For Sale
$365,000

Denver Restaurant & Bar For Sale - $2 Million Annual Sales Denver, CO 80238

Franchised eatery, high sales, strong earnings.

Overview

Added:
Dec 11, 2024
Days on market:
138
This thriving franchised restaurant and bar presents a unique investment opportunity in Denver, Colorado. Boasting nearly $2 million in annual sales in 2023, this established business generated $138,000 in seller discretionary earnings. The 2,908 square foot space, built in 2017, includes a 700 square foot patio, seating over 150 guests indoors and out. The modern-industrial design features nine flat-screen TVs and stylish garage doors separating the interior from the inviting patio with a fire pit. The menu includes handcrafted hot dogs, burgers, signature sides, and breakfast burritos, complemented by a full bar with 24 craft beer taps. Located in a high-visibility outdoor mall, the restaurant benefits from a rapidly growing area with ongoing commercial and residential development. The lease, expiring December 31, 2027, is $12,000 per month, inclusive of base rent, CAMs, taxes, and insurance – representing only 7% of annual net sales. Royalties are 6% plus a 2% marketing co-op. The business operates daily for breakfast, lunch, and dinner, and is currently absentee-owned with a general manager in place. Extensive kitchen equipment is included, encompassing a walk-in cooler, freezer, various cooking appliances, and ample seating and bar furnishings. This turnkey operation offers a proven concept, established customer base, and significant potential for continued growth. SBA lending may be available.

Highlights

  • Monthly rent: $12,014.
  • 2,908 square foot interior with 700 square foot patio, seating over 150 guests.
  • Franchised restaurant and bar in a prime Denver location.
  • Annual sales of approximately $2 million, with $138,000 in Seller Discretionary Earnings (SDE).
  • Lease rate represents 7% of annual net sales, expiring December 31, 2027.
  • Absentee-owned, with a general manager in place.

Property Details for 0 Denver Restaurant & Bar For Sale - $2 Million Annual Sales

Property type
Retail properties, Restaurants
Square Feet
2,908 SF
Year Built
2017

Location Insight

City
Denver
County
Denver
State
Colorado
Latitude
39.7781333
Longitude
-104.8746508

FAQs

What type of property is this?
Retail property - Franchised eatery, high sales, strong earnings.
Where is the retail property located?
The property is located at Denver Restaurant & Bar For Sale - $2 Million Annual Sales Denver, CO.
What is the asking price?
The asking price for this property is $365,000.
What are key features of this property?
This property features: Monthly rent: $12,014.; 2,908 square foot interior with 700 square foot patio, seating over 150 guests.; Franchised restaurant and bar in a prime Denver location.
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.
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0 Denver Restaurant & Bar For Sale - $2 Million Annual Sales
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