For Sale
$270,000

30 Year Old Mediterranean Neighborhood Restaurant For SaleBoulder, CO 80304

Established eatery, prime location, high potential.

Overview

Added:
Dec 11, 2024
Days on market:
117
This thriving Mediterranean restaurant in Boulder, Colorado, presents a unique investment opportunity. Established in 1992, this 3,000 square foot restaurant boasts a loyal customer base and a reputation for award-winning cuisine, recently voted "Best Appetizers/Tapas" in 2024. The restaurant features a warm ambiance, indoor seating for 84, and a spacious outdoor patio, perfect for enjoying Colorado's sunshine. The fully equipped kitchen includes a wood-burning pizza oven, 15-foot hood system, ample prep space, and all necessary cooking equipment including a walk-in refrigerator and freezer. Currently operating with limited hours (5 hours daily), this presents significant growth potential by expanding operating hours and enhancing the customer experience. The restaurant generates over $1.4 million in annual gross revenue and enjoys a month-to-month lease with a monthly rent of $7,000. Seller financing is available. The sale includes all equipment, fixtures, and the established business, making this a truly turnkey operation. Located in a vibrant neighborhood with strong competition, the restaurant shares a parking lot with a Lucky's Grocery store and is situated near a Playhouse theater, ensuring high foot traffic. This is an exceptional opportunity for an experienced restaurateur or a budding entrepreneur seeking a profitable and established business with a proven track record of success. The business employs 24 people.

Highlights

  • $270,000 asking price for a profitable, established Mediterranean restaurant.
  • $1,404,568.33 annual gross revenue with $44,515.33 cash flow.
  • 3,000 square foot space with 84 indoor seats and a large outdoor patio.
  • Fully equipped kitchen including a wood-fired pizza oven, 15-foot hood system, and walk-in refrigeration.
  • Month-to-month lease at $7,000 per month; seller financing available.
  • Established in 1992 with a loyal customer base and award-winning cuisine (voted "Best Appetizers/Tapas" in 2024).

Property Details for 30 Year Old Mediterranean Neighborhood Restaurant For Sale

Property type
Retail properties, Restaurants
Square Feet
3,000 SF
Year Built
1992

Location Insight

City
Boulder
County
Boulder
State
Colorado
Latitude
40.0454736
Longitude
-105.2838511
30 Year Old Mediterranean Neighborhood Restaurant For Sale, Boulder, 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].
30 Year Old Mediterranean Neighborhood Restaurant For Sale
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