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Businesses For Sale > Business For Sale in Northern Colorado, Colorado (CO)

Fully Equipped Restaurant In Northern Colorado for sale in Northern Colorado, CO

Northern Colorado, Colorado (CO)

Asking Price: Gross: Cash Flow:
$ 90,000 $ 430,000 Undisclosed

Furniture and Fixtures Value:
$ 78,700 (included in the asking price)

Inventory Value:
$ 20,000 (included in the asking price)

Business Summary:
This 2,200 square foot restaurant is in the heart of a growing Northern Colorado city. The restaurant currently only serves dinner. However, it is ideally situated for lunch, Sunday brunch, etc. Although the restaurant is surrounded by apartments and businesses, less than 1% of sales is delivery.The restaurant has approx. 86 seats at 23 tables. In addition, there are 4 seats at the bar and another 12 on the patio. The restaurant has a separate dining area that would be ideal for private parties and business meetings.The current owner does not work in the business. This is an excellent opportunity for an experienced person to build on the strong dinner business.Revenues: $425,000Food: 74.4% of sales Alcohol: 24.1%Rent: 3.6% of salesAsking: $110,000 + inventory (approx. $20,000) Donít miss out on the SBA making your first 6-months loan payments for you. Act now and close by September 27th. Rates are lower than ever.

Year Business was Established: 2015
Number of Employees: 3FT/15PT  
Owner willing to train: Yes  
Reason for selling: Other business interests  
Seller Reference Number: 4121-LA Listing Number: 243801