Restaurant and Bar for sale in Wheat Ridge, CO

Wheat Ridge, CO
Adams County


Asking Price: Annual Revenue:
$99,000 $387,809

Food & Beverage: Restaurants, Fast Food, Deli


Request More Information
Contact the Seller

RE: Restaurant and Bar for sale in Wheat Ridge, CO Broker: Ron Uphouse

Quick Facts

Asking Price: $99,000
Annual Revenue: $387,809
Net Profit: Not Disclosed
Cash Flow: $38,669
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 1994
Employees: 7
BBN Listing #: 60438096
Broker Reference #: 8075

Email, Print & Share

Request More Information
Contact the Seller


Business Overview:

This Bar for Sale has established itself as the “locals spot”, and primarily get its customer base from its immediate neighborhood. It is located at a very high-volume intersection in an established area and is ready to be taken to the next level. This bar for sale did almost $400,000 in revenue in 2019, and although the number fell in 2020 (like just about every bar in Colorado), it still managed to maintain it core clientele and is looking to rebound post epidemic.

Located on one of the busiest intersections in the city makes the Bar for Sale easy to find and get to. Your future clientele passes by every day, and only a turn of the wheel could make the difference. With an interior max capacity of over 200, and a balance of booths, tables, and large bar, this is a place that beckons to be filled. An additional exterior seating area adds space to cover to the overflow. That is large enough to generate strong sales yet small enough to be an intimate neighborhood gathering place.

The Bar for Sale brought to you by We Sell Restaurants has been in this location for 30 years and has established itself in the area as a fun inviting place to congregate. This authentic bar for sale has a rich history and strong attention to details like traditional food and drinks. The friendly atmosphere and great food are only part of their success. Rent is very reasonable in this 3,900 square foot restaurant and bar for sale at $6,500 per month, including your triple net expenses. This puts your cost per square foot at just $20 all-in!

Fully equipped commercial kitchen has it all including flattop grill, 6 burner commercial stove, 2 twin basket deep fryers, steam tables, cold tables, reach-in cooler, walk-in cooler, freezer, huge hood, grease trap, and everything else you will need to make anything your heart desires! The functionally designed bar is ready for your teams mass production, while being aesthetically pleasing for your customers. From your first draw to your last premium mix this Bar for Sale is ready to produce. There are plenty of parking spaces with hundreds more nearby.

Colorado restaurants account for 12% of the state labor force, 75% of which are independently owned and operated, and employ over 275,000 workers. Disposable income is expected to advance 3.1% in Colorado, compared to 2.2% nationally. Population in Colorado will grow 1.4% compared to 0.8% nationally. Total employment in Colorado is projected to increase 2%, compared to 1.5% nationally. And this Bar for Sale is near the beating heart of it all!
Give the Restaurant Broker a call and set up a showing of this Restaurant and Bar for Sale today!

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:

1 3 lid BH cooler 1 4 lid BH cooler 1 4 handle one eight barrel cooler 1 4 handle one half barrel cooler 2 wells 24 by 36 1 glass chiller 23 stationary bar stools 1 24 inch round table 10 Sq Wood HiTop Tables 48 Padded Bar Stools 11 TVs 7 Neon Signs 1 Lockable Display case 20 Tin Signs 1 Boyers Coffee Machine 1 11 foot stainless table 1 stand up fridge 1 Dishwasher and drain table 1 White Chest Freezer 1 Stand up 2 door Freezer 1 4 drawer desk 1 2 door liquor cabinet 1 camera DVD with 16 caneras 1 adding machine 1 Epson printer 6 kitchen spare tiles 3 12 foot shelves 1 2 foot shelf 1 mop bucket and mop 1 Hoshizaki ice maker 1 electric shark vacuume 2 high chairs 3 booster seats 1 Monster safe with combo 1 4 foot stainless steel work table 1 4 foot stainless steel work table with charbroiler 1 3 foot stainless steel work table 1 4 pan gas steam table 2 2 basket fryers 1 6 burner gas stove with oven Misc cooking and kitchen utensils Misc bar glasses shakers and mats Misc gift giveaway stuff

Market Competition and Expansion:

Established neighborhood, high density residential, near highway, very busy intersection, close to high volume retail, current customer base, room for growth. This area has seen the job market increase by 1.9% over the last year. Future job growth over the next ten years is predicted to be 40.3%, which is higher than the US average of 38.0%.

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.

Relevant Links:

Request More Information
Contact the Seller



BusinessBroker.net is one of the largest business for sale marketplaces in the world that connects tens-of-thousands of business buyers and sellers every month. Sell a Business Online or if you’re a broker or a commercial agent sign up for a Business Broker Membership today!