Bar for Sale in Denver with forty seat patio

Denver, CO
Denver County

Asking Price: Annual Revenue:
$163,999 $836,000

Food & Beverage: Restaurants, Fast Food, Deli

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RE: Bar for Sale in Denver with forty seat patio Broker: John Jordan

Quick Facts

Asking Price: $163,999
Annual Revenue: $836,000
Net Profit: Not Disclosed
Cash Flow: $83,784
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 1990
Employees: 16
BBN Listing #: 56468096
Broker Reference #: 7354

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Business Overview:

This Denver bar for sale by the restaurant brokers features an amazing location with a large patio that features incredible views of the Denver skyline. With sales tracking at right around $1,100,000 and the owner mostly absentee there is big time room for continued growth with a hands on owner. With actual bottom line of $83000 for the 9 1/2 months of 2019 February 15th- November 30th, a hands on owner could increase this to over $100k easily. We will have full year numbers posted soon. Located on a very busy north/south street, this restaurant and bar for sale sits on a hill in North Denver overlooking downtown. The 7000 square foot facility features great visibility, access, signage and parking. The facility is spacious and very well maintained. It seats almost 200 in the dining room and easily accommodates large parties and groups in both booth and table seating, another 30 or so in the separate bar area and has a full length, beautiful patio that seats over 40 with some of the best views in Denver. The fully equipped commercial kitchen at this bar for sale with restaurant is huge and well equipped. Walk-in cooler and freezer as well as a dedicated beer walk-in with a glycol system that delivers ice cold been to the many taps in the bar area. The hood system is one of the largest we've seen with plenty of room for the 2 fryers, 2 large flat tops, large char broiler, 10 burner stove with oven as well as plenty of hot and cold storage. This kitchen is very large and would support any concept or menu. We Sell Restaurants is offering this opportunity that also has an extensive camera system as the current bar for sale and grill operation is currently run absentee at times. The true gem of this bar for sale is the outdoor patio. It runs the length of the building and overlooks downtown Denver with seating over forty. At night the lights of downtown shimmer and create a second to none ambiance. All the drinking and dining areas have large windows that allow those seated indoors to enjoy the views. This restaurant and bar for sale has been serving up great drinks, food, and entertainment for over 15 years. The current owner wants to focus on his other business and is looking for someone to carry on the tradition that has been established over the years.

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Property Features and Assets:

Equipment List Dining Room Aprox 80 chairs 1-4 top tables 4-6 top tables 16-4 top booths 1-8 top booth 5 lrg flat screen TVs Menu board 2 benches Host stand Display case 7 hi chairs SS hand sink SS shelving Bar 5-2 top tables 4-4 tops 24 bar stools 12 bar stools @ bar 6 flat screen TVs 2-3 door glass door coolers drop in beer cooler 4 comp sink ice well Patio 6 round 4 tops 5-2 tops 31 chairs 8 round hi top fours 3-2 top hi tops 20 bar stools BOH Walk-n beer cooler Walk-in cooler Walk-in freeezer 2 SS hand sinks bus cart ice well with SS shelving Hot wells Conveyor toaster microwave glass door reach-in fridge 25' hood 2 fryers 2 flat tops lrg grill 10 burner stove w/ oven 2 sm sandwich prep coolers 2 door reach-in cooler 5 station hot well 2 microwaves small cooler stand up freezer Veg prep sink slicer Ss hand snk Microwave 2 SS prep tables Mixer tri sinks SS hand sink 2 bread racks on wheels Camera system Printer computer file cabinet safe Alarm system The following equipment is leased: Ice machine Dishwasher

Market Competition and Expansion:

One of the best patios overlooking the Skyline. Growing area as Colorado real estate has been on fire.

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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