Korean Barbecue Restaurant for Sale

Aurora, CO
Arapahoe County

Asking Price: Annual Revenue:
$199,000 $850,661

Food & Beverage: Restaurants, Fast Food, Deli

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RE: Korean Barbecue Restaurant for Sale Broker: Ron Uphouse

Quick Facts

Asking Price: $199,000
Annual Revenue: $850,661
Net Profit: Not Disclosed
Cash Flow: $157,218
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 1995
Employees: 8
BBN Listing #: 58898096
Broker Reference #: 8722

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Business Overview:

This Korean Barbecue boasts an owners benefit of over $150,000 on $850,000 in sales in 2021. All of this within limited hours, open only five and a half hours a day, five days a week. Can you say immediate growth potential? This beautiful Restaurant for Sale is strategically located on one of the busiest streets in the area, and in the Denver metro area as well. Established in a neighborhood with the high-density demographics you are looking for, solid traffic and pedestrian counts, and a great quality of business life. The workhorse, set in this prime location, is surrounded by zip code with a population of 36,710,an average house cost of over $300,000, median age of 40, high mixture of families, and you guessed it, your business can be located right in the center of it all!

Inside this 3,002 square feet restaurant for sale, seating for 84 hungry customers is open and inviting. The real treat is the private party room, separating the party from the general dining area, and giving a place for a large group to cut it loose. This excellent location has a rent of only $6,300 including NNN's. With only a year left on the current lease, you will be excited to know there is a 5-year option that you can exercise and continue under the same lease, or you can negotiate a brand-new lease. Either way, you should have plenty of time to enjoy the fruits of the current owner’s work.

We Sell Restaurants presents this opportunity that has established itself from their competitors, developing a solid “something different” menu, and a comfortable dine-in space. The menu features popular, authentic Korean Barbecue cuisine from family style meals to the new and innovative. The “cook at your table” selections make dining more than a meal, but an event, and the customers that had the foresight to dine-in, gets the opportunity to sip on a drink supplied by the liquor bar, (did I mention that there is a Liquor License for transfer?).

The fully equipped commercial kitchen is ready to provide you with everything you need to hit the ground running, in fact, it is running right now. A commercial-sized exhaust hood equipped with fire suppression, sits above a 4-burner cooktop, next to a 4-burner cooktop, next to a 6-burner cooktop (that’s not a typo-14 burners in all), next to a grill, and finally next to a flattop grill. The kitchen also has an additional prep table, dishwasher, ice machine, fridge, and freezer, to support that production line. Adding a little splash of rice stammers, beverage chiller, and meat slicer for good measure rounds out the kitchen.

Whether you are looking to step in with the existing concept or planning to pursue a concept of your own, the annual gross sales in recent years will propel you on your journey in a hurry. Priced well below the market standard, this opportunity will go fast. A match made in heaven.

For more information on this Restaurant and Bar for Sale, visit our website. After getting your package of information on the listing, contact your Colorado Certified Restaurant Broker, Ron Uphouse using 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:

6 4 foot Rectangle Tables 5 6 foot Rectangle Tables 3 8 foot Rectangle Tables 1 15 foot Rectangle Table 30 Chairs 12 4 foot Bench 10 6 foot Bench 2 8 foot Bench 2 POS Clover Systems 2 Printers 2 Kitchen Printers 1 32 inch TV 1 32 inch TV Menu display system 1 4 foot Food Prep refrigerator 1 5 foot Food Prep refrigerator 2 8 foot Food Prep refrigerator 2 8 foot Stainless steel table 1 2 foot Stainless steel table 1 4 foot Chest Freezer 1 Upright refrigerator 1 Double Door refrigerator 1 Upright beverage refrigerator 1 4 foot Food display refrigerator 1 3 foot Refrigerator 1 Soup holding refrigerator 1 Heavy Duty Meat Slicer 1 Mixer 6 6 foot Stainless Shelving system 1 Microwave 2 Rice Cooker 30 cups 1 Rice warmer 8 Butane burners Various cooking utensils Various cooking pots Various Stainless Steel bowls Various Ceramic Hot Pots Various Skillets Various Food Storage containers Various Food serving plates & bowls

Market Competition and Expansion:

Currently open less than 6 hours a day, 5 days a week leaves lots of room for growth without looking outward. Located near on of the busiest intersections in the Denver metro area leaves room for expansion beyond that.

Reason for Selling:

New Career

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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