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.
- Asking Price:
- $1,750,000 Furniture / Fixtures included
- Sales Revenue:
- $3,524,867
- Cash Flow:
- $50,000
Property Information
- Real Estate:
-
Real Property Included
- Premises Details:
-
Extensive facility and parking. Seats over 300!
- Size in square feet:
- 12,000 sqft
Business Operation
- Expansion Potential:
-
Many ways to grow the business for an energetic new owner.
- Competition / Market:
-
Busy area with other dining options but nothing similar to this opportunity.
- Reasons for selling:
-
Retirement.
Other Information
- 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.
- Furniture / Fixtures value:
- $250,000 - included in the asking price
- Inventory / Stock value:
- $35,000
