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Business For Sale

NEW UPSCALE MEXICAN BAR NEXT TO OUTBACK STEAKHOUSE

Attn: Paul Cascio
Denver, CO, USA
Listing #: 223119097
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Asking Price: $195,000 USD USA Dollars
Business for Sale Industry: Food & Beverage: Bars, Clubs, Nightspots  
Reason for Selling: Inexperienced Operator
Year Established: 2007
Yearly Revenues: $1,000,000
 

Business for Sale Overview:

A Fresh Mexican Bar and Grill at 16221 E. 40th Ave. in Gateway Park is being offered. It is all new as of about a year ago and has all the bells and whistles - a very well designed kitchen with walk ins, double hood, flat screen TVs, casual Mexican atmosphere with energy, etc. It occupies 4,000 Square Feet with large patio sharing parking with Outback Steak House. It is surrounded by new hotels including The Crowne Plaza Convention Hotel, Marriott, Country Inn and Suites, Homewood Suites, Hilton Garden Inn, Hyatt Place, Sleep Inn, Marriott Residence Inn, etc. – and hotel construction and announcements of new hotels continues. Cambria Suites is under construction. New office buildings also abound with Pro Logis HQ, Boeing, CAE Aviation Training, etc. as examples. Residential also continues to expand in this area – and the luxury Gateway Park Apartment community surrounding man made lakes is totally occupied by folks with expendable income. Just 10 minutes from DIA, this business has a Cabaret Liquor License and is operating with about $1,000,000 annual sales. The rent of $14,500 per Month requires sales more in the area of $2,000,000. This is that good a location and a professional operator should be able to produce at that level. This May Be The Most Vibrant Commercial Area In Colorado And This Business Occupies A Prime And Unique Central Location. The business is priced at $295,000 for quick sale.


Additional Details:

  • The property is leased.
  • The owner is willing to train/assist the new owner.
  • The owner is not willing to work for the new owner.
  • This is not a homebased business opportunity.
  • This is not a franchise resale opportunity.
  • This is not a distressed business or bankruptcy situation.

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