Arvada, Co. Sports Bar and Grill for Sale with sales of almost $1.2M!

Jefferson County, CO
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Asking Price:$199,000
Gross Revenue:$1,181,900
Established Year:2015
Cash Flow:$34,710
Rent:$9,918/Month
BUSINESS DESCRIPTION

Profitable Sports Bar and Grill for Sale in Arvada, Co with sales of almost $1,2M in 2023 It underwent a complete remodel in late 2022. Ready for a new owner-operator to rebrand and take it to the next level?
This popular Sports Bar and Grill for Sale is located in a busy strip center with high traffic counts and great demographics. It has great signage, access, and visibility. The interior seats 100 with an additional 20 at the bar and a nice outdoor seating area for an additional 25. The place is covered in recently purchased flat-screen TVs and features all the major sports packages as well as special pay-per-view events. It has an open dining room that is tastefully decorated with sports memorabilia and a large, well-set-up bar.
The fully equipped Bar and Grill for Sale offered by We Sell Restaurants has it all; including a walk-in cooler, fryers, grill, oven, pizza oven, and plenty of both hot and cold storage. Currently serving a wide variety of breakfast, lunch, and dinner favorites, great burgers, pizza, and the full spectrum of pub food. It would support nearly any concept quickly and inexpensively. The large, well-trained staff is in place and the Sellers would provide a negotiated period of training. It is currently 100% absentee and needs an experienced owner/operator to guide the business to even higher sales and profits.
The current lease is at $9,918 per month (including all NNN) putting your occupancy cost below the 10% threshold. The new Buyer of this Bar and Grill for Sale may have the ability to negotiate a new lease getting free rent and/or tenant improvement funds.
This Seller of this Bar and Grill for Sale is very concerned about confidentiality and has asked the Broker to make sure any Buyers sign the online Confidentiality Agreement and provide proof of ability to purchase in the amount of, at least $100.000 liquid. We Sell Restaurants does have a lender that would lead into this deal for applicants with a credit score of, at least 680.
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DETAILED INFORMATION
Location
Jefferson County, CO
Inventory
Not Included in asking price
Real Estate
Leased
Building SF
3,288
Lease Expiration
30/06/2027
Employees
25
Facilities
Available on request
Competition
Attractive outside patio is a very busy strip center
Growth & Expansion
Concept is proven and ready to expand
Support & Training
TBN
Reason for Selling
Other
Franchise
This business is an established franchise
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Bob
Steinberger
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Bob Steinberger