Independent Restaurant for Sale - Near 6 Figure Earnings!

Weld County, CO

Independent Restaurant for Sale - Near 6 Figure Earnings!
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Asking Price: $315,000

Cash Flow: $99,341

Gross Revenue: $736,451

EBITDA: N/A

FF&E: N/A

Inventory: N/A

Rent: $3,696 /Month

Established: 2004

Independent Restaurant for Sale - Near 6 Figure Earnings!

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Business Description

Independent Restaurant For Sale In Weld County, CO. Top end sales were over $700,000 last year and 2019 is projected to be even better! An owner operator can take home nearly six figures as the owner pocketed just under $100,000 last year operating only 5 days a week! This is a must see for anyone looking for a profitable business.
This restaurant for sale is cranking out strong earnings, has a great longstanding reputation, and excellent books, making this one ready for lending right away! Sales of $736,000 on the tax returns delivered $97,000 to the bottom line for an owner operator. Bring just 20% down on this purchase price and We Sell Restaurants will have you approved for lending in 72 hours.
This long-established restaurant is open 5 days a week with 2 consecutive days off in a row. Two days off which allows a new restaurant owner to establish and learn or have a seasoned business owner to expand hours as desired to bring in increased potential sales through the year for this restaurant for sale.
The dining area comfortably seats 60 at this restaurant for sale. Customers can sit at one of the tables or they can take a seat at the bar. This restaurant provides a warm, pleasant atmosphere for the diners. The bar is equipped with draft beer direct draws with 6 taps and there is a full liquor license! The kitchen was custom built with high end equipment that has been well maintained over the years.
Along with lunch and dinner service provided, this restaurant for sale offers carry out and catering services bringing in additional growing revenue each year. There is a seasoned staff in place and the current owner will provide two weeks of free training to make this a seamless transition for a new owner.
This highly visible restaurant for sale is central to the Northern Colorado Growth. Weld County is home to 318,000 residents and this restaurant sits in an area with a population of 31,000 and a median Household income of $86,410. With the unprecedented growth over the last several years and the forecast of continued growth in the area this place is a great find.
Do not miss this opportunity to own a well-established, well run restaurant!

Detailed Information

Location:
Weld County, CO
Real Estate:
Leased
Building SF:
2,400
Lease Expiration:
9/30/2024
Employees:
13
Facilities:
Schedule 1 Equipment list Bar and liquor custom rack 2 custom metal palm trees Custom bar 60 inch 3 compartment sink Jockey fox Beverage Air back bar storage cab Beverage Air draft beer direct draw with 6 taps Beverage Air Beer equipment shallow depth back bar display 8 Four top tables 6 two top tables 50 Dining Chairs 11 Bar Chairs 15 extra chairs dining Custom wall Aquarium Salt H2O 225 Gallon Custom Wall 4 Hawn Historic Pictures Bose Stereo Speaker system Aloha Pos System Monitor 1 with cash drawer Monitor 2 3 Printers 2 thermal 1 kitchen Back of the house main computer and monitor 16 Foot Hood True Pizza prep table one top lift with 2 doors Wolf Super Charbroiler 36 inch wide Wolf Commander Heavy Duty sectional range 6 burner Convection oven 24 inch flat top Henny Penny Open Fryer Southern Pride Smoke Chef Smoker 3 Stainless Work Tables varying sizes Hatco Glo-Ray Food Warmer Stand Mounted Aerohot Steamtable hot food unit electric seal well 3 top Delfield 2 door 6000xl refrigerator glass reach in Delfield 2 door stainless steel table top Delfield 2 door stainless steel freezer 2 door Veggie prep sink 2 Zojirushi 50 cup rice cooker 2 Town rice warmers Microwave Hoshizaki modular crescent cuber ice machine Hoshizaki ice bin Mannitowic Ice machine 3 compartment dish sink Dishmachine with 2 sprayers Beverage Air Stainless steel 3 door reach in Koch 6 door stainless reach in Bizerba Stainless Steel slicer Stainless Steel Work Table Frigidaire Freezer chest Hobart Mixer and Stand Hobart Buffalo Chopper
Competition:
Customer loyalty Central to Northern Colorado Growth Highly Visible and established
Growth & Expansion:
Town is continuing to grow Currently limited hours that can be expanded on
Support & Training:
2 weeks and negotiable if need longer
Reason for Selling:
Relocation
Business Website:
http://www.wesellrestaurants.com
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Jeff Marcus

Business Listed By:
Jeff Marcus

We Sell Restaurants

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Sponsoring Broker:
Eric Gagnon

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