
Lakewood, Colorado (Jefferson County)
Asking Price: $174,995
Inventory: $20,000
Gross Revenue: $371,401
Cash Flow: $136,978
Business Description
Local neighborhood bar located just off West Colfax Avenue. Long established bar with a rich history over 40+ years. Loyal bar patrons. Property is available for the right buyer. Busy area near many businesses, residences, and apartment complexes. Current owner invested over $150K in improvements over the past 2 years. Newly renovated inside and out with new:
* Floors, bar tops, bathrooms, furniture (tables/chairs, etc), freezer, cooktop, fryer, cooler, sign, exterior, asphalt; lots more!
Large space measuring in at 2,500 square feet; 1,500 upstairs (bar/patio area) and 1,000 downstairs (kitchen, coolers, storage). Equipped with a full kitchen; new equipment within the last 2 years. This is a great opportunity for a new owner to take control of this bar and capitalize on the new improvements.
Detailed Information
- Established: 1955
- Real Estate: Owned
- Building Sq. Ft.: 2,500
- Employees: 8
- Financing: SBA loan with 30% down to a well qualified buyer
- Support & Training: As needed for a smooth transaction
- Reason for Selling: Other business opportunities
For more information please contact:
Michael Nuanes
12687 West Cedar Drive, Suite 320
Lakewood, Colorado 80228
Telephone: (303) 472-3703
Email: [email protected]