Denver Restaurant for Sale with Cheap Rent

Denver, CO (Denver County)

Denver Restaurant for Sale with Cheap Rent
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Asking Price: $149,000

Cash Flow: N/A

Gross Revenue: N/A

EBITDA: N/A

FF&E: N/A

Inventory: N/A

Established: N/A

Denver Restaurant for Sale with Cheap Rent

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Business Description

This Denver restaurant is located on South Broadway, in the popular Wash Park West neighborhood. It has extremely affordable rent at $1,912.50 per month or $15.30 per square foot. South Broadway is an easily accessible location, being on a major thoroughfare and close to interstate I-25 and the light rail. South Broadway is thriving as there are a number of booming new developments within walking distance. This restaurant is approximately 1,500 SF with a small bar and a comfortable patio. There’s a well equipped kitchen including a 10 foot exhaust hood, walk-in cooler and grease trap. This quaint restaurant seats around 50 and could accommodate most any menu concept. There is a Hotel & Restaurant liquor license capable of transfer and the under-market lease includes 2, 5 year options to renew.

Detailed Information

Location:
Denver, CO
Facilities:
This restaurant has cheap rent at $1,912.50/month or $15.30/SF! It is approximately 1,500 SF and seats around 64+ with 47+ in the dining room, 5 at the bar and 12 on the patio. The kitchen is well equipped with a 10 foot exhaust hood, walk-in cooler and grease trap. There is a transferable, under-market lease which includes 2, 5 year options to renew.
Competition:
Rent prices are rising quickly for restaurants, especially in a prime area such as South Broadway, which is thriving as there are a number of booming new developments within walking distance. You’re not going to find a more affordable restaurant in a better location. At $1,912.50 per month for a restaurant in this good of shape, this is a MUST SEE opportunity!
Support & Training:
This opportunity is a conversion. 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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Demographic Information

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