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Address Not Available By Request

CO
  • $350,000
  • STATUS: Active
  • ON SITE: 123 Days
  • ID#: 3068580
UPDATED: 84 min ago
$350,000
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 2,370
    SQFT
  • $148
    $/SQFT
Type:
Business Opportunity
County:

School Ratings & Info

REcolorado logo Offered by Rnc Real Estate Group.

Description

Established Thai restaurant in Douglas County (South Denver Metro area) with $860k annual sale income, transferable liquor license, great customer base and customer reviews. Completely turnkey restaurant and fully equipped. This 2,370-square-foot restaurant has been in operation for over 2 years. There is a potential sale growth as they have experienced increased revenue year-over-year, even during pandemic. This restaurant business is currently set up as a Thai restaurant, but you possibly can turn it into different concept, too. The business sale also comes with transferrable liquor license, 1 month of training. Inventory is Not included. Seating capacity is about 74 seats inside and 8 outside. Located in a growing economic area and close to many commercial sites (eg. Hospital and medical centers, offices, home improvement store, car dealership, etc.) and residential areas. Currently the restaurant opens 6 days a week and closes on Sunday. New owner may choose to open 7 days a week to increase sales and profits. The current owners invested about $230k in purchasing the restaurant from previous owner, did a major cleaning, remodeling from new flooring throughout, new cook line equipment, closed off the kitchen from dining area, added bar area, new lighting, new drink station, new POS System, new painting, and etc., into this charming restaurant and now they are ready to retire giving new owners a great start. The kitchen is fully equipped for all your restaurant needs with two of 8' kitchen hoods, grease trap, walk-in cooler, a freezer, 10-burner stove, fryer, 3-hole work range, cold preparation stations, meat slicer, cooking & serving wares, etc. Ample parking. The space has about 2 years left on the lease with option to renew. Monthly Base Rent and NNN are $5223.88 and $3432.55, consecutively. Qualified buyers could be approved for unsecured lending with one of our lending partners.

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Licensed in the State of Colorado, USA

The content relating to real estate for sale in this Web site comes in part from the Internet Data eXchange (IDX) program of METROLIST, INC., DBA RECOLORADO®. Real estate listings held by brokers other than Keller Williams Realty Success | The Scott Futa Home Team are marked with the IDX Logo. This information is being provided for the consumers’ personal, non-commercial use and may not be used for any other purpose. All information subject to change and should be independently verified.

1. This publication is designed to provide information regarding the subject matter covered. It is displayed with the understanding that the publisher and authors are not engaged in rendering real estate, legal, accounting, tax, or other professional services and that the publisher and authors are not offering such advice in this publication. If real estate, legal, or other expert assistance is required, the services of a competent, professional person should be sought.

2. The information contained in this publication is subject to change without notice. METROLIST, INC., DBA RECOLORADO MAKES NO WARRANTY OF ANY KIND WITH REGARD TO THIS MATERIAL, INCLUDING, BUT NOT LIMITED TO, THE IMPLIED WARRANTIES OF MERCHANTABILITY AND FITNESS FOR A PARTICULAR PURPOSE. METROLIST, INC., DBA RECOLORADO SHALL NOT BE LIABLE FOR ERRORS CONTAINED HEREIN OR FOR ANY DAMAGES IN CONNECTION WITH THE FURNISHING, PERFORMANCE, OR USE OF THIS MATERIAL.

3. PUBLISHER’S NOTICE: All real estate advertised herein is subject to the Federal Fair Housing Act and the Colorado Fair Housing Act, which Acts make it illegal to make or publish any advertisement that indicates any preference, limitation, or discrimination based on race, color, religion, sex, handicap, familial status, or national origin.

4. METROLIST, INC., DBA RECOLORADO will not knowingly accept any advertising for real estate that is in violation of the law. All persons are hereby informed that all dwellings advertised are available on an equal opportunity basis.

5. ALL RIGHTS RESERVED WORLDWIDE. No part of this publication may be reproduced, adapted, translated, stored in a retrieval system or transmitted in any form or by any means, electronic, mechanical, photocopying, recording, or otherwise, without the prior written permission of the publisher. The information contained herein including but not limited to all text, photographs, digital images, virtual tours, may be seeded and monitored for protection and tracking.

REcolorado logo © 2023 METROLIST, INC., DBA RECOLORADO® – All Rights Reserved 6455 S. Yosemite St., Suite 500 Greenwood Village, CO 80111 USA

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Address Not Available By Request CO

  • Price: $350,000
  • Status: Active
  • On Site: 123 Days
  • Updated: 84 min ago
  • ID#: 3068580
0
Beds
0
Baths
0
½ Baths
N/A
Acres
2,370
SQFT
$148
$/SQFT
County:
Douglas
Property Description
Established Thai restaurant in Douglas County (South Denver Metro area) with $860k annual sale income, transferable liquor license, great customer base and customer reviews. Completely turnkey restaurant and fully equipped. This 2,370-square-foot restaurant has been in operation for over 2 years. There is a potential sale growth as they have experienced increased revenue year-over-year, even during pandemic. This restaurant business is currently set up as a Thai restaurant, but you possibly can turn it into different concept, too. The business sale also comes with transferrable liquor license, 1 month of training. Inventory is Not included. Seating capacity is about 74 seats inside and 8 outside. Located in a growing economic area and close to many commercial sites (eg. Hospital and medical centers, offices, home improvement store, car dealership, etc.) and residential areas. Currently the restaurant opens 6 days a week and closes on Sunday. New owner may choose to open 7 days a week to increase sales and profits. The current owners invested about $230k in purchasing the restaurant from previous owner, did a major cleaning, remodeling from new flooring throughout, new cook line equipment, closed off the kitchen from dining area, added bar area, new lighting, new drink station, new POS System, new painting, and etc., into this charming restaurant and now they are ready to retire giving new owners a great start. The kitchen is fully equipped for all your restaurant needs with two of 8' kitchen hoods, grease trap, walk-in cooler, a freezer, 10-burner stove, fryer, 3-hole work range, cold preparation stations, meat slicer, cooking & serving wares, etc. Ample parking. The space has about 2 years left on the lease with option to renew. Monthly Base Rent and NNN are $5223.88 and $3432.55, consecutively. Qualified buyers could be approved for unsecured lending with one of our lending partners.
Property Features

Association Fee Annual 0.00 Association Fee Total Annual 0.00 Association Fee2 Annual 0.00 Association Fee3 Annual 0.00 Business Type Restaurant Gross Income 856000 Income Includes Beer/Wine/Liquor SalesFood/Non-Alchoholic Beverage Sales Labor Information Non-Union Lease Amount 8667 Lease Amount Frequency Monthly Lease Expiration 2025-08-31 Lease Renewal Option YN Yes Net Operating Income 473500 Ownership Type Corporation

REcolorado logo Listing courtesy of Rnc Real Estate Group:discovercoloradohomes@gmail.com,303-883-2424. MLS #3068580


Licensed in the State of Colorado, USA

The content relating to real estate for sale in this Web site comes in part from the Internet Data eXchange (IDX) program of METROLIST, INC., DBA RECOLORADO®. Real estate listings held by brokers other than Keller Williams Realty Success | The Scott Futa Home Team are marked with the IDX Logo. This information is being provided for the consumers’ personal, non-commercial use and may not be used for any other purpose. All information subject to change and should be independently verified.

1. This publication is designed to provide information regarding the subject matter covered. It is displayed with the understanding that the publisher and authors are not engaged in rendering real estate, legal, accounting, tax, or other professional services and that the publisher and authors are not offering such advice in this publication. If real estate, legal, or other expert assistance is required, the services of a competent, professional person should be sought.

2. The information contained in this publication is subject to change without notice. METROLIST, INC., DBA RECOLORADO MAKES NO WARRANTY OF ANY KIND WITH REGARD TO THIS MATERIAL, INCLUDING, BUT NOT LIMITED TO, THE IMPLIED WARRANTIES OF MERCHANTABILITY AND FITNESS FOR A PARTICULAR PURPOSE. METROLIST, INC., DBA RECOLORADO SHALL NOT BE LIABLE FOR ERRORS CONTAINED HEREIN OR FOR ANY DAMAGES IN CONNECTION WITH THE FURNISHING, PERFORMANCE, OR USE OF THIS MATERIAL.

3. PUBLISHER’S NOTICE: All real estate advertised herein is subject to the Federal Fair Housing Act and the Colorado Fair Housing Act, which Acts make it illegal to make or publish any advertisement that indicates any preference, limitation, or discrimination based on race, color, religion, sex, handicap, familial status, or national origin.

4. METROLIST, INC., DBA RECOLORADO will not knowingly accept any advertising for real estate that is in violation of the law. All persons are hereby informed that all dwellings advertised are available on an equal opportunity basis.

5. ALL RIGHTS RESERVED WORLDWIDE. No part of this publication may be reproduced, adapted, translated, stored in a retrieval system or transmitted in any form or by any means, electronic, mechanical, photocopying, recording, or otherwise, without the prior written permission of the publisher. The information contained herein including but not limited to all text, photographs, digital images, virtual tours, may be seeded and monitored for protection and tracking.

REcolorado logo © 2023 METROLIST, INC., DBA RECOLORADO® – All Rights Reserved 6455 S. Yosemite St., Suite 500 Greenwood Village, CO 80111 USA

 
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REcolorado logo Offered by Rnc Real Estate Group.