Bar and Restaurant for sale near Downtown Denver

Denver, CO
Denver County


Asking Price: Annual Revenue:
$349,000 $1,224,611

Food & Beverage: Restaurants, Fast Food, Deli


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RE: Bar and Restaurant for sale near Downtown Denver Broker: Chris Gordon

Quick Facts

Asking Price: $349,000
Annual Revenue: $1,224,611
Net Profit: Not Disclosed
Cash Flow: $100,778
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 2014
Employees: 20
BBN Listing #: 85968096
Broker Reference #: 6214

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Business Overview:

Bar and Restaurant for sale near Downtown Denver does over 1.1 million in sales a year! Owner financing available!

Own this hot concept bar and restaurant for sale near Downtown Denver and take this concept to the next level. 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 among other delicious American progressive cuisine! The brunch business is booming on the weekends as well, adding more sales to restaurant doing over 1 million in sales a year.

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, and if you get labor under 30%, you could more than double that number! 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. All water tap fees, engineering, design and permit fees have already been approved and paid! 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:

27 Indoor Bamboo Tops 16 Patio Tables 2 Custom build picnic tables 80 foot of built in booth seating 46 Indoor latter back metal chairs 26 Bar Chairs 57 Patio chairs High chairs 2 Walk in Keg Cooler with 30 draft lines Walk in food cooler Walk in freezer Large ice machines 2 6 foot under counter bar coolers 2 3 door full size freezer 21 flavor ice cream dipping cabinet 5 foot sandwich top reach in kitchen coolers w over shelves 2 3 foot sandwich top reach in kitchen coolers Reach in bar freezer 6 foot Deli display case 2 door reach in fill height glass doors Red bull cooler 30 full height CVAP hot hold Giles full sheet pressure smokers Half sheet Hobart convection oven 2 Double basket fryers 2 6 burner stove with oven below 36 inch flat top grill 36 inch salamander 24 inch slant grill 5 foot outdoor propane BBQ grill Heat and hold electric steam wells 3 Robocoup Vitamix Commercial vacuum sealer Hand held stick mixer Sous Vide Professional 8 Quart mixer Meat slicer Heat lamps Spindle mixer 3 Toasters 4 Aloha system with 4 terminals and BOH computer 4 flat screen TVs Security camera system with DVR and online viewing and 42 inch monitor BOH computer Color laser printer Black and White Laser Printer Bus carts Various glassware Various Plates bowls BBQ trays Various Forks Knives Spoons Various Pots pans Lexans sheet trays Catering equipment Speed Racks Keg Dollies 3 compartment sinks 2 Architectural features Roll up doors to patio Exposed brick and steel interior Koi 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 Rooftop Patio Building Permit

Market Competition and Expansion:

High income and densely populated area with high traffic counts combine for steady customer base. Rooftop permit already in place. Add an entire level to a restaurant already doing over 1.1 million in sales.

Reason for Selling:

Changing Careers.

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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