Legacy Italian with Liquor License earning $107,000

Kansas City, MO
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Asking Price:$89,000
Gross Revenue:$412,711
Established Year:1931
Cash Flow:$100,653
Rent:$2,800/Month
BUSINESS DESCRIPTION

Bring all offers!!! Any offer to be considered for a turn-key Italian Restaurant for Sale with Liquor license!! Why work for someone else when you can own this turn-key Italian restaurant? The current owner enjoys annual profits of over $107,000 from $412,711 in sales. Don't stay in a job you dislike when this incredible opportunity is available! With a full liquor license, this legendary Italian restaurant in downtown North Kansas City!! What are you waiting for? Seize this chance to own a successful and established restaurant with Owner Financing!!
This Italian restaurant, a money-making machine with eight experienced and well-trained staff, has been a staple since 1931!! The current owner of this Italian Restaurant for Sale is selling due to Retirement but is offering two weeks of training to pass on his recipes and processes.
Who better to teach you than the one who made it so successful? With a full liquor license in place, the restaurant's strong earnings are assured. The owner is ready to retire and doesn't advertise catering or promote busienss outside of the restaurant. This layer of sales is just waiting for a new owner to expand and take advantage of a concept that is almost 100 years old..!!!
Demand for such locations in Kansas City is high. With great rent terms, cost of goods sold, and a solid bottom line, this restaurant is an exceptional deal. It features seating for 62 inside, including at the bar, dining room, and rooms on both levels. Plus, there's a mini-golf course adjacent to the two-tier outdoor patio, where families gather to eat, play, and enjoy the quaint atmosphere!
This Italian Restaurant for Sale offers the only Italian restaurant food around. Draws from all over the Kansas City, Iowa, Nebraska, etc...This Italian has customers that visit from surrounding states and it is a legendary restaurant!!
Operating hours are Tuesday-Thursday 11am-8pm. Friday 11am-9pm. Saturday 8am-9pm. Sunday 8am-7pm. Earnings of $100,000 will provide a nice lifestyle for your family while you are in business for yourself. With a little advertising on catering, this can be a 1,000,000 in sales!! This Italian Restaurant for Sale has a fully equipped front and back of house including everything needed to start catering for the community. The NEW owner has opportunities to advertise for catering, advertise on Social Media, take advantage of the brand and sell sauces and dressings in grocery stores that customers still come for miles around to by in the store.
We know a co-packer right here in KC that will bottle all of the sauces and dressings to sell in HyVee, Price Chopper, Hen House, etc...!! Another opportunity to make $$$ that has not been taken advantage of. The total monthly rent is just $2800 including CAMS, for this 2,600 square foot Italian Restaurant for Sale opportunity.By providing your phone number to We Sell Restaurants, you are agreeing to receive text notifications.


DETAILED INFORMATION
Location
Kansas City, MO
Inventory
Not Included in asking price
Real Estate
Leased
Building SF
2,600
Lease Expiration
05/05/2023
Employees
8
Facilities
51 inch by 78 inch True 2 door glass fronts reach in cooler 51 inch by 78 inch 4 shelf Stainless Steel prep table 4 Kenmore residential fridge and freezers 2 GE residential fridge and freezers 24 by 25 inch Gas Char broiler Dean Open Fryer 60 inch by 35 inch 6 burner range and combo flat top with a 2 door oven 63 by 31 inch Steam Table 48 by 38 Make table and reach in that is 1 year old 36 by 30 Turbo Air make table and reach in 49 by 26 inch Avantco Beer Bottle Cooler 3 months old Casio SM-T277 register with cash drawer and printer 2 16 by 26 inch SS shelves in the bar Atomic Time Clock Machine 36 inch Samsung TV 100 year old piano with seat Antique cabinet to display wine 55 by 25 inch portable service bar Black and Decker air fryer and toaster 3 microwaves 2 Whirlpool residential freezers 62 Low top chairs 12 bar height chairs 10 low top tables 8 low top 2 tops 4 8 top tables 8 4 top patio tables 4 2 top patio tables 26 patio chairs 7 umbrellas Tons of Metro Shelving for storage Lots of smallwares for catering
Competition
Great rent factor, COGS and bottom line.
Growth & Expansion
Only Italian restaurant around. Draws from all over the Kansas City market other communities and plenty of room for building catering.
Support & Training
n/a
Reason for Selling
Retirement
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Tony
Miceli
We Sell Restaurants
Tony Miceli