Seller's Contact Information
- RE: Landmark Stl Bar/Restaurant W/RE Available #236
- Contact: Ben Strake
Quick Facts
| Asking Price: | $1,000,000 | |
| Annual Revenue: | $1,705,100 | |
| Net Profit: | Not Disclosed | |
| Cash Flow: | $297,868 | |
| Total Debt: | Not Disclosed | |
| FF&E: | $80,000 | |
| Real Estate: | Not Disclosed | |
| Year Established: | 1996 | |
| Employees: | 35 | |
| BBN Listing #: | 760347756 | |
| Broker Reference #: | 236 |
Business Overview:
St. Louis Landmark Bar/Restaurant for sale. This business has experienced over 20 years of success and profited just under $300,000 in 2016. Owner only works about 20-25 hours a week in the business as he has other companies. Seller has been in the industry for a long time and would like to pursue some more passive ventures. Looking for a great buyer to take over this establishment and continue the longstanding brand as a leader in the St. Louis Hospitality industry. For more information, please call 314-548-2153 or info@premierbb.com.
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Property Features and Assets:
Building: OWN; Real Estate is Available @ $500,000; 2,750 Square Footage; Rent: $60,000 yearly.
Market Competition and Expansion:
Competition: Other Bars and Restaurants; Expand: Put a Outside Patio.
Reason for Selling:
Pursue other opportunities.
Additional Details:
- The property is owned.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
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