Price Drop Bar & Restaurant *2 Million in Sales

Saint Louis, MO
St. Louis County

Metro Area


Asking Price: Annual Revenue:
$699,000 $2,000,000

Food & Beverage: Restaurants, Fast Food, Deli


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RE: Price Drop Bar & Restaurant *2 Million in Sales Broker: Ken Kunkel
Owner Financing is Available!
Seller Financing for the experienced buyer.

Quick Facts

Asking Price: $699,000
Annual Revenue: $2,000,000
Net Profit: Not Disclosed
Cash Flow: Not Disclosed
Total Debt: Not Disclosed
FF&E: $375,000
Real Estate: Not Disclosed
Year Established: 30
Employees: 25
BBN Listing #: 458259761
Broker Reference #: 1009KK

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Business Overview:

Price Reduction
Sports Bar & Restaurant & attached Nightclub. Sales averaging around 2 million a year with most equipment >5 years old. Also a 2-million-dollar build-out a few years ago.
This is always favorite spot for Blues fans & Cardinal fans before and after the game. The owner is open to financing a portion of the sale of this business to a qualified buyer and very motivated to sell. This is a great opportunity for a buyer to have a lease in place with no triple net and an amazing price per sq ft for the next 13 years.
• Prime Location
• Excellent Lease Rate
• Wide Open & Lots of Square Footage
• Patio with Awning
• Full-Kitchen
• Equipment less than 5 years old.
• Eat In & Delivery & Take Out
• Loved by locals & Out of towners
• Well Trained Staff
The owner is open to financing a portion of the sale of this business to a qualified buyer and very motivated to sale. Please contact Ken Kunkel with Fusion Business Brokers.

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Property Features and Assets:

The building is located on a major street, next to parking garage. Kitchen equipment less than 5 years old. 2 Million dollar build out.

Reason for Selling:

Retirement

Additional Details:

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

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