Business For Sale

Restaurant/Bar in Historic Hotel

Not Disclosed, MO
Osage County


Asking Price: Annual Revenue:
$399,900 Not Disclosed

Food & Beverage: Restaurants, Fast Food, Deli


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RE: Restaurant/Bar in Historic Hotel Broker: Audrey Kauffman

Quick Facts

Asking Price: $399,900
Annual Revenue: Not Disclosed
Net Profit: Not Disclosed
Cash Flow: Not Disclosed
Total Debt: Not Disclosed
FF&E: $15,000
Real Estate: Not Disclosed
Year Established: 2007
Employees: Not Disclosed
BBN Listing #: 555849306
Broker Reference #: 04341-334397

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Business Overview:

Are you ready to create your own name in the restaurant business? This turn-key restaurant/bar/lounge is located in a renovated historic hotel (no longer a hotel) in a quaint germanique town. Restaurant has private seating areas perfect for private parties as well as outdoor seating on 3 levels overlooking beautiful rolling hills. Upstairs could be residence and/or B&B. Infrastructure is in excellent condition.

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Property Features and Assets:

This beautiful historic hotel has been a restaurant since it opened 88 years ago. The current owners ran the restaurant for 10 years. The menu has remained the same over the years with family style chicken, country ham and sides. Seller added Kobe beef and additional items in the bar/lounge. 75% of their customers reserved. Small walk-in groups were excepted. The restaurant not only served the community that it is located in but surrounding communities and was a destination restaurant. Additionally they reserved private rooms for life events i.e. birthdays, anniversaries, showers, retirements, Christmas parties, etc.

Market Competition and Expansion:

The sellers were open very limited hours and only on the weekends so the growth potential is huge. The new owner can create the hours he/she wants but it could support a full service restaurant. There is no competition.

Reason for Selling:

Health

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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