Urban Cafe Denver - North West

Denver, CO (Denver County)

Seller Financing Available
Urban Cafe Denver - North West
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Asking Price: Get Financing: $250,000

Cash Flow: $48,000

Gross Revenue: $614,000

EBITDA: N/A

FF&E: N/A

Inventory: N/A

Real Estate: N/A

Established: 2004

Urban Cafe Denver - North West

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Business Description

The Opportunity
Become the next “Top Chef” and the owner of a landmark eatery.

A Sound Investment
Absentee owner annual salary is $48,000. Owner Operator annual salary could be more than $90,000. Business travelers, neighborhood regulars, and destination diners come to this delicious breakfast and lunch spot for its welcoming atmosphere and outstanding food and drinks. Visitors, including tourists, is a growing demographic for this location.

The cafe has nearly 600 online reviews across various platforms including Google, GrubHub, TripAdvisor, Facebook, and Yelp, with the average ranging up to four and a half stars. The current owners spent thirteen years building a thriving business, but now wish to retire. Are you ready to take it to the next level of success?

Famous Menu
Popular local publications, like 5280 and the Denver Post, give rave reviews about the brunch cocktails, fresh food and premium coffee beverages. The Denver Post ranked one brunch cocktail as number one in Denver for its category. The menu includes breakfast, brunch, and lunch with egg dishes, hashes, grits, sandwiches, signature salads and soups. Specialty cereal dishes, granola, and fresh fruit combinations provide healthy and vegan options.

Great Location, Location, Location!
The restaurant sits in a beautifully renovated historic building with mixed residential and commercial usage. The location is a preeminent corner location in the city, inviting an abundance of both car and foot traffic. There is also a bus stop half of a block away. The area has
mixed urban zoning with low-rise apartments, houses, and boutique shops and restaurants. The downtown hub is only minutes away and includes stadiums, universities, and museums. The current owners prefer to lease the real estate but will consider selling it.

Well-developed Space
The restaurant is 990 square feet. The back of the house includes a full commercial kitchen, with ample workspace for several cooks to cooperate efficiently. The front of the house is tastefully decorated and includes a European style bar for serving alcoholic beverages, smoothies, and espresso drinks. The orientation of the dining area provides a perfect blend of morning sun and afternoon shade. The dining room gets natural ambient light from the southeast all day, while the patio is shaded from the afternoon sun. This inside dining area has 10 tables and six bar seats. The charming outdoor patio has another eight tables with space for 16 guests.

Included Assets:
-Well- maintained, commercial grade coffee and kitchen equipment
-Valid liquor license
- All “blue sky” assets such as logo, recipes, systems, name, vendor
relationships etc.
-Excellent reputation
-Well-trained and experienced cooks, baristas, and other staff.
-Everything needed to operate efficiently the day-to-day hustle and
the bustle of a café.

The Potential for Higher Revenue
By adjusting the menu, operating hours, and increasing alcohol sales, new owners could significantly increase cash flow. A new owner could decrease discretionary operating costs. A third party accountant completed a thorough valuation, so prospective investors will understand liabilities, cash flow, profit margins, and growth opportunities.

Support and Training
Owners are willing to assist new ownership with the transition (up to 6 months), which would include training and consultation services.

A Catalyst for Improvement
The owners were some of the first to recognize, and invest in, the revitalization of North West Denver. For almost fifteen years, this café contributed to the success of the area. While maintaining their roots, the café continued to adapt to the current tastes of Denver urbanites. The neighborhood continues to flourish and attract new investors and upscale residences. In fact, the community is becoming a culinary destination among foodies.

The Ideal Buyer
The ideal buyer would have significant urban restaurant experience. Buyers with restaurant and/or cooking experience may be able to increase profits by reducing labor costs.

Detailed Information

Inventory:
Included in asking price
Real Estate:
Owned
Building SF:
990
Employees:
5
Growth & Expansion:
Tremendous expansion opportunity for extended hours.
Financing:
To Be Determined
Reason for Selling:
Retirement
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Jay Spencer

Business Listed By:
Jay Spencer

Voyage Business Brokers

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