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Legacy Restaurant for Sale in Downtown Colorado Springs – Keep Concept

By wpengine 

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Asking Price
$99,000 The total asking price of the business for sale.
SDE
$49,984Seller's Discretionary Earnings (SDE) is a metric for determining the historical cash flow of a business. It is a recasting process that starts with the net profit of a business, from either the business tax return or the year-end income statement.

Industry

Restaurant and Food

Gross Revenue
Location

$623,217
Colorado Springs, Colorado

Business Description

Step into a prime downtown Colorado Springs location with this established restaurant opportunity. With over $620,000 in annual sales, a 15-year legacy, and a loyal following, this business offers strong potential for continued success. Buyers have flexibility—purchase the assets for $99K and bring your own concept, or acquire the brand, recipes, and full concept for $129K.

The space features a unique, high-quality buildout with seating for 75+ guests plus patio, a fully equipped bar with transferable liquor license, and a commercial kitchen complete with hood, grease trap, and walk-in cooler. The original brand concept has received national recognition on Food Network’s Diners, Drive-Ins and Dives, and includes proprietary recipes, social media presence, trademarks, and operational systems for a seamless transition if desired.

The 2,500 sq ft location offers a vibrant atmosphere in one of the most desirable areas of Colorado Springs. With rent around $6,000 all-in, an experienced team, and established systems, this is an excellent opportunity for an owner-operator or group looking to step into a proven location—or rebrand and create something new.

This business is listed exclusively with Nicole Yates of Atlas Business Brokers. To protect the privacy of the business and its employees, this opportunity is being offered on a confidential basis. Interested parties will be required to sign a Non-Disclosure Agreement (NDA) prior to receiving the business name, exact address, photos, and detailed financial information. Serious inquiries only.

Detailed Information
Internal ID
2738

Number of Employees
12

Year Established
2009

FF&E
$99,000

FF&E Included
Yes

Inventory
$10,000

Inventory Included
No

Real Estate Included
No

Additional Information
Reason for Selling

Retirement

Facilities & Assets

Completely furnished turnkey restaurant featuring a full-service dining area and a commercial kitchen equipped with essential amenities such as a hood, grease trap, walk-in cooler, multiple ranges, assorted refrigeration units, and more. Spans 2,425 square feet of interior space with an additional patio area.

Support & Training

Available

Market & Competition

There is truly no other Italian-Jamaican fusion cuisine, giving this restaurant a unique edge. Competition includes other casual, full-service dining establishments with a full bar, but pizza, burger and taco joints are a dime a dozen!

Growth & Expansion

Growth and expansion opportunities for the restaurant include expanding operating hours, hosting regular live music, offering late night dining and increasing bar sales. The restaurant currently closes nightly at 9:00 PM nightly and functions primarily as a family restaurant that is open for lunch and dinner. There is also a demand for catering and special events, which current ownership has chosen not to pursue. There is unlimited opportunity to expand by opening additional locations in Colorado Springs or other markets.

Listing Agent
Nicole Yates
More Information »

Contact Listing Agent


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Sign NDA

Email Listing

Asking Price
$99,000
SDE
$49,984

Industry

Restaurant and Food

Gross Rev.
Location

$623,217
Colorado Springs, Colorado

Business Description

Step into a prime downtown Colorado Springs location with this established restaurant opportunity. With over $620,000 in annual sales, a 15-year legacy, and a loyal following, this business offers strong potential for continued success. Buyers have flexibility—purchase the assets for $99K and bring your own concept, or acquire the brand, recipes, and full concept for $129K.

The space features a unique, high-quality buildout with seating for 75+ guests plus patio, a fully equipped bar with transferable liquor license, and a commercial kitchen complete with hood, grease trap, and walk-in cooler. The original brand concept has received national recognition on Food Network’s Diners, Drive-Ins and Dives, and includes proprietary recipes, social media presence, trademarks, and operational systems for a seamless transition if desired.

The 2,500 sq ft location offers a vibrant atmosphere in one of the most desirable areas of Colorado Springs. With rent around $6,000 all-in, an experienced team, and established systems, this is an excellent opportunity for an owner-operator or group looking to step into a proven location—or rebrand and create something new.

This business is listed exclusively with Nicole Yates of Atlas Business Brokers. To protect the privacy of the business and its employees, this opportunity is being offered on a confidential basis. Interested parties will be required to sign a Non-Disclosure Agreement (NDA) prior to receiving the business name, exact address, photos, and detailed financial information. Serious inquiries only.

Detailed Information
Internal ID: 2738

Number of Employees: 12

Year Established: 2009

FF&E: $99,000

FF&E Included: Yes

Inventory: $10,000

Inventory Included: No

Real Estate Included: No

Additional Information
Reason for Selling

Retirement

Facilities & Assets

Completely furnished turnkey restaurant featuring a full-service dining area and a commercial kitchen equipped with essential amenities such as a hood, grease trap, walk-in cooler, multiple ranges, assorted refrigeration units, and more. Spans 2,425 square feet of interior space with an additional patio area.

Support & Training

Available

Market & Competition

There is truly no other Italian-Jamaican fusion cuisine, giving this restaurant a unique edge. Competition includes other casual, full-service dining establishments with a full bar, but pizza, burger and taco joints are a dime a dozen!

Growth & Expansion

Growth and expansion opportunities for the restaurant include expanding operating hours, hosting regular live music, offering late night dining and increasing bar sales. The restaurant currently closes nightly at 9:00 PM nightly and functions primarily as a family restaurant that is open for lunch and dinner. There is also a demand for catering and special events, which current ownership has chosen not to pursue. There is unlimited opportunity to expand by opening additional locations in Colorado Springs or other markets.


Listing Agent
Nicole Yates
More Information »

Contact Listing Agent


  • This field is for validation purposes and should be left unchanged.
  • This field is hidden when viewing the form
  • This field is hidden when viewing the form
  • This field is hidden when viewing the form
  • This field is hidden when viewing the form
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Atlas Business Brokers
Aurora, CO
Phone: (303) 956-1910, Email: chris@atlasbrokers.net

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Legacy Restaurant for Sale in Downtown Colorado Springs – Keep Concept
https://atlasbrokers.net/listing/legacy-restaurant-for-sale-in-downtown-colorado-springs-keep-concept/
Asking Price
$99,000
SDE
$49,984

Industry

Restaurant and Food

Gross Revenue
Location

$623,217
Colorado Springs, Colorado

Business Description

Step into a prime downtown Colorado Springs location with this established restaurant opportunity. With over $620,000 in annual sales, a 15-year legacy, and a loyal following, this business offers strong potential for continued success. Buyers have flexibility—purchase the assets for $99K and bring your own concept, or acquire the brand, recipes, and full concept for $129K.

The space features a unique, high-quality buildout with seating for 75+ guests plus patio, a fully equipped bar with transferable liquor license, and a commercial kitchen complete with hood, grease trap, and walk-in cooler. The original brand concept has received national recognition on Food Network’s Diners, Drive-Ins and Dives, and includes proprietary recipes, social media presence, trademarks, and operational systems for a seamless transition if desired.

The 2,500 sq ft location offers a vibrant atmosphere in one of the most desirable areas of Colorado Springs. With rent around $6,000 all-in, an experienced team, and established systems, this is an excellent opportunity for an owner-operator or group looking to step into a proven location—or rebrand and create something new.

This business is listed exclusively with Nicole Yates of Atlas Business Brokers. To protect the privacy of the business and its employees, this opportunity is being offered on a confidential basis. Interested parties will be required to sign a Non-Disclosure Agreement (NDA) prior to receiving the business name, exact address, photos, and detailed financial information. Serious inquiries only.

Detailed Information
Internal ID
2738

Number of Employees
12

Year Established
2009

FF&E
$99,000

FF&E Included
Yes

Inventory
$10,000

Inventory Included
No

Real Estate Included
No

Additional Information
Reason for Selling

Retirement

Facilities & Assets

Completely furnished turnkey restaurant featuring a full-service dining area and a commercial kitchen equipped with essential amenities such as a hood, grease trap, walk-in cooler, multiple ranges, assorted refrigeration units, and more. Spans 2,425 square feet of interior space with an additional patio area.

Support & Training

Available

Market & Competition

There is truly no other Italian-Jamaican fusion cuisine, giving this restaurant a unique edge. Competition includes other casual, full-service dining establishments with a full bar, but pizza, burger and taco joints are a dime a dozen!

Growth & Expansion

Growth and expansion opportunities for the restaurant include expanding operating hours, hosting regular live music, offering late night dining and increasing bar sales. The restaurant currently closes nightly at 9:00 PM nightly and functions primarily as a family restaurant that is open for lunch and dinner. There is also a demand for catering and special events, which current ownership has chosen not to pursue. There is unlimited opportunity to expand by opening additional locations in Colorado Springs or other markets.


Listing Agent
Nicole Yates
More Information »



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