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Landmark Restaurant and Bar with Real Estate

St. Louis-Metro East, Missouri

Asking Price: Gross: Cash Flow:
$1,400,000 $550,000 $50,000

Furniture and Fixtures Value:
$450,000 (included in the asking price)

Inventory Value:
$40,000 ( not included in the asking price)

Real Estate:
$1,200,000 (included in the asking price)

Business Summary:
This very popular restaurant and bar has been in business over 60 years and owners are wanting to retire. Located in a very good area and with great parking and exposure. Check out this 14,000 sq ft restaurant with multiple dining rooms and banquet rooms along with a great bar that has outside dining and much more. . Sellers will entertain some owner financing and will stay on a period of time to train new owners. THIS is priced to sell and listed at $400,000 under appraised price.Please call Ken Kunkel at 636 346 0293 for more information on this turn-key restaurant. Please reference ID#1138KK.

 
   
   
Number of Employees: 25  
   
Owner willing to train: Seller will train new owner and assist in transition.  
   
Reason for selling: Retirement  
 

 

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