30 Year Old Mediterranean Neighborhood Restaurant For SaleBoulder, CO 80304

Property Details for 30 Year Old Mediterranean Neighborhood Restaurant For Sale

Year built

1992

Property size (Sq ft)

3,000 SF

Property type

Retail properties

Property subtype

Other retail properties

Description

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.

Location Insight

City

Boulder

County

Boulder

State

Colorado

Latitude

40.0455

Longitude

-105.284

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