Profitable and Established European Restaurant - Low Rent
Asking Price: | $250,000 |
Gross Revenue: | $326,914 |
FF&E: | $75,000 |
Cash Flow: | $86,948 |
Inventory: | $6,500 |
Established Year: | 1996 |
Great Front Range Location
This is a rare opportunity to own a well-established, profitable European restaurant in the heart of beautiful Colorado Springs. With 28 years of history, this beloved restaurant has built a loyal customer base and a strong following, becoming a staple in the community. Situated in a highly desirable location, the restaurant enjoys the benefits of Colorado Springs' 300 days of sunshine each year, attracting both locals and visitors who love to soak up the sun on the spacious outdoor patio. The large space and outdoor patio also make it ideal for hosting private events, which have become a popular part of its business model.
The restaurant boasts a low rent of just $2,700 per month for an expansive 2,020 square feet of space, making it an excellent value for the location and size. The property is located in a safe, thriving neighborhood, ensuring a steady stream of foot traffic and a welcoming atmosphere for diners. The interior is in excellent condition, featuring a fully equipped commercial kitchen with a hood system, providing a turnkey operation for the new owner. Currently the business is operating five days a week, serving breakfast and lunch, a perfect opportunity to expand the hours, and expand the profits.
The restaurant operates with a scratch menu and kitchen, offering authentic European cuisine – Polish, Austrian, German, Hungarian – made from fresh, high-quality ingredients. This commitment to quality has earned the business a reputation for excellence and a devoted customer base. The business also holds a transferable liquor license, ready to go for the next owner.
In addition to its strong following and profitable operations, the restaurant comes with a full set of proprietary recipes that will transfer to the new owner, ensuring the continuity of the authentic European flavors that have made it so popular. The restaurant is highly rated, with glowing reviews that reflect its exceptional food and welcoming atmosphere.
With a growing customer base, a favorable lease, and a prime location, this business is positioned for continued success. Whether you're an experienced restaurateur or looking to enter the hospitality industry, this Polish restaurant offers a unique and lucrative opportunity. Don't miss your chance to own this profitable business in the vibrant Colorado Springs community known for its sunny weather and strong local support.
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