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Ethnic Food Restaurant Franchise for sale in St Louis County, MO

St Louis County, Missouri (MO)

Asking Price: Gross: Cash Flow:
$ 199,000 $ 347,812 $ 36,046

Furniture and Fixtures Value:
$ 100,000 (included in the asking price)

Inventory Value:
$ 2,000 (not included in the asking price)

Business Summary:
This is a turnkey franchised ethnic restaurant that is located in a West County shopping plaza. This location is one of 40 locations in 16 states and has a loyal following for its delicious authentic food. This restaurant serves beer, wine, and liquor from its separate bar area and it has a separate banquet room.Sales dipped in 2018 as the owner was focused on starting another business, but sales and profits this year are growing back to 2016 levels with its new catering partnership and delivery arrangements. There is additional potential for the buyer to do more promotions plus market its large banquet room for parties. The owner is looking to relocate to another state to be with family and will provide some training/mentoring after the sale. The franchise has extensive training and support programs for the new buyer after the sale as well.For more information, please contact Kam at 314.369.3294 or Dan at 314.651.6138, or our offices at 314.842.3802 and ask about ID#2901KMDK.

 

   
Facilities / Terms of Lease: Leased: 3360 sq. ft. $3,620 per month.  
   
Owner willing to finance: Negotiable  
   
Owner willing to train: Yes  
   
Reason for selling: Personal Reasons  
   
Seller Reference Number: 2901KMDK
BusinessMart.com Listing Number: 247120
 

 

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For more info contact:

Angi Rogers

Saint Louis Group Business Brokers
314-842-3802

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