Restaurant in Southeast Missouri

Not Disclosed, MO

Asking Price: Annual Revenue:
$400,000 $861,251

Food & Beverage: Restaurants, Fast Food, Deli

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RE: Restaurant in Southeast Missouri Broker: Jennifer S. Smith

Quick Facts

Asking Price: $400,000
Annual Revenue: $861,251
Net Profit: Not Disclosed
Cash Flow: $92,057
Total Debt: Not Disclosed
FF&E: $54,000
Real Estate: $246,500
Year Established: 2005
Employees: 28
BBN Listing #: 93854955
Broker Reference #: 5506-16228

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Business Overview:

This restaurant has a strong, loyal customer base. So loyal that they actually saw an increase in sales in 2020 in spite of local shutdown orders in the first quarter of the year! Located in a rural setting, they regularly attract customers from a 50 mile radius. In addition to delicious food, people join them for the musical talent they bring to the venue. This business is ready to continue thriving under new ownership.

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Property Features and Assets:

The restaurant has been added to several times with a patio, dine-in bar, and regular seating with a non-smoking area. They also have a heavy-duty smoke handling ventilation system. Additionally, there is an outdoor area with a bar on site when the weather is nice. Assets = $313.500.

Market Competition and Expansion:

There are no other restaurants in the immediate vicinity of this business. This business has a loyal following of people who love their food and come in to dine regularly. There is a variety of opportunities for a new owner to expand the business even further. Adding more catering events on and off site, doing more online and offline advertising, and putting to use the point of sales system included in the sale would all expand business and revenue. A new owner with fresh eyes, excitement, and a passion for the business will find more opportunities for profit and expansion.

Reason for Selling:

The owner is ready to retire.

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.

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