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Landmark St. Louis Bar/Restaurant with over 20 years of success/boasting almost $300k in Earnings fo for sale in Metro St Louis, MO

Metro St Louis, Missouri (MO)

Asking Price: Gross: Cash Flow:
$ 816,000 $ 1,705,100 $ 297,868

Furniture and Fixtures Value:
$ 80,000 (included in the asking price)

Inventory Value:
$ 25,000 (not included in the asking price)

Real Estate:
$ 500,000 (not included in the asking price)

Business Summary:
St. Louis Landmark bar/restaurant for sale. This business has experienced over 20 years of success and profited just under $300k in 2016. Owner only works about 20-25 hours a week in the business as he has other companies. Seller has been in the industry for a long time and would like to pursue some more passive ventures. Looking for a great buyer to take over this establishment and continue the longstanding brand as a leader in the St. Louis Hospitality industry. For more information, please call 314.548.2153 or [email protected]

 

   
Number of Employees: 20FT/15PT  
   
Facilities / Terms of Lease: Building: OWN 2,750 Square Footage Rent: $60,000 yearly  
   
Potential Growth/Expansion: Put a Outside Patio  
   
Competition: Other Bars and Restaurants  
   
Owner willing to train: Yes  
   
Reason for selling: Pursue other opportunities  
   
Seller Reference Number: 236
BusinessMart.com Listing Number: 215341
 

 

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