Family ran Turkish restaurant available in Aurora!

Asking Price: $149,000

Inventory: $5,000

Equipment: $80,000

Gross Revenue: $250,000

Cash Flow: $50,000


Business Description

Family ran Turkish restaurant available! The 1,500 square foot restaurant sits on the corner of a strip mall along a major road and it completely set up for COVID social distancing. POS System in place and a well equipped kitchen included in the purchase price. Proforma gross income of $520k in 2019 but lower numbers in 2020 due to COVID and being closed for 3 months. This location is primed for $500k+ gross revenue and maintained 30% profit margins that the store currently reports. Rent is $21 / square foot and averages at a low $29 / square foot when including the triple net lease. The prime location and low rents will help this restaurant sell fast!

This Turkish Cuisine is a family-owned restaurant with over 20 years of cooking experience in Turkey. It’s well known in the community for authentic Turkish food. The space can be converted into a different style of restaurant knowing it has a solid kitchen for most food prep needs.

Lease Term: Assignable

Rent: $3,650/month

Hours of Operation: Monday – Saturday 11:00am – 7:00pm

Owner Involvement: Owner and family are the employees.

Staff: 4 FT – The store’s employees include four full-time employees. The staff members are responsible for cooking, waiting on tables, cashiering, stocking, customer support, cleaning, and other various tasks as needed.

Reason for Selling: Moving

Real Estate: Leased
Support & Training: As needed for a smooth transaction.
Area: 1500 Sq Ft
Location: Aurora

For more information please contact:

Listing Broker: Johnny Brokken

Business Brokerage Services LLC
7651 Shaffer Parkway Suite B2
Littleton, Colorado 80127

Please visit https://businessbrokerageservicescolorado.com/bars-breweries-and-restaurants/ to sign NDA & get more information about this listing.