Long Heritage Home-style Family Restaurant

Westminster, CO (Jefferson County)

Seller Financing Available
Long Heritage Home-style Family Restaurant

Asking Price:$75,000

Cash Flow:N/A

Gross Revenue:N/A

EBITDA:N/A

FF&E:$50,000

Inventory:N/A

Rate/Sq. Ft.:$1.11

Established:1976

Long Heritage Home-style Family Restaurant

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Business Description

This is an opportunity to acquire a North Denver staple that has been around for four decades. The made from scratch recipes have been handed down for generations. This restaurant is the perfect place to visit for a lunch buffet, dinner with family, dinner for two or large group celebrations in the banquet room. They are known for their off-site catering service as well. They do a competitive Happy Hour in the bar, they are family friendly and have reasonable prices. Options could include moving to a new location at the end of the lease or flipping the restaurant to a new concept in their multi-functional space.

Asking Price: $75,000
Reason for Selling: Retirement
Seller Financing: Possibly for qualified buyer
Gross Sales: $409,000/year

Detailed Information

Inventory:
Included in asking price
Real Estate:
Leased
Building Sq. Ft.:
7,176
Lease Expiration:
N/A
Employees:
20
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
The restaurant space is ideal for a full service concept with an existing full bar and private bar dining space, a banquet room and plenty of dining space. The kitchen is spacious, well-equipped and has large walk in coolers/freezers. There is plenty of parking and great visibility off of high traffic Boulevard.
Financing:
For qualified individual
Support & Training:
4 weeks
Reason for Selling:
retiring

Listing Statistics for Premium Members

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Chris Cantwell

Business Listed By:
Chris Cantwell

Transworld Business Advisors

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Memberships & Certifications:
Indicates membership in the International Business Brokers Association (IBBA). The IBBA is the only certifying organization for Business Brokers and Intermediaries who assists people in buying or selling a business. Indicates membership in The Colorado Association of Business Intermediaries (CABI).


Sponsoring Broker:
Al Fialkovich

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