Italian restaurant for sale brings in over $125,00

Denver, CO
Denver County


Asking Price: Annual Revenue:
$299,000 $760,411

Food & Beverage: Restaurants, Fast Food, Deli


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RE: Italian restaurant for sale brings in over $125,00 Broker: Chris Gordon

Quick Facts

Asking Price: $299,000
Annual Revenue: $760,411
Net Profit: $91,472
Cash Flow: Not Disclosed
Total Debt: Not Disclosed
FF&E: $126,883
Real Estate: Not Disclosed
Year Established: 2007
Employees: 12
BBN Listing #: 79498096
Broker Reference #: 7315

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Business Overview:

Award winning Italian Restaurant For Sale in Denver makes $123,000 for it's owner. SBA eligible with 30% down! This owner-operator lives and dies by the numbers! This ship is ran tight and kept meticulously clean, with under 20% liquor cost, 20.3% food cost, and 27% labor! Owner rakes in over $123,000 per year, and has a long history of doing so. Rarely will you find an established Italian restaurant for sale that is this clean with such straight forward financials than this Italian restaurant for sale. Current owner is ready to pursue another venture in another state, and now you can have this incredible opportunity at a bargain price. The staff is well trained and transfer of the business and it's assets with be a breeze. This award winning Italian restaurant for sale located in the Denver area is well established and making the current owner-operator over $125,000 a year! This owner runs his business tight and lives and dies by the numbers, resulting in an excellent income. The build out is beautiful with faux brick accents, mood lighting, and arched doorways that would cost hundreds of thousands to build out from scratch. Owners work in the restaurant regularly, so it is also kept meticulously clean and passes with flying colors every health inspection. We Sell Restaurants is offering this restaurant with an authentic menu, serving up homemade Italian favorites like pastas, pizzas, salads, calzones, arancini, homemade lasagna and more! The fully equipped commercial kitchen has it all, with hood, grease trap, stove, ovens, fryers, cold line, and everything you need to add any other menu items your heart desires. The front of the house seats over 100 guests in it's 2400 square feet and there is ample parking with 40+ parking spaces and overflow parking. Location is prime and easily accessible, sitting on the corner of a major intersection with around 50,000 cars passing by each day. This Italian restaurant for sale gets terrific reviews on all the social media sites and has earned a 4.5 star rating from its many repeat customers. This is a proven concept, and this concept has the potential to be taken to the next level. Call your certified restaurant broker today to schedule a showing and obtain the freedom of owning your own business!

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Property Features and Assets:

2 Hard drives CD player Metro shelving Filing cabinet Printer Desk Recipes Shelving Unit Office Chair Small Filing Cabinet FLIR 6 camera security system with monitor TV 3 ft bar cooler 2 wine chillers Cappuccino and espresso machine Wine glass racks Ice bin Shelving for alcohol display Small table 2 Wine storage racks Heat lamp Soda gun 6 stainless steel tables Microwave Hand sink Mobile hot water heater Magic Chef small fridge Microwave Hood suppressant system 8 ft hood 2 countertop electric fryers 2 6 burner stoves with gas ovens Bakers Pride electric convection oven 3 fire extinguishers K1 grease extinguisher 8 ft cold storage prep table Double bin electric steam table 3 floor mats Microwave Metro shelving Wall mounted shelves Single door True refrigerator 12 ft dish machine shelf Short metro rack 6 ft SS table with vegetable sink Ceiling fan Various Pots and Pans Hobart slicer

Market Competition and Expansion:

Known as one of the best Italian places in town. Little competition in Denver for authentic Italian cuisine. Great concept to franchise. Could be the next big concept if the right owner were to take it to the next level.

Reason for Selling:

Moving

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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