Award wining PO-KE Restaurant for Sale in Denver!

Denver, CO
Denver County

Asking Price: Annual Revenue:
$149,000 $310,000

Food & Beverage: Restaurants, Fast Food, Deli

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RE: Award wining PO-KE Restaurant for Sale in Denver! Broker: Bob Steinberger

Quick Facts

Asking Price: $149,000
Annual Revenue: $310,000
Net Profit: Not Disclosed
Cash Flow: $99,600
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 2001
Employees: 3
BBN Listing #: 6748096
Broker Reference #: 7641

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Business Overview:

First, to be clear - this is not a COVID-19 "fire sale". If you are looking for that, please check out our other listings. This business was extremely profitable before the outbreak and is still, very profitable. How is that possible? This Po-Ke Restaurant for Sale has always done 85% of it's business as take out or delivery. The dining room only seats 12 so when the pandemic hit it was barely effected.

Located just south of downtown Denver, Colorado this Po-Ke restaurant for sale is a gem. It is an incredibly simple, low overhead, operation that produces six figure profits for the owner. The current owner / operator runs the business with 1-2 other team members. Very little of the menu requires cooking so there are no hood or grease traps to maintain. The menu is simple, fresh and awesome. Maybe two dozen items featuring po-ke bowls, sushi burritos and Ramen selections. This establishment won "Best Po-Ke" in Denver from Westwood Magazine. They have an outstanding word of mouth and online reputation with very few competitors.

This Po-Ke restaurant for sale is on an extremely busy street near downtown Denver. It has street parking with 8 designated parking spots behind. It has good signage, an rare outdoor patio and seating for about a dozen inside. Fantastic video menu boards display the menu above a walk in counter where guests place their orders. The space is small and efficient, only 450 square feet upstairs with a 515 square feet basement below. This results in extremely low rent for the area. Rent is only $1,780 per month and that includes all utilities. The Restaurant Brokers know that combining very low overhead and a simple, low cost operation causes this business to produce an incredible bottom line. A beer and wine license is in place. There is also a very professional website with online ordering capabilities and a Facebook page included in this deal.

2019 sales were about $309,000. About 80% of that was delivery or take out. The Po-Ke restaurant for sale utilizes Grub Hub, Uber Eats and all the other delivery services available. They have a POS system set up as well as all of the needed software. The owner will stay on to train and some Seller financing would be considered for a qualified Buyer.

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Property Features and Assets:

Outdoor patio furniture Misc tables and stools 3 video menu boards 2 coolers 2 freezers 4 SS storage shelves 2 sandwich prep coolers one to door low boy cooler 2 SS shelves 2 rice cookers and warmers misc food storage containers sauce bottles Misc kitchen utensils Pots and pans POS system Beer and wine license Misc art on walls

Market Competition and Expansion:

Great location. Great reputation with very few competitors. Busy downtown location but parking is easy. Concept could be franchised. Professional website and Facebook page is included in sale.

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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