For Sale
$150,000

000 Profitable Restaurant For Sale Colorado SpgColorado Springs, CO 80916

Profitable restaurant, established 2019. High revenue, low overhead.

Overview

Added:
Dec 11, 2024
Days on market:
117
This thriving Colorado Springs restaurant is offered for sale at $150,000. Established in 2019, this independent concept boasts a 3,350 square foot space and a lease expiring February 27, 2029. The restaurant has consistently generated strong revenue, averaging $600,000-$700,000 annually over the past five years, with annual profits averaging $80,000-$90,000. The sale includes all existing equipment, recipes, and the business name and concept. The extensive equipment list includes multiple refrigerators, freezers, prep tables, cooking equipment, a POS system, and more. The current owner is retiring, presenting a unique opportunity for a new owner to step into a well-established and profitable business. The restaurant currently employs five people (four full-time, one part-time) and operates with convenient hours. Monthly rent is $4,623.96. The seller is offering two weeks of managerial training and six months of remote technical support. This is an asset sale

Highlights

  • Address confidential.
  • Asset sale; asking price includes business, not real estate.
  • Franchise-free.
  • Gross revenue: $580,280; cash flow: $72,473. Inventory not included.
  • Leased real estate; lease rate: $4,623/month, expiring March 2029; seller financing unavailable.
  • Extensive restaurant equipment included (see below).

Property Details for 000 Profitable Restaurant For Sale Colorado Spg

Property type
Retail properties, Restaurants
Square Feet
3,350 SF
Year Built
2019

Location Insight

City
Colorado Springs
County
El Paso
State
Colorado
Latitude
38.8021891
Longitude
-104.7229279
000 Profitable Restaurant For Sale Colorado Spg, Colorado Springs, Colorado

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?
Please email our support team at [email protected] and they will add the team member.
How do I access a private listing?
Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
How do I unsubscribe from emails?
At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].
000 Profitable Restaurant For Sale Colorado Spg
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your first name
Please enter your last name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Select size
Please enter message