Denver Catering Event/Wedding Venue for sale with Seller Financing!

Aurora, CO (Arapahoe County)

Seller Financing Available
Denver Catering Event/Wedding Venue for sale with Seller Financing!
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Asking Price: $170,000

Cash Flow: $1

Gross Revenue: $420,000

EBITDA: N/A

FF&E: $150,000

Inventory: $2,500*

Rent: $6,700 /Month

Established: 2011

*not included in asking price.

Denver Catering Event/Wedding Venue for sale with Seller Financing!

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Business Description

Outstanding opportunity to acquire a fully-equipped 80 seat restaurant and 400-seat dining/event venue with significantly discounted lease including a 5-year option. The location currently operates as a small restaurant and bar occupying approximately 1000 sq ft, plus huge kitchen along with dining/event space (6000 sq ft) under the same roof. The kitchen is large enough to service the entire space as a full-service restaurant if desired. Well over $125,000 in new assets less than 2 years old - in addition to kitchen and bar assets. Stage and dance floor complimented by new top-of-the-line A/V system. Plenty of parking and outdoor seating. Located in Aurora, Colorado 1/4 mile from I-225. Straightforward opportunity to acquire a great turnkey restaurant/catering/event facility with little, if any investment in kitchen required. Due to family reasons the owners must sell this business ASAP. This is a superb opportunity to acquire an under-market lease for a fully-outfitted restaurant at a significant discount. Restaurant-Hotel and Cabaret Liquor License. Seller is motivated for a quick and smooth sale. Seller financing available. Family circumstances have created a unique opportunity for a new operator to capitalize on Seller's recent investment. Significant Seller Financing Available!

Detailed Information

Location:
Aurora, CO
Inventory:
Not included in asking price
Real Estate:
Leased
Building SF:
8,135
Lease Expiration:
3/31/2023
Employees:
6
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
Fully operational 80 seat restaurant and full service bar plus event center with kitchens to support both or to support event center space as additional 400-seat restaurant. Stage, dance floor, VIP room, complete A/V system, and additional outdoor seating area as well.
Growth & Expansion:
Below-market lease - FMV is approximately $14,500. Fully built-out and fully operational facility. Huge dining area, stage, dance floor, VIP room, outdoor seating, plenty of parking, liquor license,
Financing:
TBD
Support & Training:
2 weeks or as needed.
Reason for Selling:
Family Obligation
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Contact the Seller

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Gregg Kunz, CBI

Business Listed By:
Gregg Kunz

Rocky Mountain Business Advisors

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Memberships & Certifications:
Indicates membership in The Colorado Association of Business Intermediaries (CABI).

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