler and much, much more. Right now this restaurant is serving up some of the most incredible twists on bar-b-que you have ever had, putting the south in yo' mouth!

Prime Uptown location is in a culturally rich and diverse area, and within a 3 mile radius you have the most heavily trafficked and populated areas in the state. This puts it in synergy with Denver's hot "restaurant row", smack dab in the middle of trendy, high-disposable income neighborhoods, with 86% of the residents being single with no children. Sales don't slouch either at this location and are over 1.5 million per year with a fully trained and operational chef and management team in place. Cash flow is over $100,000 in your pocket as an owner operator with plenty of room for improvement. Traffic here brings 30,000 cars passing through and thousands of pedestrians walking by every day.

Two years of design, review and permitting have already been approved for a rooftop expansion that is in hand ready for a new owner. This means you can literally almost double the already 4,200 square foot space complete with a rooftop bar, dining area, upstairs restrooms, and service area. This would be an unmatched opportunity as there are no other rooftop bars in the area, and the sellers have already jumped through the hoops for you! Landlord is also ready to sell this beautiful building and lot as well, inquire with broker for more details!

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Property Features and Assets:

FURNITURE: Tables: • 27 Indoor Bamboo Tops • 16 Patio Tables • 2 Custom build picnic tables Chairs: • 80’ of built in booth seating • 46 Indoor latter back metal chairs • 26 Bar Chairs • 57 Patio chairs • 2 High chairs (for children) EQUIPMENT: Refrigeration • Walk in Keg Cooler (30 draft lines) • Walk in food cooler • Walk in freezer/refrigerator (settings for either) • 2 x Large ice machines • 2 x 6’ under counter bar coolers • 3 door full size freezer • 21 flavor ice cream dipping cabinet • 2 x 5’ sandwich top reach in kitchen coolers w/ over shelves • 3’ sandwich top reach in kitchen coolers • Reach in bar freezer • 6’ Deli display case • 2 door reach in fill height glass doors • Red bull cooler Cooking • 30” full height CVAP hot hold • 2 x Giles full sheet pressure smokers • ½ sheet Hobart convection oven • 2 x double basket fryers • 6 burner stove with oven below • 36” flat top grill • 36” salamander • 24” slant grill • 5’ outdoor propane BBQ grill • 3x Heat and hold electric steam wells Small equipment • Robocoup • Vitamix • Commercial vacuum sealer • Hand held stick mixer • Sous Vide Professional • 8 Qt. mixer • Meat slicer • Heat lamps • 3 spindle mixer • 4 x toasters Electronics • Aloha system with 4 terminals and BOH computer • 4 flat screen TV’s • Security camera system with DVR and online viewing and 42” monitor • BOH computer • Color laser printer, B&W Laser Printer • Bus carts Miscellaneous • Full set of bar glass (pint, shot, martini, rocks, etc.) • Plates, bowls, BBQ trays, etc. • Forks, Knives, Spoons • Pot, pans, Lexans, sheet trays, • Catering equipment • Speed Racks • Keg Dollies • 2 x 3 compartment sinks OTHER INCLUDED: Architectural features • Rool up doors to patio • Exposed brick and steel interior • Kio Pond • Custom Booths with welded bottle rack backs • Custom made 30 tap metal draft system • Welded back bar and shelves • Moonshine pot-still water feature • Host stands Intellectual Property • Trade names , business licenses, LLCs, etc. • Active Liquor License • All kitchen and bar recipes • Bookkeeping • How to guide for every step of restaurant and office operations • Check lists and flow charts • Training Rooftop Patio Building Permit • Active Building Permit • Full sets of drawings and PDFs • All inspection, review fees already paid • $13,000 water tap fee already paid • All architectural and engineering completed and approved

Reason for Selling:

New Career.

Additional Details:

  • The property is leased.
  • The owner is willing to train/assist the new owner.
  • This is not a homebased business opportunity.
  • This is not a franchise resale opportunity.

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