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The Feedlot - Restaurant & Bar 223 Main St
1,800 SF Retail Building Grainfield, KS 67737 $450,000 ($250/SF) 25% Cap Rate
INVESTMENT HIGHLIGHTS
- Renovated Bar & Dining Area
- Contemporary Western Theme
- Outdoor Patio Games & Seating
- Near High Traffic I-70
EXECUTIVE SUMMARY
?? Own a thriving business in the heart of Grainfield! This upscale, yet relaxed restaurant has been a cornerstone of the community for years, consistently delivering success and wealth for its owners. ?? With its established reputation, loyal clientele, and plenty of room for revenue growth ??, this is an ideal opportunity to build financial security and long-term wealth. ?? With Net Profits well into the 6 Figures this is an excellent investment with huge upside!
? The inviting atmosphere ???? and remodeled building make it the perfect establishment for a family-run business ??????????? or a passionate entrepreneur seeking a steady and profitable venture. The property boasts plenty of space to expand offerings, host special events ??, or introduce new dining concepts.
?? Proven Track Record: Restaurants at this location have a history of success, ensuring a smooth transition for new ownership. ?? Take the first step toward owning a business that not only generates impressive profits ?? but also secures your financial future.
Call Trevyn Wolf 785.422.5155 for more information.
Virtual Tour: https://my.matterport.com/show/?m=qWKcvGuKVQE
Platinum Group
O: (785) 621-4663
FINANCIAL SUMMARY (ACTUAL - 2024) |
ANNUAL | ANNUAL PER SF |
|---|---|---|
| Gross Rental Income |
-
|
-
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$353,670
|
$196.48
|
| Taxes |
$2,323
|
$1.29
|
| Operating Expenses |
$155,000
|
$86.11
|
| Total Expenses |
$157,323
|
$87.40
|
| Net Operating Income |
$196,347
|
$109.08
|
FINANCIAL SUMMARY (ACTUAL - 2024)
| Gross Rental Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $353,670 |
| Annual Per SF | $196.48 |
| Taxes | |
|---|---|
| Annual | $2,323 |
| Annual Per SF | $1.29 |
| Operating Expenses | |
|---|---|
| Annual | $155,000 |
| Annual Per SF | $86.11 |
| Total Expenses | |
|---|---|
| Annual | $157,323 |
| Annual Per SF | $87.40 |
| Net Operating Income | |
|---|---|
| Annual | $196,347 |
| Annual Per SF | $109.08 |
PROPERTY FACTS
AMENITIES
- Courtyard
- Restaurant
- Air Conditioning
ABOUT 223 MAIN ST , GRAINFIELD, KS 67737
Virtual Tour: https://my.matterport.com/show/?m=qWKcvGuKVQE Thriving upscale restaurant in Grainfield, KS! Located just off the bustling I-70, this highly profitable restaurant is well-known for its exceptional pizzas and steaks. With inside seating for up to 83 guests, a fully stocked bar, and a lively outdoor patio(additional seating for 24) with turf games, it's a favorite among locals and a destination for visitors from miles around. This well-patronized establishment offers a fantastic opportunity for an aspiring restaurateur and still has a lot of room for growth. For someone wanting to own your own business or even an investor wanting a good ROI, this establishment is well managed and has produced a strong baseline for a new owner to jump in and thrive. This sale is turnkey with all restaurant equipment & inventory included. Reach out today to learn how you can make your dream of business ownership into a reality! Call Trevyn Wolf 785.422.5155 for more information.
PROPERTY TAXES
| Parcel Number | 033-07-0-10-26-004.00-0 | Total Assessment | $13,430 |
| Land Assessment | $305 | Annual Taxes | $2,323 ($1.29/SF) |
| Improvements Assessment | $13,125 | Tax Year | 2024 |
PROPERTY TAXES
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The Feedlot - Restaurant & Bar | 223 Main St
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