Upscale, Casual Dining Restaurant

Not Disclosed, MO
Clay County


Asking Price: Annual Revenue:
$450,000 $961,900

Food & Beverage: Restaurants, Fast Food, Deli


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RE: Upscale, Casual Dining Restaurant Broker: Andy Cavanaugh

Quick Facts

Asking Price: $450,000
Annual Revenue: $961,900
Net Profit: Not Disclosed
Cash Flow: $190,000
Total Debt: Not Disclosed
FF&E: $25,000
Real Estate: Not Disclosed
Year Established: 20+
Employees: 20
BBN Listing #: 476328242
Broker Reference #: KS2949-AC

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Business Overview:

This quaint restaurant has been a staple of their downtown district for over 20 years. They are a full-service upscale casual dining restaurant with a full bar, catering to various tastes, serving dinner Monday through Saturday and lunch on Friday and Saturday. They are located on the corner of the main thoroughfares of downtown and occupy approximately 5,000 square feet of space for a base rent of $2,400. They are currently on a flexible lease going month-to-month.

Their consistently high-quality food and outstanding reputation draw locals and weekend getawayers alike. Unique to the industry, they have long-tenured chefs and wait staff.

The owners have built the business and have been an integral part of revitalizing downtown. Their revenues were just under $1,000,000, and Cash flow achieved just under $200,000 in 2021. They are ready to retire and spend time with family.

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Property Features and Assets:

5,000 square feet / $2,400 per month.

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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