Family-owned, profitable, & well-known Restaurant!

Parker, CO
Denver County


Asking Price: Annual Revenue:
$699,000 $2,200,554

Food & Beverage: Restaurants, Fast Food, Deli


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RE: Family-owned, profitable, & well-known Restaurant! Broker: Ron Uphouse

Quick Facts

Asking Price: $699,000
Annual Revenue: $2,200,554
Net Profit: Not Disclosed
Cash Flow: $280,056
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 2012
Employees: 16
BBN Listing #: 75798096
Broker Reference #: 8429

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Business Overview:

Well-known, established, and highly successful, this Local Italian Restaurant for Sale provides Italian Classic and Mediterranean delicacies to their affluent customer base. Monthly Chef-Inspired creations keep the menu fresh and new, while the ambiance draws you to back in time. Located just southwest of downtown Denver, walking distance to at least four high rise residential building, and surrounded by an established, well-kept neighborhood. It is positioned on one of the major corridors exiting the city, that makes this restaurant is impossible to miss. In addition to all those benefits, significant additional clients are directed to this restaurant each day by the downtown hotel concierges. A favorite of the locals and tourists alike. This beautiful stand-alone restaurant is very conspicuous with wide a street side view and public exposure that has made it a destination point, needing advanced reservations.

As the customer arrives at this Italian Restaurant for Sale, they are greeted by the patio seating that is “busy and magnificent” by day that transforms into “secluded and stunning” after sundown. Upon entering, the customer is greeted with the old world feeling. The aroma of freshly created pastas and sauces, mixed with the scent of freshly baked bread tempts one of their senses, the sound of fun and laughter tempts another, while the nostalgic sights allures yet another of those senses. Entering is knowing that you are about to get a treat. And a treat, you will get, the food is incredible.

Family-owned and profitable, this gem of an Italian Restaurant for Sale by We Sell Restaurants is known for serving the best and freshest Italian food in the area. Reservations are a necessity-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.

An Italian meal isn’t complete without a glass of wine. This Italian Restaurant for Sale also has a full liquor license so customers can enjoy that glass of wine or their favorite cocktail with dinner. The H&R Liquor License is in place and active, ready for your transfer. There's something for everybody!

Seating within its four interior dining areas has a capacity of 99, and an addition 30 customers are seated on the two-part patio. Current daily reservation counts run up to 280 table-tops per night, leaving the staff with little down time. Currently this Italian Restaurant for Sale? is only open 6 days a week, and only in the evenings, leaving lunch and that 7thevening as a opportunity for you to increase profitability.

The kitchen is set up and ready to support the over 2 million dollars in dinner sales. Hood, grease trap, oven, stove, walk-in, fryer, and prep-tables are all there. The Chefs are in place, and are long time employees, having 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 $6,400 is all that is needed to cover the base lease and the triple net. A long teamwork between the landlord and the current tenant 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.

Owner’s benefit has maintained an impressive $250,000+ and only dipping to $200,000 through the epidemic, the stable sales of 2 million+ at this Italian Restaurant for Sale should set you up for success. 2021 numbers have rebounded well after the epidemic and are on track to surpass any numbers recorded in the past.

Qualified buyer will receive the full business information through a confidentiality agreement and verification of funds process designed to protect the seller, business, employees, and patronage. For more information on this Italian Restaurant for Sale, visit our website www.wesellrestaurants.com, enter listing # 8705, click on the red circle “Step 1 To Ownership” to authorize confidentiality and supply proof of funds, to requested further information on this hot listing.

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:

Multiple Indoor Round Dining Tables Multiple Indoor Square Dining Tables Multiple Indoor Small Rectangular Dining Table Multiple outdoor Square Dining Tables Multiple outdoor Small Rectangular Dining Table Padded Indoor Dining Booths with Tables Multiple Indoor Padded Dining Chairs Multiple outdoor Padded Dining Chairs Ice Maker Bar Refrigerator Stainless Steel Prep Tables Dishwasher Multiple Eyed Cooktop Deep Fryer 1 Meat Slicer Commercial Refrigerator Hostess Stand Glassware Silverware Plates Cooking Utensils

Market Competition and Expansion:

Surrounded by high-density, high-income population. Solid and reliable current customer base. Strong relationship with local Concierges Large local population of families. Located in or near destination point.

Reason for Selling:

Retirement

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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