Turnkey Restaurant W/ Real Estate In Jefferson County

Description

BBQ restaurant and catering business for sale in Lakewood, Colorado.

The restaurant has operated from the same location for about 20 years.

The property includes a standalone building with approximately 1,110 sq. ft. of indoor space, plus about 600 sq. ft. of storage.

There is also a large outdoor patio, parking and proximity to Red Rocks.

The real estate covers approximately 0.67 acres and is offered for $1.3M.

The property is zoned Mixed Use Neighborhood Suburban.

The owner spends about 10 hours per week on oversight and catering coordination.

Three managers handle daily operations with support from the existing staff.

About 65% of revenue comes from dine-in and takeout sales, 30% from catering and 5% from liquor sales.

The business sale includes the brand, logo, website, social media accounts, recipes, rubs, smoking methods, catering systems and existing vendor and venue relationships.

A food truck valued by the seller at approximately $120,000 is also included and is not currently being used.

A buyer could put the food truck back into service, increase patio bar sales or add more catering work during the winter months.