Business For Sale

Sold- High End Family Dining & Bar

Denver metro, CO
Denver County


Asking Price: Annual Revenue:
$1,095,000 $2,434,024

Food & Beverage: Restaurants, Fast Food, Deli


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RE: Sold- High End Family Dining & Bar Broker: Larry Huff

Quick Facts

Asking Price: $1,095,000
Annual Revenue: $2,434,024
Net Profit: Not Disclosed
Cash Flow: $398,537
Total Debt: Not Disclosed
FF&E: $200,000
Real Estate: Not Disclosed
Year Established: 50+
Employees: 45
BBN Listing #: 9275708
Broker Reference #: 5373

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Business Overview:

This very well established full service restaurant serves both lunch and dinner. They offer a large variety of choices from filet mignon, surf & turf, chicken dishes and a great selection of traditional Italian and Mexican cuisine. This local favorite also has two full service bars. Customers are primarily local, repeat customers; however their location is such that they have captured repeating clientele from events in the metro Denver area. In an industry known for high turn-over, approximately 90% of the staff has been with the Company for over 10 years. The facility has been fully remodeled in the last ten years and is not only physically well maintained but has a kitchen considered one of the cleanest in the city. The real estate is available for sale or the current owner is willing to lease the property to a new buyer. There are opportunities for revenue growth by focusing on marketing areas that have not yet been addressed and by adding product lines. The current owner is ready to retire, offering this turn-key opportunity to a new owner.

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Reason for Selling:

Retirement

Additional Details:

  • The property is owned.
  • 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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Disclaimer:

The information has been supplied by the Seller. BBN has not verified any of the information provided in this listing. Any agreement or decision by a buyer to pursue a transaction of this listing should be based on further investigation and due diligence. BBN expressly disclaims any and all liability resulting from the sale of this business. For full disclosure please read BBN's full Legal Disclaimer.


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