Title: Urban Cafe | Industry: Restaurant | Location: North West Denver
Asking Price: $250,000 | Inventory/FFE: $113,000 (Included in Price)
Gross Revenue: $614,122 | Cash Flow: $48,000 (owner’s annual salary)
Lease: $3,500/month (term 3 to 5 Years) | Real Estate: Owned, Negotiable
Established Urban Café in North West Denver
- The Potential: Become the next “Top Chef” and owner of a landmark eatery.
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. The current owner does not work as the chef or bartender but still takes home $48,000 per year. The main chef earns between $40,000 to $50,000 per year. The buyer could replace the chef and become the main chef and combine the owner’s salary and chef salary up to $100,000 per year. Are you ready to earn $100,000 per year as the next Top Chef in North West Denver? Learn more about this amazing opportunity to live out your dreams.
- A Sound Investment
Travelers and regulars come to this delicious breakfast and lunch spot for its welcoming atmosphere and outstanding food and drinks. It 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?
- Great Location, Location, Location!
The restaurant sits in a beautifully renovated historic building with mixed residential and commercial usage. The highly visible restaurant sits on two main streets and invites 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 coffeehouse-style bar for serving espresso drinks, smoothies, and alcoholic beverages. This restaurant will accommodate 13 tables, 26 guests on the inside and another 8 tables, for 16 guests on the outdoor patio.
- 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 for the day-to-day hustle and bustle of a café.
- The potential for Higher Revenue
The menu currently focuses on coffee drinks, egg dishes, and sandwiches. By adjusting the menu, operating hours, and increasing alcohol sales, new owners could significantly increase cash flow.
Turn Key-operation but still, owner operated. 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.
Are you ready to buy this amazing opportunity and earn cash flow on day one? Contact Voyage Business Brokers and get started today!
*Disclaimer: Listing Information displayed is usually deemed reliable but is NOT guaranteed accurate by Denver Business Brokers Intermediaries. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.