0 Denver Area Mexican Restaurant For Sale - $500K EarningsMorrison, CO 80465

For Sale
$1,500,000

Established eatery, high earnings, strong lease.

Overview

Added:
Dec 11, 2024
Days on market:
91
This thriving Mexican restaurant, located in Morrison, Colorado, presents a unique investment opportunity. Boasting over 20 years of operation and a loyal customer base, this well-established business generated over $2.5 million in net sales in 2023, with a seller discretionary earning of $500,000. The 2,000 square foot restaurant features a full-service dining room with seating for over 100 guests, plus an expansive patio accommodating another 100, for a total capacity of 220. The fully equipped kitchen includes a walk-in cooler and freezer, 8-burner range with ovens, tilt skillet, flat-top grill, and more. A comprehensive POS system is in place. The current lease extends to February 28, 2035, with two five-year renewal options. The restaurant is currently absentee-owned and operated, with experienced management already in place. SBA lending is available for qualified buyers. This turnkey operation offers significant growth potential through catering and third-party delivery services. The restaurant's prime location in Jefferson County, just 15 miles from Denver, ensures consistent customer traffic. This is an exceptional opportunity for an experienced restaurateur seeking a profitable, established business with a long-term lease. The current owner is retiring, creating a seamless transition for a new owner to continue the legacy of this beloved local favorite.

Highlights

  • Established Mexican restaurant in Morrison, CO, generating over $2.5M in annual sales and $500,000 in Seller Discretionary Earnings (SDE) in 2023.
  • 2,000 sq ft space with seating for 220 (120 inside, 100 patio), fully equipped kitchen, and POS system.
  • Lease through February 2035 with two 5-year renewal options; monthly rent is $25,682.
  • Absentee-owned, with experienced management in place; SBA financing available.
  • Prime location in Jefferson County, 15 miles from Denver, offering significant growth potential through catering and third-party delivery.

Property Details for 0 Denver Area Mexican Restaurant For Sale - $500K Earnings

Property type
Other retail properties, Restaurants
Square Feet
2,000 SF
Year Built
1979

Location Insight

City
Morrison
County
Jefferson
State
Colorado
Latitude
39.5979553
Longitude
-105.2077798
Denver Area Mexican Restaurant For Sale - $500K Earnings, Morrison, Colorado

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0 Denver Area Mexican Restaurant For Sale - $500K Earnings
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