Very Busy Large Restaurant w R/E Priced @ Asset Value St. Louis Metro
Missouri
| Asking Price: | $1,750,000 |
| Gross Revenue: | $3,524,867 |
| FF&E: | $250,000 |
| Cash Flow: | $50,000 |
| Inventory: | $35,000 |
| Real Estate: | $1,500,000 |
Listing ID: 2303183Listing provided by BizBuySell
BUSINESS DESCRIPTION
Are you experienced in the Restaurant industry? This is a large operation with average sales around $3,500,000 yearly. The asking price at asset value including the extensive Real Estate valued at $1,500,000. While the business is profitable even taking into consideration the expense of owning the property, the operation needs improvement.
Unique concept in it’s geography
Large dining area
Banquet area
More than ample parking
AMAZING Kitchen
Understand carry out
All real estate, equipment, name, menu and processes included. Owner is retiring but will assist in training and transition after the sale.
This restaurant is located in Illinois in the St. Louis metro area.
DETAILED INFORMATION
Location
Missouri
Inventory
Not Included in asking price
Real Estate
Owned
Included in asking price
Building SF
12,000
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
Extensive facility and parking. Seats over 300!
Competition
Busy area with other dining options but nothing similar to this opportunity.
Growth & Expansion
Many ways to grow the business for an energetic new owner.
Support & Training
Seller will share their knowledge on how they run the business. They will also help a new buyer in moving forward in what every way they can.
Reason for Selling
Retirement.
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