Featured Closing: A Restaurant in the DTC

Featured Closing: A Restaurant in the DTC

Just before the end of 2016 our esteemed broker, Chris Cantwell, successfully closed on Nature's Table in the Denver Tech Center. This restaurant offered buyers a unique opportunity to work in the restaurant industry for a franchise located in a DTC office building. We say unique because of the businesses location, which created the rare opportunity to manage a restaurant with nights, weekends and holidays off! The many benefits of this business quickly inspired a pair of buyers, Yadi and Francisca Iqbal, to inquire about the business and begin the process towards purchase.

Key Closing Statistics

  • Closing broker: Chris Cantwell
  • Sold for 81% of the asking price
  • Listed for 110 days

Our broker Chris, who has a rich history in the hospitality industry (restaurants, bars, breweries etc.), was able to skillfully guide the buyers through the buying process. During this time he ensured that the pair were well qualified to support the demands of a restaurant and that they understood the franchise requirements prior to purchasing the business. Because of Chris's attention to detail during the process, the business transaction was able to move to close at the end of 2016, a well known, hectic time of year that can foil even the most tenured broker.

Congratulations are due to Yadi and Francisca Iqbal on their recent acquisition!

For more information on the Transworld sale process please visit our website or schedule a consultation now!

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Rachael Holstein joined the Transworld Team in 2016 as Marketing Coordinator. Her working experience has been largely focused on Business Development and Marketing in the finance, architecture, property management, and information technology industries. A long time resident of Cleveland, Ohio, she attained her Undergrad from John Carroll University and a Master's Degree in Global Interactions from Cleveland State University. She relocated to Denver in 2013 for a change of scenery and a bit of adventure.