Award Winning Upscale Bistro Restaurant for Sale

Denver, CO
Denver County

Asking Price: Annual Revenue:
$649,000 $1,031,486

Food & Beverage: Restaurants, Fast Food, Deli

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RE: Award Winning Upscale Bistro Restaurant for Sale Broker: Bob Steinberger

Quick Facts

Asking Price: $649,000
Annual Revenue: $1,031,486
Net Profit: Not Disclosed
Cash Flow: $309,802
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 2011
Employees: 15
BBN Listing #: 40118096
Broker Reference #: 9070

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Business Overview:

Are you a gifted Chef? An experienced Restaurateur? Look no further the award winning, upscale Bistro Restaurant for Sale located in the prestigious Cherry Creek neighborhood in Denver is the deal for you! This upscale bistro for sale has won some of the most coveted awards in the Nation over the last few years and is looking for a new owner to keep the reputation going and bring it to even new heights.

Currently doing $1M in sales and netting the owner over $309,000 in cash flow. This 5-star, award winning restaurant and bar serves up a seasonal, scratch, eclectic American dining menu featuring everything from caviar to burgers. Fine wines and whiskey's flow in abundance, It has a nice patio in a peaceful residential neighborhood and seats 40 inside and an additional 18 at a island bar. On most nights, its hard to find a seat. Currently only open evenings and closed on Sunday and Monday a new owner could expand hours for even more sales and profits. There is a very well trained, loyal staff and chef in place and the owner will stay on for a negotiated period of time to train. This upscale Bistro Restaurant for Sale has been collecting raving fans and awards since 2011 when they opened.

The kitchen in this Bistro Restaurant for Sale is compact and efficient, featuring a grill, fryer and 10 burner stove and oven. There is a large smoker and plenty of both hot and cold storage. The Restaurant Brokers at We Sell Restaurants can provide you with the complete equipment list that is included in the purchase price.

There are 3-1/2 years left on the lease at this Bistro Restaurant for Sale, plus a 5-year option. Rent is a very manageable $4,600 per month for 1,200 square feet and water and trash removal is included. The current owner additionally rents a nearby parking lot for $200 per month.

Great books are available and will be released during due diligence. This deal should finance through the SBA and some Seller financing could be available to a qualified Buyer for this Bistro Restaurant for Sale.

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Property Features and Assets:

Patio 12 chairs 3 tables 3 umbrellas FOH 22 chairs 20 tables POS system misc decor booth seats 16 bar stools wine cooler espresso machine reachin cooler freezer bar sink ice bin record player cameras and security system BOH veg prep sink ss sink 2 door reach in fryer 10 burner stove sm grill 2 2 door reach ins misc cooking utensils Hobart oven pasta sheeter Back smoker slicer single door refrigerator 3 door refrigerator rolling rack prep tables

Market Competition and Expansion:

Hours of operations could be expanded for even more sales and profits.

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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