Profitable Ethnic Restaurant for Sale

Denver, CO
Denver County

Asking Price: Annual Revenue:
$65,000 $224,200

Food & Beverage: Restaurants, Fast Food, Deli

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RE: Profitable Ethnic Restaurant for Sale Broker: Bob Steinberger

Quick Facts

Asking Price: $65,000
Annual Revenue: $224,200
Net Profit: Not Disclosed
Cash Flow: $64,384
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 2007
Employees: 5
BBN Listing #: 72488096
Broker Reference #: 8359

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Business Overview:

This popular, profitable Restaurant for Sale in a great location in Denver currently operates as a Latin American Restaurant concept but would convert to another easily and inexpensively!

The Restaurant for Sale is located in a great spot in an up-and-coming Denver neighborhood (think Highlands 10 years ago or Wash Park 25 years ago) The neighborhood is under going a remarkable transformation with hip coffee shops, boutiques and restaurants popping up all over. Located on a busy street with good visibility and has a remarkable amount of foot traffic. This restaurant has been run 100% absentee profitably for 13 years but really needs an owner / operator to realize it's true money making impact. It did $233,000 in sales and 2019 and almost that in a COVID racked 2020. It has sidewalk seating for 8 outside and seats another 20 in an open, well lit, area dinning room. There is a POS system and a walk-up counter.

The back-of-the-house of this Restaurant for Sale offered by We Sell Restaurants is ready to go and would support most any concept. It has a hood. There is an ice machine, tri-sink, vegetable washing sink, freezer, two reach-in coolers, fryer, stove with 4 burners and a griddle, misc. cooking utensils, a microwave, prep tables, an expo station and food storage. Both the kitchen and the front of the house is small resulting in an extremely attractive lease and very low utilities.

The Restaurant for Sale would convert quickly and inexpensively to a concept like a taco shop, breakfast place, Asian restaurant, coffee shop, or sub / sandwich restaurant or keep it the same. With an owner operator the Buyer could expect profits of over $60,000 making this a great deal for a first time operator or a seasoned veteran. The Colorado Restaurant Brokers do have a lender that would consider anyone with a credit score of 680 or above. Check out this great opportunity soon as it will not last long!

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Property Features and Assets:

Patio 8 chairs 3 tables 2 umbrellas Dinning Room 22 chairs 7 4 top tables POS system display case 2 hi chairs misc decore BOH ice machine SS tri sink veg prep sink misc pot and pans freezer 2 SS prep tables 1 SS expo table 2 2 door reach in coolers 2 SS storage racks sm fryer stove with 4 eye burner and griddle microwave sm reach in cooler misc food storage hand sink mop sink mop bucket 2 trash cans misc cooking utensils

Market Competition and Expansion:

Lots of street and foot traffic. No other competing restaurants in strip center.

Reason for Selling:

New Career.

Additional Details:

  • The property is leased.
  • The owner is not 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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