(PRICE SLASHED!) Italian Restaurant-Profitable, Established, Growing

Denver, CO (Denver County)

Seller Financing Available
Old World Italian Charm
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Asking Price: $425,000

Cash Flow: N/A

Gross Revenue: $1,950,000

EBITDA: N/A

FF&E: N/A

Inventory: N/A

Rent: $5,200 /Month

Established: 2012

(PRICE SLASHED!) Italian Restaurant-Profitable, Established, Growing

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Business Description

Manager/Owner or Absentee, a great return on investment!

(Temporary Price Slash only good until July 21st, cash deal and no carry of buyer, price is firm! The heat has the owner wanting to retire. Previously listed at $678,000. Save over $250,000 and get this great deal now!) This establishment is a treasure for Denver providing Classic and Mediterranean Italian fare with monthly chef-inspired creations to keep it moving forward. Single location with favorable lease in a growing population area. At least 4 high-rise residential buildings under construction in the area ensure long-term patronage. Almost runs itself with long-term employees and deep restaurant knowledge.

Confirmed qualified buyers will receive full business information through a non-disclosure process designed to protect the patronage and employees. Please contact broker for more information at 720-775-7955.

Detailed Information

Location:
Denver, CO
Real Estate:
Leased
Building SF:
2,600
Lease Expiration:
7/1/2028
Facilities:
Sale includes developed client-base, expertise in recipes and techniques, all furniture, equipment, and inventory. Building is leased with gracious landlord. Location is South East of downtown Denver.
Competition:
On a very busy corridor, excellent exposure. Known as a destination by locals, travelers, and famous patrons.
Growth & Expansion:
Rapid growth over last 4 years.
Financing:
Owner may carry up to $100,000 for qualified buyer.
Support & Training:
2 months transitional training offered.
Reason for Selling:
Retirement
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Business Listed By:
Broker - TR

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