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Historic Building for Sale #774

Greater St. Louis Area, Illinois

Asking Price: Gross: Cash Flow:
$545,000 Undisclosed Undisclosed

Furniture and Fixtures Value:
$58,350 (included in the asking price)

Inventory Value:
$5,000 ( not included in the asking price)

Real Estate:
$0 ( not included in the asking price)

Business Summary:
A great opportunity to own a very well-maintained historic building in the greater St. Louis area. For the last several years the historic church building has served as a banquet and events center. A new potential owner may choose to continue using the building in the same fashion or convert it to suit their business needs. The real estate was appraised at $650,000. FF&E is valued at over $58,000 and will be included in the sale at no additional charge. As an added bonus, the owner may be willing to include transferring any existing future events with potential buyers. This is strictly a real estate sale. Any rights to the name of the business are not included in the sale but can be negotiated. For more information, call Sam Hassoun at 314.315.2086 or [email protected].

 
   
   
Year Business was Established: 1994
   
Facilities / Terms of Lease: Building Own 9,500 sq. ft.  
   
Owner willing to train: Yes  
   
Reason for selling: Retirement  
 

 

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