Italian Restaurant for Sale Earning $139,000 $1.5 Million in Sales

Montclair, CO
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Asking Price:$399,000
Gross Revenue:$1,584,707
Established Year:2014
Cash Flow:$139,164
Rent:$15,000/Month
BUSINESS DESCRIPTION

Why go through the hassle of building a new location when you can save time and money by purchasing an existing, profitable Italian Restaurant for Sale located in Denver! This well-established business, with strong sales of $1.5 million and $139,000 in owner benefit in 2023, comes complete with a full liquor license and a loyal local following. With SBA financing available, this money-making opportunity is ready for you to take over and make your own.
This Italian Restaurant for Sale has been thriving since 2014 and is primed for a new owner to step in and continue its success. The current owner has built a business that brings in $1.5 million in annual sales, with $139,000 in owner benefit. This is your chance to take over a well-oiled machine and put your own stamp on it.
One of the key factors that make this Italian Restaurant for Sale such a success is its modern Italian ambiance. The light and airy atmosphere, combined with a large open kitchen and an extensive wine library, creates an inviting dining experience. The menu is a celebration of Southern Italian cuisine, offering in-house made pastas, sausages, gelato, and desserts. The restaurant also excels in wood-fire grilled dishes and homemade pizzas, all crafted with ingredients and cooking methods rooted in authentic Italian tradition.
The location itself is another advantage. With a monthly rent of $15,000 and 4,500 square feet of space, this Italian Restaurant for Sale is well-positioned for continued success. The initial lease term extends until 2029, with options available to extend further, providing stability and room for growth. We Sell Restaurants is here to help you navigate the leasing process, and show you how easy it is to become the next owner of this profitable restaurant in Denver!
Even better, this Italian Restaurant for Sale comes with an experienced staff already in place, so you can hit the ground running.
Financing shouldn't be a concern either, our lenders are ready to assist entrepreneurs like you in achieving your dreams or expanding your portfolio. This Italian Restaurant for Sale is an opportunity that won't last long, especially with the potential to increase hours and grow the business further.
The current owner is ready to retire, making this the perfect time for you to step in. Don't wait—bring your offer today and take the first step towards owning this successful Italian Restaurant for Sale. Contact the Restaurant Brokers to secure your offer and learn more about this exceptional opportunity.
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DETAILED INFORMATION
Location
Montclair, CO
Inventory
Not Included in asking price
Real Estate
Leased
Building SF
4,500
Lease Expiration
30/09/2029
Employees
20
Facilities
6 Burner Stove 8 Burner Stove Flat Top Gill 3 Compartment Sink Hobart Dough Mixer Other Dough Mixer Pizza Oven Blender Smallwares Misc Shelving Prep Tables Sheet Pan Racks Espresso/Latte Machine Pasta Cooker Ice Cream Machine Convention Oven Walk in Cooler Walk in Freezer Ice Machine 20 tables 40 chairs Seating for 100 people
Competition
a modern Italian restaurant known for its light and airy atmosphere, complemented by a large open kitchen and an extensive wine library. The menu features Southern Italian fare with a lighter touch, offering in-house made pastas, sausages, gelato, and desserts. The restaurant also specializes in wood-fire grilled dishes and homemade pizzas, with ingredients and cooking methods rooted in authentic Italian tradition.
Growth & Expansion
New Owner could increase hours if desired.
Reason for Selling
Retirement
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Tabby
Hemphill
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Tabby Hemphill