Free Standing Restaurant for Sale with Real Estate

Wheat Ridge, CO
Jefferson County

Asking Price: Annual Revenue:
$2,000,000 $600,000

Food & Beverage: Restaurants, Fast Food, Deli

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RE: Free Standing Restaurant for Sale with Real Estate Broker: Bob Steinberger

Quick Facts

Asking Price: $2,000,000
Annual Revenue: $600,000
Net Profit: Not Disclosed
Cash Flow: Not Disclosed
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 1998
Employees: Not Disclosed
BBN Listing #: 16798096
Broker Reference #: 7744

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Business Overview:

Freestanding Restaurant for Sale is located in Wheat Ridge, Colorado. Recently closed, Will convert to any concept quickly and inexpensively. The building and land can be purchased for $1.8M Not far off I-70 Interstate, this restaurant for sale is located just off a major intersection in Wheat Ridge, Colorado that sees traffic counts in excess of 55,000 per day. It features great signage and visibility as well as plenty of parking. The current owner has other business interests that he must attend to, so it is priced to sell quickly. Was doing about $50,000 in sales per month with no advertising, marketing or face book page means very good upside for a new owner. This buffet-type restaurant for sale offered by We Sell Restaurants occupies a 5,000 square foot freestanding building. It has 6 different buffet tables - 3 hot and 3 chilled that enable it to offer it guests over 50 different hot items and 50 cold offerings. There is a Hibachi type display grill that allows food to be prepared in the dining room, in front of the guests. This Buffet restaurant for sale seats over 150 in mostly, comfortable booth seating. There is a host stand at the entrance with a POS system that collects the guest's money for this all-you-can-eat concept. The dining room layout is great and the buffet area well-presented and attractive. The fully equipped commercial kitchen easily supports this concept or any other. This restaurant for sale features a large walk-in cooler and freezer, plenty of both hot and cold storage, a sham (to hold hot items), a sandwich prep cooler, several rice cookers, microwaves, a 7-wok station, 2 eye burner and slicer. It currently operates with this concept but would convert to almost any other. If a client prefers to lease, the landlord has indicated some Tenant Improvement money could be available to a qualified Buyer to assist in a remodel or upgrade. This is a great opportunity for anyone looking for this type of restaurant for sale..

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Property Features and Assets:

FOH 31 4 top booths 13 4 top tables Host stand copy machine music system 3 hot buffet tables 3 cold buffet tables Hibachi Grill SS hand sink misc china and silver Drop in freezer Service area SS hand sink glass door reach-in ice machine BOH walkin cooler walkin freezer 2 SS hand sinks Dishmachine that is leased SS tri sink veg prep sink misc trach cans 3 rice cookers 2 microwaves SS prep table 2 door glass reach in 3 fryers 7 wok station sham 2 eye burner SS serving shelf Sandwich prep cooler misc prep utensils slicer meat grinder fan misc food storage

Market Competition and Expansion:

Great location - just off intersection of Wadsworth and 44th St. Easy access and strong retailer nearby. Great signage and visibility .

Reason for Selling:

New Career

Additional Details:

  • The property is owned.
  • 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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