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- RE: Colorado Turn Key Fast Casual Restaurant
- Contact: Elena Moore
Quick Facts
Asking Price: | $195,000 | |
Annual Revenue: | $398,917 | |
Net Profit: | Not Disclosed | |
Cash Flow: | $39,892 | |
Total Debt: | Not Disclosed | |
FF&E: | $50,000 | |
Real Estate: | Not Disclosed | |
Year Established: | 2012 | |
Employees: | 9 | |
BBN Listing #: | 978838 | |
Broker Reference #: | 7504-18584 |
Business Overview:
If you've ever wanted to run your own turn-key fast casual restaurant in a busy college location with a full liquor license, this is your opportunity! This well-established business has a strong twelve year history with a loyal customer base and a well-built track record of sales. Profitable and well-established, it's perfect for aspiring restaurateurs or investors.
Revenues for 2024 and 2025 are projected to be higher due to the restaurant relocating to a new building. Please contact the broker for more information. Revenue stated for 2024 is for the trailing twelve months of income. They moved to a busier location earlier this year and food prices have gone down and there does not need to be as much staff at the new location. Â
* Full liquor license transferable to new owner
* Across the street from a busy university with 20 years of control
* Currently, 5 year lease with 3 five year options transferable to new owner
* Recipes included as well as all BOH and FOH procedures solidly in place
* Established trademarks, website with online ordering and social media
* Open 7 days a week
* General Manager with 10 years in the business and full staff in place
* Current owner will provide support for the first 12 months to the new owner
* Owner financing available at 3% interest for a 3 year term with a 25% down payment
* Hundreds of Google and Yelp reviews over 4.5 rating
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Property Features and Assets:
Located in the heart of a large university district, you couldn't ask for a better spot. Just the right size to catch busy college students on the go, it's perfect for a fast casual grab and go concept. There is currently a 5 year lease in place with 3 five year options that are transferable to the new owner.Â
Assets = $80,000
Market Competition and Expansion:
* Catering is currently less than 5% of total revenue but could be over $100,000 per year.
* Marketing is only grass roots word of mouth and minimal social media.
* Adding a food truck to visit local venues would bring in an extra stream of revenue.Â
* A new owner with a culinary background can expand the menu, adding their own touch.
* A new owner with a bar background could also expand the bar offerings and specials.
* Online 3rd party delivery is currently 10% of total revenue but could be expanded to 20% with proper marketing.Â
* By expanding the morning hours, the new owner could offer breakfast.Â
Reason for Selling:
Absentee owner focusing on different ventures.Additional Details:
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
Relevant Links:
- View more Colorado businesses for sale
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