Turnkey Downtown Denver Restaurant for Sale

Denver, CO (Denver County)

Turnkey Downtown Denver Restaurant for Sale

Asking Price:$95,000

Cash Flow:N/A

Gross Revenue:N/A

EBITDA:N/A

FF&E:N/A

Inventory:N/A

Rate/Sq. Ft.:N/A

Established:N/A

Turnkey Downtown Denver Restaurant for Sale

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Business Description

Denver’s economy is booming and while rents continue to rise, this restaurant has rent far below the market in a long term lease, where ten years from now your lease rate will still be under $30.00 PSF gross (NNN’s included)! You won’t believe the condition of this modern restaurant, it is impeccably clean and well cared for. Located at street level of a 26-story office tower, this location is conveniently located for the incredibly dense population of daytime office workers. Located just ½ block from the 16th Street Mall and walking distance to hotels, theaters, entertainment and tourist attractions. This restaurant is just the right size to capture breakfast and lunch crowds and has a walk up counter for grab and go coffee, snacks and packaged meals. If that isn’t enough, to enter this sleek, modern restaurant you pass through a beautifully landscaped patio with a capacity for more than 20 guests. The layout can accommodate full, fast casual, or quick service concepts. In addition, the well equipped kitchen can prepare meals for delivery or catering and not burden the sit down crowd. The H&R Liquor License is capable of transfer. Hurry, this great opportunity will not be on the market for long!

Detailed Information

Real Estate:
Leased
Building Sq. Ft.:
2,552
Lease Expiration:
N/A
Facilities:
2,552 SF fully equipped 64 seat restaurant, 44 seat dining room and 20 on the patio. Large, fully operational kitchen with 14' hood. Only ½ block from 16th Street Mall. Modern, new and impeccably clean. Transferable H & R Liquor License. An under market, long-term lease is in place, currently $5,500 only per month which is amazing for this great downtown location!
Competition:
If you are looking for daytime density, it does not get better than this! The location is ideal for any, fast casual, quick or full service concept. Denver is one of the hottest restaurant markets in the country. The retail real estate market is extremely tight, especially for second generation restaurants. Rents and construction costs are at an all-time high. So purchasing a turnkey restaurant with an under market, long-term lease with all the assets is the optimal option, not to mention the time saved.
Support & Training:
This opportunity is a conversion and ideal for most concepts. Seller will familiarize buyer with the facilities at no additional charge.

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Mark Valente

Business Listed By:
Mark Valente

Sanborn and Company

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Sponsoring Broker:
Shawn Sanborn

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