Castle Rock Italian Restaurant for Sale

Castle Rock, CO
Adams County


Asking Price: Annual Revenue:
$170,000 $685,787

Food & Beverage: Restaurants, Fast Food, Deli


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RE: Castle Rock Italian Restaurant for Sale Broker: Ron Uphouse

Quick Facts

Asking Price: $170,000
Annual Revenue: $685,787
Net Profit: Not Disclosed
Cash Flow: $147,933
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 2018
Employees: 7
BBN Listing #: 17198096
Broker Reference #: 9358

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Business Overview:

Motivated Seller for this Italian Restaurant for Sale in Colorado is making it easy for you to become the new owner. Having purchase this location less than a year ago, he has found himself in a position of needing to sell now. Business is good, but his health is failing. He has even stepped forward offering the right buyer an owner-carry of up to 50%.

The current owner of this Italian Restaurant for Sale took over early this year with monthly sales averaging around $45,000 and got to work. Sales are great and growing. The last three months show steady growth July 2022 was $53,000, August 2022 improved to $56,000, and September 2022 climbed to over $62,000. This growth put him on track to break $800,000 in yearly sales without breaking a sweat. He is destined to have an owner’s profits of well over $100,000 in this first year of ownership!

Built with Palermo Sicily flair, the former owner of La Dolce Vita in Castle Pines, and Odyssey Restaurant in Denver, purchased this restaurant, and has set it up to follow the same winning system that succeeded with the 2 previous locations. That steady refusal to sacrifice quality for expedience has worked repeatedly and is working again. Sales at this Italian Restaurant for Sale by We Sell Restaurants are climbing, reputation is growing, and you can step in at the right time making that momentum yours.

Seating within its interior dining area has a capacity of 55, and an addition 24 customers are seated on the beautiful patio. Within the dining room there are a couple of tables that present a special flair. The first is the keynote table, located within the turret. Seated higher and somewhat secluded from the main dining area, it offers 180-degree view of the city, busy street, and the Castle Rock itself. The second is the chef’s table. A raised tabletop seating 8 comfortably and adjacent to the kitchen, giving that feeling of something special. The patio having 9 tabletops provides great views and enjoyment of the small-town energy. Current daily reservation counts run up to 90 tabletops per night, leaving the staff with little down time.

An Italian meal isn’t complete without a glass of wine. This Italian Restaurant for Sale also has a liquor license in place, letting customers enjoy that glass of wine with dinner. The Liquor License is in place and active, ready for your transfer. There's something for everybody!
The kitchen is fully set up and ready to support the growth that is happening. Open concept allows it to be viewed by the patrons, creating the Italian home friendly environment. Hood, grease trap, oven, stove, walk-in, fryer, and prep-tables are all there. The Chefs are in place, and have a deep knowledge of the recipes, equipment, and systems. The chefs are not part of the selling entity and can be enticed to continue for you, and I would recommend you do just that.

A very favorable lease starts you off right. Currently $5,403.32 is all that is needed to cover the base lease and the triple net. A long teamwork between the landlord and the facility has cultivated a mutually beneficial agreement between the two. Whether you are looking to transfer the current lease or begin another, the framework has been set. The Restaurant Brokers will assist you in navigating the leasing process on this Italian Restaurant for Sale.

Family-owned and profitable, Italian Restaurant for Sale is quickly becoming known for serving the best and freshest Italian food in the area. Reservations are recommended-business is that good. The reviews and ratings are exceptional, with stellar reviews on Yelp, Google, Trip Adviser, and Face book, and the postings on their site are equally wonderful. Obviously, the food is cooked to order and prepared fresh, with course after course, and believe it or not, reasonably priced. The menu of mixed to order salads, homemade pasta, fresh baked breads, Chef-Inspired sauce recipes, refreshing deserts, and so much more, are brought together into a parade of gratification-a meal created from recipes that have traveled thousands of miles all the way from Italy to your dinner plate.

Qualified buyer will receive the full business information through a confidentiality agreement process designed to protect the seller, buyer, business, employees, and patronage. For more information on this Italian Restaurant for Sale, visit our website www.wesellrestaurants.com, enter listing # 9358 and hit enter. Once the listing opens, look to the right for a black square “Step 1 To Ownership - Acknowledge Confidentiality”. Clicking on this will allow you to log-in, acknowledge confidentiality, and get photo’s, financials, location, and the restaurant name. Please contact the broker Ron Uphouse. Please use reply to this ad button.

To request more information regarding this listing, simply check the ADD TO REQUEST INFO BASKET button and when you are done searching and have made all your selections, simply click on the REQUEST INFO button at the bottom of the page.

Property Features and Assets:

Host Stand and Storage POS Aloha 2 Drawer Stand and Wine Storage 7 Bar Stools Blue Air 2 Door Cooler Ice Storage and Speed Rail High Top Large Community Table 8 High Top Chairs 8 36 bt 24 Tables 4 36 by 36 Tables 4 High Top Chairs 55 Chairs Stainless Wine Rack Temperature Controlled Wine Rack Epson ET 2650 HD Computer Monitor Keyboard 3 Drawer File Cabinet Metro Shelving Speaker Craft Multi Room Speaker Selector Pioneer Tuner Cook Rack Vacuume 2 Door Artic Air Freezer Turbo Air 2 Door Refrigerator Clertis Coffee Maker Stainless Table with Water and Ice Station 5 Outdoor Round Tables 4 Outdoor Square Tables Outdoor Rectangular Table 25 Outdoor Chairs 2 Outdoor Sun Sails 2 Outdoor Heaters 8 Burner Imperial Cooktop with Dual Ovens Grill with Dial Food Drawers Fryer Food Warmer Stainless Prep Table Hobart Mixer Stainless Refrigerated Prep Table Plates Silverware Glasses Wine Glasses Various Kitchen Smallware

Reason for Selling:

Personal

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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