Location: Golden, Jefferson County, Colorado
Industry: Fast Casual Restaurant
Listing ID: #581744
Colorado Business Brokers is presenting this breakfast/lunch restaurant for sale in the Denver West area of Golden, Colorado. The business is an independent, franchise-style, “fast-casual” concept that has successfully established itself in this unique niche. Located in the middle of a high-growth area, it is ready for the next entrepreneur to grow the concept further.
Its specialty is a unique set of premium soups, salads and sandwiches. With customer dietary needs becoming more complex, it is well suited to capitalize on this growing consumer category. This is a year-round quick-serve restaurant that can be left alone to grow as an individual entity or used as a prototype for future expansion.
The business leases about 1,174 sq. ft. of shopping center space with an awesome kitchen facility with seating to accommodate 34 patrons. The improvements include a complete package of modern equipment in a smartly designed layout.
Golden is an ideal lifestyle-rich community, part of the Denver Metro area, in the foothills of Colorado’s Rocky Mountain Front Range. It has a high per-capita income, award-winning schools and incredible amenities. Golden is also one of Colorado’s fastest growing communities and is part of the Jefferson County market. This area is considered by many as one of the best locations in the Denver metropolitan area for expansion. Golden offers an enriching multi-faceted community experience to local residents and tourists alike. To learn more about the area, please visit the Golden Chamber of Commerce online at www.GoldenChamber.org
This restaurant is currently open only from 7:30AM to 3PM Mondays through Fridays and 8:30AM to 3PM on Saturdays, ideally creating a work/life balance for a new owner, while still profitable.
The up-side opportunity here is huge. Current sales growth is healthy, but change is creating additional opportunities for a new owner to explore. A new owner could pursue catering opportunities for the hundreds of nearby businesses, add a dinner shift or expand to additional locations.
A complete Offering Summary description of the opportunity and complete financials for this business is available to qualified, registered buyer prospects through the broker.
Total Sales: $340,000
Cash Flow: $65,000
FFE: $40,000 (Included in Price)
Inventory: $5,000 (Included in Price)
Reason For Sale:
Seller owns two businesses and has decided that two is one too many.
Training & Support:
Owner will Train.
Year Established: 2011
Days & Hours of Operation: Mon - Sat for Breakfast and Lunch Only
Square Footage: 1,174 sq.ft.
Beautiful and creative storefront location. Over $200,000 spent in 2011 to build. 34-seats, modern, stainless kitchen, never-been-used grease trap, new P-O-S system, 2 public restrooms, spotless condition!
There is plenty of restaurant competition, and always has been. This restaurant, however, has made a reputation for its unique menu and its central location makes catering easier.
There is an opportunity here to either keep the business profitable as is, or go ahead and grow it beyond its current market. The business was set up to serve as a franchise prototype. The owner never expanded, but the concept is a winner.
Seller Financing Possible: $69,750, 8%, 3 yrs.