Hot Listing
High Volume Market Hall Bar in Prime Location
Business Description
Established 10 Years. Well known destination for locals and tourists.
High Volume Market Hall Bar in Prime Location
Established in 2015, this thriving bar operates within a bustling market hall in Denver's vibrant RiNo neighborhood. With 10 years of successful operation, this well-known destination attracts both locals and tourists, generating impressive annual revenue of $1,250,000.
Business Overview:
This profitable establishment offers simple, streamlined operations with no food service, making it exceptionally easy to manage. The current absentee owner has built a sustainable business model that continues to thrive with minimal hands-on involvement. Located in a 2,500 square foot space, the bar benefits from high foot traffic and an established customer base.
Financial Performance:
• Annual Revenue: $1,250,000
• Cash Flow (SDE): $185,000
• EBITDA: $215,000
• FF&E Value: $170,000
• Inventory Value: $57,000
• 7 Employees
Location & Lease:
Prime location within an established market hall in Denver's trendy RiNo district. The lease runs through May 1, 2026, at $11,187 per month. While there is competition in this popular neighborhood, the area supports numerous successful concepts as both a daytime and nightlife destination.
Growth Opportunities:
Significant potential exists to leverage the bar's established recognition into offsite events and expanded revenue streams. The strong brand presence and loyal customer base provide an excellent foundation for growth initiatives.
Owner Support:
The seller will provide 30 days of comprehensive training and ongoing support during the transition period, ensuring a smooth handover of operations.
Financing:
Asking price of $375,000 with partial seller financing available, providing flexible acquisition options for qualified buyers.
This turnkey opportunity represents an ideal investment for operators seeking an established, profitable bar with proven performance in one of Denver's most dynamic neighborhoods. The owner is selling to focus on a new business venture.
Established in 2015, this thriving bar operates within a bustling market hall in Denver's vibrant RiNo neighborhood. With 10 years of successful operation, this well-known destination attracts both locals and tourists, generating impressive annual revenue of $1,250,000.
Business Overview:
This profitable establishment offers simple, streamlined operations with no food service, making it exceptionally easy to manage. The current absentee owner has built a sustainable business model that continues to thrive with minimal hands-on involvement. Located in a 2,500 square foot space, the bar benefits from high foot traffic and an established customer base.
Financial Performance:
• Annual Revenue: $1,250,000
• Cash Flow (SDE): $185,000
• EBITDA: $215,000
• FF&E Value: $170,000
• Inventory Value: $57,000
• 7 Employees
Location & Lease:
Prime location within an established market hall in Denver's trendy RiNo district. The lease runs through May 1, 2026, at $11,187 per month. While there is competition in this popular neighborhood, the area supports numerous successful concepts as both a daytime and nightlife destination.
Growth Opportunities:
Significant potential exists to leverage the bar's established recognition into offsite events and expanded revenue streams. The strong brand presence and loyal customer base provide an excellent foundation for growth initiatives.
Owner Support:
The seller will provide 30 days of comprehensive training and ongoing support during the transition period, ensuring a smooth handover of operations.
Financing:
Asking price of $375,000 with partial seller financing available, providing flexible acquisition options for qualified buyers.
This turnkey opportunity represents an ideal investment for operators seeking an established, profitable bar with proven performance in one of Denver's most dynamic neighborhoods. The owner is selling to focus on a new business venture.
About the Business
- Years in Operation
- 10
- Employees
- 7
- Facilities & Assets
- Fully built out bar with all equipment needed to operate on day to day basis. Refrigeration, equipment, draft system, prep tools and equipment, and seating. Fully built out Toast point of sale, inventory and financial management systems in place.
- Market Outlook / Competition
- Located in the RiNo neighborhood of Denver there is competition, but as a daytime and nightlife destination, the neighborhood supports a significant number of concepts.
- Opportunities for Growth
- Growth opportunities in leveraging the recognition into offsite events.
Real Estate
- Owned or Leased
- Leased
- Building Sq. Ft.
- 2,500
- Rent
- $11,187.00 per month
- Lease Expiration
- 5/1/2026
About the Sale
- Seller Motivation
- Focusing on a new business venture.
- Transition Support
- Seller will offer a transition period of 30 days for training, questions, and ongoing support.
- Financing Options
- Partial Seller Financing Possible
Listing Info
- ID
- 2394431
- Listing Views
- 3046
Listing ID: 2394431 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.
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