Skip to content

Restaurant Properties for Sale in Aurora

1 property for sale
Full Restaurant for Sale in Geneva, IL
Full Restaurant
13 photos
Property Sale
$2,895,0008,000 sq ft0.41 Acres
124 S 2nd St, Geneva, IL 60134, USA8,000 sq ft (Bldg) · 0.41 Acres
  • 8,000 sq ft
  • 0.41 Acres
  • Outdoor
  • Bar Area

Market Context

Aurora Restaurant Sales Market at a Glance

Key figures operators and buyers need to understand the Aurora restaurant market.

Aurora is the third-largest city in Colorado and one of the most ethnically diverse restaurant markets in the western United States. The Havana Street corridor alone houses one of the most concentrated stretches of authentic ethnic cuisine in the Mountain West, with active Vietnamese, Korean, Mexican, Ethiopian, and Middle Eastern concepts.

Acquisition costs in Aurora run 25 to 40 percent below comparable Denver locations. Asset sales typically transact from $30,000 to $150,000. Full business sales range from $85,000 to $525,000 for established concepts in Stanley Marketplace, Havana, or the Anschutz Medical Campus area. Multi-unit operators occasionally transact at higher valuations.

Aurora's liquor license process runs through the Colorado Liquor Enforcement Division and the City of Aurora liquor licensing authority. Licenses in the Havana corridor and Stanley Marketplace transact regularly. Verify both state and city compliance status before submitting any offer that depends on the license remaining in good standing.

Popular Markets

Explore Other Restaurant Markets

Aurora restaurant opportunities span four distinct submarkets, each with different entry costs, demographics, and buyer demand.

  • Havana Street Corridor (Highest Concept Density): One of the most concentrated ethnic cuisine corridors in the western United States. Strong fit for authentic ethnic concepts, casual dining, and family-driven formats. Lease rates range from $22 to $32 per square foot annually with consistent turnover of second-generation restaurant infrastructure.
  • Stanley Marketplace (Premium Destination): A curated food hall and retail destination drawing customers from across the metro. Anchors high-volume casual dining, fast casual, and upscale concepts. Lease rates run $28 to $34 per square foot annually with strong weekend and event-driven traffic.
  • Anschutz & Fitzsimons (Medical Campus Adjacent): Adjacent to the Anschutz Medical Campus, the largest medical facility in the Rocky Mountain region. Strong daytime traffic from staff and visitors, plus growing residential demand. Lease rates range from $26 to $32 per square foot annually.
  • Southlands & Southeast Aurora (Suburban Growth): The fastest-growing residential corridor in Aurora, anchored by Southlands shopping center and upscale residential development. Strong demand for family dining, fast casual, and chain-adjacent concepts. Lease rates range from $24 to $32 per square foot annually.

Sale Types

Asset Sale vs Business Sale vs Property Sale

Asset Sale

A buyer acquires equipment, fixtures, furniture, and restaurant infrastructure without taking on the prior operating company.

Business Sale

A buyer acquires the operating business, brand, staff continuity, vendor relationships, and transfer documents tied to the acquisition.

Property Sale

A buyer acquires the real estate along with restaurant improvements, building systems, and site control.

Price Context

Restaurant Price Ranges in Aurora

Asking prices vary by market, concept, profitability, equipment condition, and whether real estate is included. Buyers often compare asset sales below $250,000, business sales from $250,000 to $1,000,000, and property sales above that range.

In Aurora, review the asking price against kitchen infrastructure, seating, alcohol license status, seller financing terms, and local permit transfer requirements.

Licenses and Permits

Alcohol License Transfer and Local Permits

Before completing a restaurant acquisition in Aurora, confirm IL alcohol license transfer, health permits, business licenses, signage approvals, and local operating permits with the agencies that control the address.

Permit transfer rules vary by market, so buyers should verify what transfers with the business sale, what requires a new application, and what must be approved by the landlord or property owner.

For Owners & Brokers

Why Use Pepperlot to Find Restaurants for Sale in Aurora

Built exclusively for restaurant real estate. Not a general commercial platform with a restaurant filter.

Restaurant Only Listings

Every listing on Pepperlot is a restaurant or F&B space. No warehouses, offices, or unrelated commercial properties diluting your search.

Restaurant Specific Listing Fields

Hood systems, grease traps, walk-in coolers, permits, liquor licenses, seating capacity, patio availability. The details that drive restaurant acquisition decisions are in every listing.

Location Intelligence

Cuisine gap analysis, foot traffic demand, and competitive landscape data for Colorado locations. Make a more informed acquisition decision before committing.

Confidential Listings Available

Some of the best Colorado restaurant opportunities are listed confidentially. Pepperlot gives you access to off-market deals not available on general platforms.

Interior of a RestaurantContract Document with Pen

Platform

How to Buy a Restaurant in Aurora

What to expect when acquiring a restaurant space through Pepperlot anywhere in Aurora.

Browse Active Listings

Filter Aurora listings by transaction type, size, price, and specific features like hood systems, grease traps, outdoor seating, and liquor licenses. Every listing includes the operational details that matter for restaurant acquisitions.

Review the Transaction Structure

Understand whether you are acquiring a full business, assets only, or a lease assignment. Each structure carries different liabilities, transition timelines, and entry costs. Asset sales protect buyers from prior liabilities. Business sales require deeper due diligence on financials and staff.

Contact the Seller Directly

Each listing displays the seller or broker's contact details. Reach out directly. Ask for three years of financial statements, lease documents, and Colorado Liquor Enforcement Division license details. Confirm the status of any health permits and local business licenses before proceeding.

Evaluate the Lease Structure

Confirm the remaining lease term, renewal options, NNN charges, and any operational requirements. Personal guarantees are standard in Colorado commercial leases. Terms vary significantly by landlord and submarket, so review the assignment provisions carefully before submitting an offer.

About PepperLot

Built for Restaurant Acquisitions in Aurora

PepperLot organizes restaurant acquisitions around the details buyers need in Aurora: sale structure, equipment, permits, seating, and property context.

Submit Listing
Interior of a Restaurant

Frequently Asked Questions

How much does a restaurant for sale in Aurora cost?

Aurora restaurant acquisitions range from $30,000 for entry-level asset sales to $525,000+ for established business sales. Pricing runs 25 to 40 percent below comparable Denver locations.

What are restaurant lease rates in Aurora?

Aurora restaurant lease rates range from $20 to $34 per square foot annually. Stanley Marketplace and Anschutz commands $28 to $34. Havana Street ranges from $22 to $32. Southlands ranges from $24 to $32. Older corridors range from $20 to $26.

What types of restaurant transactions are listed in Aurora?

Pepperlot lists business sales, asset sales, and property sales across Aurora. Asset sales transfer equipment and lease only, keeping the seller's liabilities out of the transaction. Business sales include the full operation, brand, permits, and staff. Property sales are outright real estate purchases.

Which Aurora neighbourhoods have the most restaurants for sale?

Pepperlot listings span every Aurora submarket. The strongest activity is concentrated in the neighbourhoods detailed in the Key Markets section above, with consistent inventory across primary, secondary, and growth corridors.

Can I list a restaurant for sale in Aurora on Pepperlot?

Yes. Listing on Pepperlot is free. Create a restaurant specific listing with details like hood systems, seating, permits, and lease terms, and your space is in front of buyers the same day. Confidential listing options are also available.