If you have ever dreamed of owning and running a successful restaurant in the St Louis suburbs with the support of an established franchise and without the expense, risk and headaches of startup, this is a great opportunity for you. The sellers have invested nearly $900,000 to build this restaurant and they are willing to sell it for $449,000 so they can pay down debt and focus on their other businesses. This turnkey restaurant has already been through the difficult and expensive startup process and is poised to realize immediate cash flow and significant growth and profitability. Achieving $1.5 million in revenue during its first year demonstrates the strength of its brand, its products, community support and potential. When adjusted for discretionary allocations and owner benefits, first year cash flow exceeded $66,000. Normalized for standard COGS and removal of 2022 expenses paid in 2023 (cash basis), cash flow exceeded $148,000. Growth opportunities abound.
- Asking Price:
- $449,000 Furniture / Fixtures and Inventory / Stock included
- Sales Revenue:
- $1,491,071
- Cash Flow:
- $58,277
Property Information
- Real Estate:
-
Lease
- Lease Terms:
-
Monthly Rent: $13,922.00
Square Units (Foot, Meter): 3,800
Lease Expiration Date: May 31, 2032, 10:00:00 PM
Terms Options: Four 5-year options
- Premises Details:
-
FF&E Overview: Mostly new equipment and leasehold improvements
FF&E General Condition: Excellent
Business Operation
- Expansion Potential:
-
Strong
- Reasons for selling:
-
Focus on other businesses
- Trading hours:
-
11a-10p
- Employees:
- 18
- Years established:
- 2022
Franchise Information
- Franchise opportunity:
-
Franchise Resale
Other Information
- Support & training:
-
Number of Weeks Seller Will Offer Training: 4
- Furniture / Fixtures value:
- $216,000 - included in the asking price
- Inventory / Stock value:
- $14,500 - included in the asking price
