Well Established Specialty Restaurant

Denver, CO
Denver County

Metro Area


Asking Price: Annual Revenue:
$2,199,000 $3,129,817

Food & Beverage: Restaurants, Fast Food, Deli


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RE: Well Established Specialty Restaurant Broker: Erik Porter

Quick Facts

Asking Price: $2,199,000
Annual Revenue: $3,129,817
Net Profit: Not Disclosed
Cash Flow: $560,867
Total Debt: Not Disclosed
FF&E: $50,000
Real Estate: Not Disclosed
Year Established: 1989
Employees: 53
BBN Listing #: 5911708
Broker Reference #: 5457

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Business Overview:

REAL ESTATE INCLUDED IN SALE PRICE. This very well established full service restaurant serves both lunch and dinner. They have a varied menu within their specialty offering. Using high quality, fresh ingredients, the made from scratch traditional dishes are renowned. This local favorite also has a full service bar. The Company has many repeat customers and numerous patrons have become part of their extended family. Their lunch business is exceptionally strong capitalizing on local businesses in the area. In an industry known for high turn-over, staff is very tenured and there is limited turnover. The current owners are absentee and only occasionally work in the business. The facility has been well maintained and new booths will soon be installed. There are opportunities for revenue growth by focusing on marketing areas that have not yet been addressed. The current absentee owners are ready to completely retire and look forward to transitioning the business to new ownership that will maintain the legacy built over decades and take it to the next level.

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Reason for Selling:

Retirement

Additional Details:

  • The property is owned.
  • 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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