Sandwich Shop and Deli for sale in Denver
Sandwich shop and deli for sale in Denver
This Sandwich Shop and Deli for sale features a great location. Located in vibrant, desirable Lower Capital Hill area of Denver.
Buy this Sandwich Shop and Deli for Sale in a unique, funky, neighborhood location in Lower Capital. This sandwich shop and deli for sale has been serving up high quality, fresh sandwiches, subs, salads and soups for lunch to a loyal following for 16 years. Fresh bread is delivered daily to this sandwich shop and deli for sale. Great assortment of meat along with soups that are made in-house add up to a diverse, high quality menu that serves sit down, pick up at counter or catered guests. This sandwich shop and deli for sale is open from 10:30 am to 6 pm daily and closed Sunday meaning the owner / operator is able to enjoy a high quality of life while owning their own business. That's a recipe the restaurant brokers agree with!
Good cost controls are in place that ensure profits are in-line with sales. Keep things as is or expand catering opportunities or operating hours for even more sales and owner benefits. This restaurant and deli for sale in Denver has a great lease of only $3105/mo. for 2000 sq. ft. It seats 26-30 inside and 2-4 outside with room to possibly expand.
The kitchen is ready to go with plenty of refrigeration, ice machine, POS system, dishwasher, an oven for cooking meats in-house and heating / holding burners. All the Seller's chef originated recipes come with the business. The highly trained and dedicated staff will stay on with the right buyer of this sandwich shop and deli for sale. The Seller will stay to train and assist for a determined time. Owner says bring your offers and depending on your credit and experience some Seller financing may be available to a qualified buyer. It makes this a unique opportunity to own your own business.
This is a great opportunity and a great ''starter'' restaurant for a first time owner looking for a great sandwich shop and deli for sale. This business is an asset sale so no books are available. For more information about this listing, register as a buyer and electronically sign a Confidentiality Agreement and then call your Colorado, Certified Restaurant Broker, Bob Steinberger at 303.622.3601.
N of Denver BBQ Restaurant. 1.13M Rev, 237K Earn, 280K Assets
N of Denver BBQ Restaurant. 1.13M Rev, 237K Earn, 280K Assets, Opportunity for 2
Adams County, CO
BBQ Restaurant and BBQ Sauce Company
The 2016 revenues were 1,139,905 with normally adjusted earnings of 237,993. This is now priced below 3 times their current earnings.
You also get 280K in Assets Debt Free! This is mostly large pieces of equipment at its current value. The total assets also include fixtures and inventory.
This is a turnkey operation now that the owners have figured out what works and what doesn’t. The next phase is to open another restaurant, find greater distribution of their proprietary sauce, and advertise more for the one they have. They got into the business because of their love for BBQ and music. It was never about the money but they are getting older and are ready to let the new owner focus on profits and growth. Neither sounds fun to them but they know that is what the next phase is.
Many long-standing loyal customers which has resulted in a high percentage of recurring business, plus they add hundreds of new customers every year!
This is a “Fun” business to own and has loyal and long term employees whom will all stay post-closing.
Location: North of Denver, CO
Seller’s Quote: “I am confident that a new owner can grow this because of the anticipated growth in the area and trying some of our ideas that we just never got around to. The hard work is done"
Here is the link for the Non-Disclosure Agreement, “NDA”: http://companybroker.com/buyer-profile-jeff.htm If it is blue you should be able to click on it, if not please cut and paste that to a URL line and it will give you the NDA which will allow me to automatically send you the Full Sales Package containing a detailed data room with financials and a Comprehensive Video on the entire operation and a full interview with the owner by clicking on the secure web link to the NDA. If you have any questions or comments on the NDA please email me at email@example.com or call me at 303-382-1926. Thank you.
The seller just lowered the sales price to 690K as of January 13th. Recurring revenue always deserves a premium and this company has a lot of recurring business. This is an asset sale with a net zero debt transfer transaction for the buyer.
Brief Overview and Deal Points:
The company is known nationally for their version of authentic BBQ, Great Ribs, and their proprietary Sauce. Their food and restaurant have won many awards. The food is all dry rub seasoned, fire seared, and hickory smoked during a slow cooking process. The restaurant has a family style sit down atmosphere in the front and a full bar with a separate patio in the back all serving wine, liquor, and beer. The restaurant carries a full liquor license. They also have a very good catering business which could be much larger.
The company has created a custom all natural gluten and celiac free BBQ sauce that is in several grocery stores and distribution is still growing. They have recently met with a couple of food brokers who are trying to get them greater exposure and distribution. The new owner should continue this fairly new direction and a great source of a 2nd stream of revenues and profits. There are other opportunities to improve and expand. The owner believes a 2nd location in Denver would do very well because of the larger population. They started this restaurant because they missed their home states BBQ. A new owner could also have a more focused sales effort by hiring an outside sales person to promote catering, business lunch delivery, and banquets. They have a full liquor license which is underutilized with alcohol being only 20% of sales and having the highest profit margin of all sales.
They have 280K in current value equipment which includes two delivery vans with their restaurant information on them plus an additional 8K in food inventory and 8.5K in alcohol inventory. The restaurant is kept very clean and the equipment is in great shape and has regular maintenance.
Their current location is in a beautiful well established and growing city. The lease is 8,700 per month plus electricity, water, etc. for 5,000 square feet. You must see the video walk through in the link in the 2nd paragraph above. Their town is a great place to live and raise a family. The weather is fantastic with 300 days of sun and it is inexpensive to live compared to Denver. It is a very well kept community set in a beautiful location less than 30 miles from Rocky Mountain National Park, Boulder, Denver, Ft Collins, and Denver International Airport. It is a fun place to live with a strong sense of community and pride and an endless amount of activities for the whole family. Plus, Colorado is the best State in the country to own a business. Please see the web link below. Colorado is THE "#1" fastest growing and strongest economies in the United States, per Money.MSN.com and Business Insider. This article ranks all 50 states by eight economic measures including GDP growth, housing prices, job creation and exports. http://money.msn.com/investing/the-50-state-economies-from-worst-to-first
The owners are a couple that have been together for a long time and are willing to help transition for a reasonable salary for up to a year. They feel that the strength of their staff and manager will make this an easy transition for the new buyer.
The restaurant has many loyal repeat customers. They are well positioned compared to its competitors because of how long they have been in their market and have the best BBQ with the most awards/positive articles, a strong balance sheet, clean and modern location, long term management, and friendly and fun employees. In short, their reputation and food is why they are the premier BBQ restaurant in a strong and growing BBQ market.
If you are NOT interested in this business for sale, but you refer someone to us who buys it and we collect the full commission, we will immediately pay you a referral fee of 3,000. Please send us anyone (or email this to anyone) who you think would be interested in this offering. Thank you.
Please Call or Email for Information: The broker is available at any time to discuss your interest in this offering.
Jeff Chapman Eisnaugle
Company Broker Group, LLC
1240 S Emerson St
Denver, CO 80210
This is prepared by Company Broker Group with information provided by the Seller. It was not created by the seller and neither the Broker or the Seller are responsible for its accuracy. Buyers are responsible for their own due diligence. Neither the Broker or the Seller will indemnify or guarantee any forward looking statements or projections. The information contained in this e-mail message is confidential and may be protected from disclosure. Please be aware that any other use, printing, copying, disclosure or dissemination of this communication may be subject to legal restriction or sanction. If you have received this e-mail message in error, please reply to the sender and delete it from your computer.
Different Brokerage relationships are available which include Seller agency, buyer agency, or transaction – brokerage.
Brokerage disclosure to Buyer or Tenant of Property. Definition of working relationships.
Seller's Agent: a seller's agent works solely on behalf of the seller to promote the interests of the seller with the utmost good faith, loyalty, and fidelity. The agent negotiates on behalf of and ask as an advocate for the seller. The seller's agent must disclose to potential buyers all adverse material facts actually known by the seller's agent about the business/property. A separate written listing agreement is required which sets forth the duties and obligations of the broker and the seller.
Buyer’s Agent: a buyer’s agent works solely on behalf of the buyer to promote the interests of the buyer with the utmost good faith, loyalty and fidelity. The agent negotiates on behalf of an accident advocate for the buyer. The buyer’s agent must disclose to all potential sellers all adverse material facts actually known by the buyer’s agent, including the buyer’s financial ability to perform the terms of the transaction. A separate written by a Buyer agreement is required which sets forth the duties and obligations of the broker and the buyer.
Transaction broker: the transaction broker assist the buyer or seller or both throughout a real estate transaction by performing terms of any written or oral agreement, fully informing the parties, presenting all offers and assisting parties with any contracts, including the closing of the transaction, without being an agent or advocate for any of the parties. A transaction-broker must use reasonable skill and care and the performance of any oral or written agreement, and must make the same disclosures as agents about all adverse material facts actually known by the transaction – broker concerning the property or a buyer's financial ability to perform the terms of a transaction and whether the buyer intends to occupy the property. No written agreement is required.
Company Broker Group, LLC, and Jeff Chapman Eisnaugle will be operating solely as a “Seller Agent” in all transactions.
Turnkey Pizza Restaurant *Huge price drop!*
Profiting turnkey pizza / Italian restaurant
Due to other business ventures, we are looking to sell the restaurant quickly so we can free up our time. $15,000. This is for a turnkey restaurant, staffed w/ a liquor license.
We have come in and remodeled, fixed and replaced mostly everything. Add your final touches to a fully staffed kitchen, wait-staff, & operating equipment. This is a very easy business model & attracts multiple demographics. Small town with not many other choices, add delivery to expand.
Great for someone who wants to get into the restaurant industry, low cost start-up, already operating and great reviews in town.
Owner will transfer Hotel & Restaurant Liquor License to new owners.
Low selling price for a quicker sale.