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Business For Sale

Casual Dining Rest w/RE - Profitable 1636SN

St. Louis, MO

Food & Beverage: Restaurants, Fast Food, Deli

Business For Sale
Asking Price:
Annual Revenue:
Net Profit:
Cash Flow:
Total Debt:
$529,000
$659,579
Not Disclosed
$54,042
Not Disclosed
FF&E:
Real Estate:
Year Established:
Employees:
Listing Number:
$60,000
$325,000
Not Disclosed
14
818413435

Business Overview:

Profitable, Well Established Casual Dining Restaurant include real estate. Located with frontage on one of the areas busiest highways, this is truly a 'destination' casual dining restaurant - that has been successful for nearly three decades. The current owners have continued to update the equipment and facility to keep things running smoothly. Currently there are managers in place who oversee the entire day to day operation of the restaurant and the owners are semi-absentee. The sellers have reached the age where they would like to retire and have decided to offer this rare opportunity to a luck buyer. Restaurant experience is not required but would be a plus. The real estate is included in the asking price(valued at $325,000) and the owners benefits paying themselves $18,000+ in annual rent. This allows a buyer to accumulate equity over time. For more information, please call Steve Normand or call our office.

For more information regarding this listing please contact us by completing the "Contact the Seller" form to the left. We look forward to hearing from you.

Reason for Selling:

Retiring

Additional Details:

  • The property is owned.
  • The owner is willing to train/assist the new owner.
  • This is not a homebased business opportunity.
  • This is not a franchise resale opportunity.

Resources: