$2 Million Dollar Buildout for $350,000

Denver, CO
Denver County


Asking Price: Annual Revenue:
$350,000 $390,000

Food & Beverage: Restaurants, Fast Food, Deli


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RE: $2 Million Dollar Buildout for $350,000 Broker: Chris Gordon

Quick Facts

Asking Price: $350,000
Annual Revenue: $390,000
Net Profit: Not Disclosed
Cash Flow: Not Disclosed
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 2017
Employees: 10
BBN Listing #: 94488096
Broker Reference #: 9282

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Business Overview:

This is your chance to own one of the most beautiful and upscale night clubs and Bars for Sale in Downtown Denver at a fraction of the cost. This 2-million-dollar build out features a high-end bar, custom furniture, a dance floor, a DJ booth, top of the line sound equipment and much more. This turnkey operation is ready to go on Day 1! Sip Ultra Lounge is a 3,100 square foot high-end bar featuring posh drinks, music, dancing, and bottle service. A distinct and stunning bar is the main showpiece in the middle of the lounge with seating for 25 people at the bar top. It is surrounded by custom wooden tables, adding a natural vibe to the up-scale environment. The large dance floor is surrounded by intimate booths allowing patrons a space to sip, sit back, and chill. A custom DJ booth overlooks the dance floor and utilizes top of the line sound equipment to produce an immersive experience. A large patio on with multiple sectionals provides a breath a fresh air right off the dance floor at this Bar for Sale. It can take up to 6 months or longer for a new restaurant owner to open the doors. Construction costs and materials are at an all-time high! When you purchase this Bar for Sale from We Sell Restaurants you skip the wait and are in business for yourself in a matter of weeks! Hours are currently limited, open Thursday through Saturday night, often with a line out the door. Expand the hours of this Bar for Sale and expand the profits! The elevated drink menu and bottle service is highly reviewed at this Bar for Sale. The liquor license is transferable with the sale of the business. The food menu is currently served through partnerships with local food trucks and catering from surrounding chefs and restaurants. The hood and grease trap infrastructures are still in place and a formal kitchen could be restored if desired. Located Downtown, Sip is surrounded by condos, high rise building, swanky restaurants, and the Denver Convention Center. Denver is set against the backdrop of the Rocky Mountains, and it is widely recognized for its thriving economy, healthy lifestyles, and urban and natural amenities. Denver's population grew by 18% in the last 10 years, and it continues to draw educated and technical professionals from around the county. This growth is evident Downtown, which has invested heavily in new development and rejuvenation projects throughout the city. Rent at this Bar for Sale is extremely reasonable at $12,700 all-in for a location that can serve 250 patrons. Due to the high profile of this listing, proof of funds is required prior to a formal showing. Please contract Certified Restaurant Broker Chris Gordon for more information.

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Property Features and Assets:

1 Valet Stand Various Retractable Belt Stanchion Set for Queuing Lines 1 Custom Wood Check In Stand 20 Bar Stools 20 High Back Bar Stools 1 Custom Wood Coffee Table 2 White Club Chair 6 6 Person Intimate Booths 4 Custom Wood Table - Bar Height 10 Metal Chairs 3 Custom Wood Table Various Wall Booth Seating 2 Large Rose Gold Decorative Chandelier 6 Small Rose Gold Decorative Chandelier 38 Small Clear Decorative Globe Lights 9 Copper Globe Lights 1 Faux Tree Floor to Ceiling 1 Custom Wood Tree Stand 1 Side Walk Sign 2 Outdoor Sectionals 2 Outdoor Chairs 2 Outdoor Coffee Tables 2 Hand Sink 3 Liquor Rail 3 Ice Bin 2 Soda Gun 1 Three Compartment Sink 1 Bar Maid 2 Krowne Raised Liquor Display Unit 2 Clover POS Terminal, Cash Register, Printer 1 Red Bull Mini Fridge 5 Fruit Trays Various Bar Mats 1 Kegco XCK-1S Triple Tap All SS Commercial Kegerator 1 Perlick Refrigerator 1 Artic Air Refrigerator 1 Grey Goose Globe Bottle Display 1 SS Glass Stand 1 Berverage Air Refrigerator 1 True Refrigerator Various Sip Cutting Boards 1 Bunn Frozen Drink Machine Various Bar Glassware Various Champagne Bottle Holder 1 Nemco Lemon And Lime Wedger 13 Hookahs 8 SS Wall Shelves 1 Hand Sink 1 Artic Air Fridge 3 Hand Held Credit Card Readers 1 Epson Printer 1 Security System 1 Back Office Computer 1 Ashley KLR-3200 Power Amplifier 1 Microwave Various Promotional Bottle Display Stands Various Lockers 1 Bull Safe Various Metal Shelving (Liquor Room) 1 Step Stool 4 Bar Television Sound System 10 Fans

Market Competition and Expansion:

Desirable location in Downtown Denver. Surrounded by high rises, condos, and the convention center. Street parking only.

Reason for Selling:

Relocation

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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